The administration of President Bola Ahmed Tinubu is set to end the sale of tickets in dollars by foreign airlines.
The President of the National Association of Nigerian Travel Agencies (NANTA), Yinka Folami revealed this while speaking on a cultural and tourism programme in Lagos at the weekend.
The Agencies’ president described the cross-border trading in foreign currency as “a crime against the economy.”
“Those of us in the aviation space understand that until we have a strong Nigerian carrier to stand in the gap, these issues will persist. I am happy to inform Nigerians that the government is squarely addressing the issue of ticket sales in foreign currency, and that is the latest update on the matter,” Folami said.
He argued that the move by foreign airlines was against the rules, adding that it puts pressure on the naira and foreign exchange. According to him, the challenges are now being addressed by the government following outcries by travel agencies over the menace.
He explained that there is no need to sell tickets in foreign currency again in Nigeria, describing the practice as an outdated system that will fade out in Nigeria’s aviation industry, soon.
The development of Gurara Suleja and Tafa Federal Constituency……My Priority
