Nigeria FG Moves to Ban Sale of Flight Tickets in US Dollars

Date:

The Federal Government is taking steps to stop foreign airlines operating in Nigeria from selling flight tickets in US dollars, according to the National Association of Nigerian Travel Agencies (NANTA).

NANTA disclosed that the move aims to reduce pressure on the naira and restore compliance with Nigerian aviation regulations, which require all transactions within the country to be conducted in local currency.

The association noted that several international carriers continue to price tickets in dollars, making air travel unaffordable for many Nigerians and contributing to foreign exchange instability.

In response, government agencies are said to be working on new enforcement measures to ensure airlines comply with local currency policies.

Meanwhile, travel operators are calling on the government to provide stronger policy and financial support for domestic airlines, particularly Air Peace, which has expanded international routes in recent months.

Industry analysts believe that curbing dollar-denominated ticket sales could ease forex demand and help stabilize the aviation sector, though they warn that enforcement must be balanced to avoid disruptions in flight operations.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Andrew Garfield Reveals How Fela Kuti Influenced His Spider-Man Performance

  Hollywood actor Andrew Garfield has revealed that the music...

Jane Njimogu: How Learning To Understand Her Own Hair Led To The Birth Of Zingiber Hair Care

The Patch That Started a Brand Jane Njimogu, Founder and...

GOOGLE SELECTS SIX NIGERIAN NEWS CREATORS FOR AI-DRIVEN REVENUE GROWTH PROGRAMME

In a major move to empower the next generation...