September 07, (THEWILL) – The federal government has directed the Nigeria Civil Aviation Authority (NCAA) to sanction international airlines said to be refusing to sell tickets in naira.
To solve the issue of forex, the Federal Government of Nigeria, a few weeks ago, released over $265 million to foreign airlines, to enable them to repatriate their trapped funds in the country.
The Minister of Aviation, Senator Hadi Sirika, announced Nigeria’s decision to sanction erring carriers, on Wednesday, while fielding questions after the Federal Executive Council (FEC) meeting, presided over by President Muhammadu Buhari, at the Presidential Villa, Abuja.
Sirika said intelligence reports indicated that some of the airlines are refusing naira and charging their ticket fares in dollars in violation of the country’s laws, adding that NCAA had been mandated to deal with any of such airlines wilfully breaching the laws.
According to him, some of the airlines have also blocked local travel agencies from accessing their websites for transactions.
He said the foreign airlines had made over $1.1 billion from Nigeria from 2016, which could have been retained in the country if they were local airlines.
The minister said the airlines remitted over $600 million to their home countries in 2016, while over $265 million had also been released this year out of about $484 million due to them.
He said the government is trying to keep the airlines happy by ensuring that their money does not pile up again, stating that while the country needs their services, the airlines need the Nigerian market.
Sirika also cautioned them to refrain from using social media to press home their demands but to instead use diplomatic channels.
About the Author
Anthony Awunor, is a business correspondent who holds a Bachelor of Arts Degree in Linguistics (UNILAG). He is also an alumnus of the Nigerian College of Aviation Technology (NCAT), Zaria Kaduna State. He lives in Lagos.
