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Nigerian Travel Agents Struggle with Global Competition Amid FX Pressures

Business1 min read
Nigerian Travel Agents Struggle with Global Competition Amid FX Pressures

The Managing Director of Finchglow Travel Limited, Ezekiel Ikotun, expressed concerns over the impact of foreign exchange pressures on Nigerian travel agents' ability to compete globally. Ikotun emphasized challenges such as staff shortages, knowledge gaps, and limited access to funds.

He noted the importance of international accreditations like IATA and the need for critical industry information. Finchglow is implementing strategies like leveraging corporate clients, dual currency settlements, and industry engagement to empower travel professionals.

Ikotun commended efforts to stabilize the aviation sector and advocated for fair policies to improve operational conditions.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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