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Nigerian Travel Agents Slam Foreign Airlines for Rejecting Naira Payments - Economic Concerns

Business
Legit NG
1 min read
Nigerian Travel Agents Slam Foreign Airlines for Rejecting Naira Payments - Economic Concerns

The National Association of Travel Agencies in Nigeria (NANTA) has strongly criticized three foreign airlines for rejecting naira payments for flight tickets, insisting on dollar transactions within Nigeria. NANTA President Yinka Folami condemned this practice, highlighting its negative impact on Nigeria's economic sovereignty.

Despite improvements in the foreign exchange system, these airlines have refused to reinstate naira payment options, causing concern within the aviation industry. Folami emphasized the importance of accepting local currency for transactions within the country, arguing that the airlines' stance undermines Nigeria's economic stability and autonomy.

This development raises questions about the airlines' policies and their implications for the Nigerian travel sector.

Plus234Feed summary based on reporting from Legit NG. Read the original report below.

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