• Home
  • Business
  • No Airline Sells Ticket In Foreign Currency – says NCAA
Image

No Airline Sells Ticket In Foreign Currency – says NCAA

The Federal Government has described as untrue, claims that foreign airlines are selling their tickets in foreign currency in Nigeria due to their earnings that are trapped with the Central Bank of Nigeria (CBN).

There have been reports in the media that some foreign carriers like Turkish Airline, Lufthansa and Delta were selling tickets only in foreign currency.

The move, according to the reports, was to evade the forex liquidity crisis in Nigeria, coupled with alleged upward review of charges by the local authorities.

But, speaking to journalists recently, the director general of the Nigerian Civil Aviation Authority (NCAA), Capt. Musa Nuhu, said none of the foreign carriers had notified the concerned agencies of any change in ticketing modalities.

According to Nuhu, Nigerian currency (Naira) remains the statutory currency of transactions in the aviation sector, saying that the regulation mandates operating airlines to notify the NCAA where there are significant changes, but none has approached the apex regulator on dollarisation of flight tickets.
“In fact, on one of the airlines that is claimed in the social media to be selling in dollars, I actually got its ticket purchased today in naira in preparation for the ICAO event coming up next month. I bought the ticket ahead of time so that I can get a lower price. So, we are not aware of dollarisation where airlines have demanded dollars for the purchase of tickets,” Nuhu said.

Related Posts

NEW: UBA Zambia opens 10th branch in Kasumbalesa

United Bank for Africa (UBA) Zambia has officially opened its 10th branch in Kasumbalesa, a strategic border town…

Olaniyi Soyinka joins Airtel as new Reg. HR Business Partner

Olaniyi Soyinka has been appointed Regional Human Resources Business Partner at Airtel Nigeria, marking a significant step in…

Fincra Ghana appoints Yaw Adum-Attah as new Country Manager

Fincra Ghana has appointed Yaw Amoah Adum-Attah as its new Country Manager, entrusting him with strategic leadership of…

Kenya Power’s Kalungu-Uvyu reflects on lessons from leading 11,000 employees

For Cecilia Kalungu-Uvyu, General Manager of Human Resources and Administration at Kenya Power, leading an organization of 11,000…