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Airlines, travel agencies jettison Naira, to sell tickets in dollars from April 19
Cite $283 million trapped funds, forex scarcity for action Airfares on international routes skyrocket With effect from April 19, 2022, airlines on APG Interline Electronic Ticketing Agreements (IET) GP code 275 would start accepting issuing of tickets in United States Dollars and not Naira. This new policy according to the group was caused as a result of the difficulty in repatriating airlines’ huge funds stuck in Nigeria and other countries coupled with foreign exchange APG…
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