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Foreign carriers’ trapped funds rise to $4.7 in Nigeria, Venezuela
*IATA, report rank Africa as highest in airport taxes *FAAN rakes $34 m annually from airport taxes The International Air Transport Association (IATA) today ranked Nigeria and Venezuela as two countries with highest number of airlines’ funds trapped in their countries. This is coming at a time the clearing house for global airlines is engaging the Federal Government at all levels to ensure that issues with trapped funds are resolved. The group at…
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