Nigeria, travel agents lose over $400m to offshore ticket purchases

Nigeria, travel agents lose over $400m to offshore ticket purchases

 Job losses persist over $800 airlines’ trapped funds The insistence by many of the international airlines for dollar payment for tickets and the skyrocketing airfares on the Nigerian routes occasioned by carriers’ trapped $800 million has resulted in losses to the economy estimated at more than $400 million. Job losses equally persist as many of the travel agencies have cut staff strength over the purchase of tickets overseas and have devised a means of collaboration…

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