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Mozambique tops $1.3 billion in airlines blocked funds by governments, Nigeria maintains clean bill
Trapped funds violate BASA, raise rate risks, says IATA The International Air Transport Association (IATA) reported that $1.3 billion in airline fund is blocked from repatriation by governments at the end of April 2025. This is a significant amount, although it is an improvement of 25% compared with the $1.7 billion reported for October 2024. For two years, Nigeria has maintained a clean bill as the country is not among the nations owing foreign carriers….
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