NANTA

How unfair trade practices hamper travel growth in Nigeria, encourage capital flight, say FCCPC, NANTA

Posted on by Wole Shadare
How unfair trade practices hamper travel growth in Nigeria, encourage capital flight, say FCCPC, NANTA

    The National Association of Nigerian Travel Agency (NANTA) and the Federal Competition and Consumer Protection Commission (FCCPC) have expressed concern about the many of the tickets to fly in the country’s market that are generated outside the shores of the country popularly described as Sold Outside Ticket Outside (SOTO) or Sold Outside and Ticketed Inside (SOTI) even though international carriers have all released their lower tickets inventories for the Nigerian market. They are…

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NANTA: Trapped fund resolution will stabilise fare pricing in Nigeria, lauds Tinubu, CBN

Posted on by Wole Shadare
NANTA: Trapped fund resolution will stabilise fare pricing in Nigeria, lauds Tinubu, CBN

The National Association of Nigeria Travel Agencies (NANTA) said the decision by the Central Bank of Nigeria (CBN) and indeed that of the Federal Government to release foreign airlines’ trapped funds has helped to remove stains on the image of Nigeria, just as it praised the government and other relevant agencies for the speedy resolution of the matter. President of NANTA, Yinka Folami who disclosed on Thursday in Lagos said his association whose members and…

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Why NANTA Act was not my administration’s priority-Akporiaye

Posted on by Wole Shadare
Why NANTA Act was not my administration’s priority-Akporiaye

The outgoing national president of the National Association of Nigerian Travel Agents (NANTA), Mrs Susan Akporiaye has explained the reason for the inability of the group to get an Act that regulates the agency’s operations many years after it embarked on the journey. She however said she was more concerned about the survival of members’ businesses and how to help them recover from the devastating effects of COVID that did incalculable damage to travel trade…

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Naira appreciation, lower ticket inventory, reasons for fare crash, says NANTA, plans 48th AGM

Posted on by Wole Shadare
Naira appreciation, lower ticket inventory, reasons for fare crash, says NANTA, plans 48th AGM

Nigeria lost 40% ticket sales to other nations   The President of the National Association of Nigeria Travel Agencies (NANTA), Mrs. Susan Akporiaye has attributed the opening of lower fare inventories by foreign airlines, the strength of the Naira and the clearing of a backlog of international carriers’ trapped fund backlog as the reason for the reduction in air fares. Fares on international routes from Nigeria for economy class tickets were as high as N2.5…

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Olotu: We must not allow anyone to divide NANTA

Posted on by Wole Shadare
Olotu: We must not allow anyone to divide NANTA

A frontline presidential candidate for the National Association of Nigerian Travel Agents (NANTA) election which comes up on April 26, 2024, Mr. Daisi Olotu has mapped out his strategy on how to reposition the body via so many laudable programmes and projects. He outlines his plans while speaking with WOLE SHADARE The NANTA election is about two weeks from now or close to that, what are your plans for NANTA?   It is good to let…

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NANTA President fumes over members’ anti-competition, retrogressive practices

Posted on by Wole Shadare
NANTA President fumes over members’ anti-competition, retrogressive practices

The President of the National Association of Nigeria Travel Agencies (NANTA) has carpeted people she called mischief makers whom she said are peddling rumours that could tarnish the image of the association and has vowed to confront them using all the legal means available to NANTA. Reacting to’ insidious and damaging narratives’ targeting NANTA members holding International Air Transport Association (IATA) licence under the Golite category as fraudulent trade operators, she warned the purveyors of…

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NANTA, IATA in talks to stave off showdown over lower fare inventories

Posted on by Wole Shadare
NANTA, IATA in talks to stave off showdown over lower fare inventories

There are indications that foreign airlines operating to Nigeria are considering releasing cheaper ticket inventories following the release of the airlines’ trapped funds by the Central Bank of Nigeria (CBN). A top official of the National Association Nigerian Travel Agency (NANTA) who disclosed this to Aviation Metric said the group has held a strategic meeting with the International Air Transport Association (IATA) with a view to the airlines opening their lower ticket inventory for passengers from Nigeria….

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NANTA blasts foreign carriers, gives Feb 2 ultimatum for lower fare inventories

Posted on by Wole Shadare
NANTA blasts foreign carriers, gives Feb 2 ultimatum for lower fare inventories

Threatens sustained media campaigns against operators   Following the release of all outstanding backlogs of $64.44 million in blocked airline funds by the Central Bank of Nigeria (CBN), the National Association of Nigerian Travel Agents (NANTA) has said that foreign airlines have no further reason and justification to restrict inventory in the Nigerian market. The national president of NANTA, Mrs. Susan Akporiaye in a statement on Wednesday said the group viewed further restriction of lower…

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Daisi Olotu: My vision for NANTA

Posted on by Wole Shadare
Daisi Olotu: My vision for NANTA

As the race to occupy the office of the National Association of Nigerian Travel Agency (NANTA) presidency hots up, a frontline candidate for the position and the Group Managing Director of Dees Travels and Tours Limited, Mr. Daisi Olotu has outlined his plan for the apex travel body. Olotu, while speaking with Aviation Metric said his vision is to take the association to a new level from where it is presently. He equally stated that…

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