Tickets

‘CBN’s lack of monitoring emboldens foreign carriers to sell tickets in dollars’

Posted on by Wole Shadare
‘CBN’s lack of monitoring emboldens foreign carriers to sell tickets in dollars’

Nigerians divided over dollar tickets as Naira stabilises Cross-border trading, crime against economy-NANTA President   Foreign airlines have returned to their old ways as passengers are groaning over the insistence by some airlines to charge ticket fees in dollars rather than in the local currency, the naira. It is the long-standing policy of the Central Bank of Nigeria (CBN) that the naira is the legal tender in Nigeria, making it illegal to refuse it for…

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Bridging fare gap, stemming exploitation

Posted on by Wole Shadare
Bridging fare gap, stemming exploitation

The unblocking of lower fare inventories by foreign airlines has elicited joy among travellers as the stability or volatility of the naira will now go a long way to determining appropriate pricing and eliminating exploitation, WOLE SHADARE writes Front burner Airfare increase on Nigerian routes has been on the front burner for more than two years. Fare disparity, however, took a different dimension when many of these foreign carriers capitalised on our indiscretion to keep…

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