The President of the National Association of Nigerian Travel Agencies, NANTA, Yinka Folami, has revealed that the Federal Government will soon end the sale of tickets in dollars by foreign airlines.
Folami stated this while speaking on a cultural and tourism programme in Lagos at the weekend, describing the cross-border trading in foreign currency as “a crime against the economy.”
“Those of us in the aviation space understand that until we have a strong Nigerian carrier to stand in the gap, these issues will persist. I am happy to inform Nigerians that the government is squarely addressing the issue of ticket sales in foreign currency, and that is the latest update on the matter,” Folami said.
He argued that the move by foreign airlines was against the rules, adding that it puts pressure on the naira and foreign exchange.
According to him, the challenges are now being addressed by the government following outcries by travel agencies over the menace.
He explained that there is no need to sell tickets in foreign currency again in Nigeria, describing the practice as an outdated system that will fade out in Nigeria’s aviation industry soon.
Folami further stated why a country should have its own airlines to operate in the market and called on Nigerians and urged them to support Air Peace, saying the airline took the bull by the horns by launching its London routes from Lagos and Abuja.
According to him, it is a patriotic responsibility for Nigerians to support and pray for the airline’s success and sustainability.
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