Foreign airlines ditch naira, start ticket sales in U.S. dollars
Some foreign airlines operating in Nigeria have announced that they will commence sales of flight tickets in U.S. dollars from April 19, 2022.
Making this announcement in an advisory to its travel partners, APG, the world’s largest passenger and cargo general sales agent, disclosed that the new policy will most likely be a temporary measure till the country’s forex situation improves.
The new regulation, according to APG, is the result of the difficulty in repatriating airline funds stuck in Nigeria and other countries, as well as foreign exchange fluctuations.
“Dear travel partners, warm greetings from APG. This is to bring to your notice that with effect from April 19, 2022, GP would only accept issuing of tickets in US dollars and not naira,” the advisory reads.
“This is mainly due to repatriation issues and the forex situation in the country. This would most likely be a temporary measure till the forex situation improves,” it added.
Airlines that use the APG Interline Electronic Ticketing (IET) GP code 275 will be affected by the new policy.
South Africa Airways, Turkish Airlines, Asky Airlines, Egypt Air, Royal Air Maroc, Middle East Airlines, Rwanda Air, and Kenya Airways are among the airlines that fly directly into Nigeria under the APG IET platform.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Faith
FCC builds couples’ confidence in maternal health in Kaduna
The Faith and Cultural Champions project has equipped couples in six council areas of Kaduna with communication skills to promote open dialogue and joint decision-making.
States
Court jails three drug offenders in Enugu
Three first-time drug offenders were sentenced to eight months’ imprisonment each after they pleaded guilty to separate charges of unlawful possession of illicit drugs.
Africa
20 children killed in school bus crash in Uganda
A school bus carrying pupils veered off the road in eastern Uganda on Thursday, killing 20 schoolchildren and a teacher in Kapchorwa district.
Diaspora
Beyond Nollywood: List of Nigerian actors who light up Hollywood
Nigerian actors and actresses, whether born in the diaspora or raised abroad, have become household names in Hollywood.
Anti-Corruption
How Nigerians Anthony Ikenwe, Kevin Nwamma pulled off multimillion-pound crypto heist in UK, end in jail
Messrs Ikenwe, Nwamma and one other crook were living lavish lifestyles, buying cars, designer clothes, and Rolexes, and going on numerous luxury holidays.
Education
UNICEF praises Nigerian government for rescuing kidnapped Oriire schoolchildren
UNICEF has commended the Nigerian government for rescuing 39 abducted schoolchildren and five teachers in Oyo state.
