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.”
Sport
Union lauds NFF for beach soccer board appointment
The West African Beach Soccer Union has commended the Nigeria Football Federation for appointing an interim board to organise the beach soccer and Futsal leagues in Nigeria.
Economy
China assures full implementation of China-Africa cooperation
Shuai Guipeng, the deputy director of the FOCAC Office at China’s foreign affairs ministry, gave the assurance on Monday in an interview in Beijing.
Education
Stakeholders seek stronger support for inclusive maths education
Stakeholders have called for sustained investment in teacher training and accessible learning resources to improve mathematics education.
Lagos
Latest Lagos Flooding: Ibeju-Lekki LG chairman tours affected areas, promises intervention
The tour assessed the extent of the damage following devastating flooding caused by persistent rainfall, which rendered residents homeless and destroyed valuable possessions.
Opinion
Some foundational arguments on state police
This historical inheritance also explains why the regional police of the First Republic became vulnerable to political manipulation.
States
Police launch manhunt for driver, conductor over attempted murder of officers
The police command in Enugu has launched a manhunt for a bus driver and his conductor for the attempted murder of officers and the snatching of a rifle.
