Wednesday, September 14, 2016

Video - Foreign airlines flying into Nigeria start refuelling abroad

Foreign airlines flying to Nigeria have started to refuel abroad to counter a growing scarcity of hard currency and jet fuel. This is the second blow for airlines operating there, since the central bank has made it almost impossible to repatriate profits from ticket sales. The crash in the naira since its floating in June has compelled firms like Total, Sahara and ConocoPhillips, to double the retail price of fuel. Some carriers have had aircraft stranded, or were forced to cancel planned trips. Dubai-based Emirates has started a detour to Accra, Ghana, to refuel, Germany's Lufthansa is loading more fuel in Frankfurt, while British Airways, KLM and Turkish Airlines have resorted to smaller aircraft.

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