Thursday, April 20, 2023

Video - International airlines struggle to repatriate $800 million from Nigeria



The International Air Transport Association says the amount of trapped funds belonging to foreign airlines operating in Nigeria to repatriate is close to 800 million U.S. dollars. Nigeria is facing a severe shortage of foreign currency, and the issue makes it difficult for airlines to convert local currency to repatriate revenues earned from ticket sales.

CGTN

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