Spokesperson Airline Operators of Nigeria, Prof Obiora Okonkwo, argued on Wednesday that worldwide airways promote their tickets on the price of N700 or extra to the greenback but want to repatriate the cash for about N430 on the official Central Financial institution of Nigeria price.
Speakimg on the Morning Present, Okonkwo who can also be Chairman of United Nigeria Airways, additional harassed that it’s incorrect to say that the CBN trapped the funds of international airways and reiterated that it quantities to blackmail to border it that manner.
He identified that worldwide airways have the selection to repatriate cash from Nigeria by shopping for international alternate on the parallel market, since they worth their tickets utilizing those self same charges, however have chosen not to take action.
He additionally acknowledged that the ultimatum given by international airways to drag out of the Nigerian market is disrespectful to the Nigerian authorities and Nigerians typically, particularly as a result of the Nigerian route is profitable to those airways.
In gentle of this, he urged the international airways to “present love” and bear with Nigeria throughout these powerful instances of foreign exchange shortage.
Watch the interview for extra: https://youtu.be/gSTyX2zbOII
-Damiloju Oreofe