• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, September 10, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Travel Agents Decry Foreign Airlines’ Ticket Sale In Dollars

Yusuf Babalola by Yusuf Babalola
5 months ago
in Business
NANTA
Share on WhatsAppShare on FacebookShare on XTelegram

The National Association of Nigerian Travel Agencies (NANTA) has expressed strong displeasure over the growing practice by foreign airlines to sell air tickets exclusively in United States dollars, describing the trend as disrespectful to Nigeria’s legal tender and harmful to the local travel industry.

Speaking with journalists, NANTA President, Yinka Folami, condemned the exclusion of the naira from international travel transactions, insisting that it violates the spirit of Nigeria’s monetary regulations and places undue burden on local travellers.

Folami noted that while Bilateral Air Service Agreements (BASA) provide frameworks for international airline operations, they were never intended to justify the outright rejection of the naira in ticket sales.

According to him, the insistence on dollar-denominated transactions has created significant barriers for Nigerian travellers, weakened the domestic financial system, and heightened tensions between global carriers and local stakeholders.

“It is disrespectful when you exclude the naira from transactions. What we are complaining about are those airlines that insist on selling tickets only in U.S. dollars. It is wrong,” he said.

He further lamented that the situation is compounded by tightening visa restrictions, rising airline debit memos, and declining cross-border trade, all of which are threatening the survival of travel agencies and allied businesses.

Folami also raised concerns over what he described as anti-competitive practices, misinterpretation of tax policies, and their adverse impact on NANTA members, warning that these challenges could erode confidence in Nigeria’s travel ecosystem.

Despite these concerns, the NANTA president stressed that the association is committed to restoring professionalism and improving the global perception of Nigeria’s travel industry.

“We are not fraudsters. We are stepping forward as unofficial diplomats of Nigeria. We will use our platform to correct negative narratives and restore confidence,” he said.

He disclosed that NANTA is strengthening internal structures by fully dissociating from illegal practices and elevating professional standards through the establishment of a registered training institute for travel professionals.

RELATED NEWS

Nigerian Stocks Sustain Decline, Loss N1.67trn

TotalEnergies, NNPC Boost STEM Education In Abuja School With New Lab Centre

Non-utilisation: Flare Gas Awardees Risk Losing Permits — NUPRC

According to him, the move is aimed at promoting discipline, enhancing capacity, and ensuring that practitioners in the sector operate with global best practices.

“The best way to protect our members and the industry is to raise standards and enforce professionalism.

While we play our part, we call on the government to deploy effective regulations to protect our market, travellers, and small businesses,” Folami added.

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works

Yusuf Babalola

Yusuf Babalola

Yusuf Babalola is a Senior Correspondent with Leadership Newspaper, specialising in maritime, aviation, transport, and economic reporting in Nigeria. He is recognised for well-researched stories that illuminate policy developments, industry challenges, and stakeholder perspectives across Nigeria's logistics, shipping, and aviation sectors. His reporting is noted for its clarity, balance, and commitment to professional journalistic standards.

OTHER NEWS UPDATES

Nigerian Exchange Engages FTSE Russell, Investors Over Nigeria’s T+1 Settlement, Market Reclassification
Business

Nigerian Stocks Sustain Decline, Loss N1.67trn

4 hours ago
TotalEnergies, NNPC Boost STEM Education In Abuja School With New Lab Centre
Business

TotalEnergies, NNPC Boost STEM Education In Abuja School With New Lab Centre

5 hours ago
Non-utilisation: Flare Gas Awardees Risk Losing Permits — NUPRC
Business

Non-utilisation: Flare Gas Awardees Risk Losing Permits — NUPRC

8 hours ago
Next Post
Wale Edun

Edun Urges Mobilisation Of Domestic Capital To Drive Growth, Reduce Poverty

Advertisement

LATEST UPDATE

49.70kg Heroin: NDLEA Arrests Fugitive Drug Kingpin After 2 Years

29 minutes ago

Sachet Alcohol Is A Monster Destroying Our Children’s Future — NAFDAC DG

34 minutes ago

Ebola Outbreak: WHO Seeks 5,000 More Health Workers In DR Congo  

42 minutes ago

AfroBasket Triumph: Tinubu Redeems Cash Pledge To D’Tigress

1 hour ago

Akwa Ibom Court Orders Eno Government To Pay N1.5bn For 49-Year-Old School Takeover

1 hour ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.