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Emirates Airlines suspended flight operations in Abuja last year over its inability to repatriate blocked funds, 25 Aug
...The UAE stopped issuing visas to Nigerians last year after Emirates Airlines suspended operations over an inability to repatriate some $85 million in revenue trapped in the country, resulting from forex restrictions. Earlier this year, the airline announced that a significant balance of its funds had been frozen in Africa's largest economy and had yet to be repatriated. The International Air Transport Association (IATA) said in March that Nigeria has withheld at least $743 million in revenue from international carriers operating in the country....
by Cat on Fri Aug 25th, 2023 at 08:49:16 PM EST
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