Nigeria Holding Back $450m Belonging To Foreign Airlines

Jun 22, 2022 · 57s
Nigeria Holding Back $450m Belonging To Foreign Airlines
Description

The International Air Transport Association says Nigeria is holding back about $450 million in revenue earned by foreign airlines operating in the country. Vice President for Africa and the Middle...

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The International Air Transport Association says Nigeria is holding back about $450 million in revenue earned by foreign airlines operating in the country.
Vice President for Africa and the Middle East, IATA, Kamil Al Awadhi says a financially viable air transport sector supports jobs and must be a driving force for Africa and the Middle East's economic recovery from COVID-19.
Al Awadhi says the consequences of reduced air connectivity include the erosion of that country’s competitiveness, diminished investor confidence and reputational harm caused by a perception that it is a high-risk place to do business.
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Author Africa Business Radio
Organization Africa Business Radio
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