Flight tickets : no more foreign currency, NCAA warns airlines

The Nigerian Civil Aviation Authority (NCAA) has warned airlines selling flight tickets in foreign currencies in Nigeria to immediately stop such practice.

The statement issued by its Acting General Manager, Public Relations, Mr Sam Adurogboye, in Lagos on Sundany, disclosed the stern warning.

“The CBN, via a circular issued on April 17,2015, has directed that “pricing of any product shall continue to be in naira only and it is illegal to price or denominate the cost of any product or service (visible or invisible) in any foreign currency.

“The NCAA is disturbed by reports that some foreign airlines are declining to accept Nigeria’s local currency – the naira – as payment for tickets.

“In other words, some foreign airlines have blatantly resorted to selling tickets only in foreign currency.

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“As a consequence of this action, the regulatory authority has written warning letters to such erring airlines to immediately comply with the provisions of BASA and CBN directive.

“Sales of tickets and services should henceforth be offered to air travellers in naira without further delay,” it said.

The statement further  added that the Federal Government had taken measures to ameliorate the subsisting foreign exchange issues.

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