The National Association of Nigerian Travel Agents (NANTA), on Thursday, said payment of $19million trapped funds of foreign airlines is desirable to further stabilise fare pricing in Nigeria.
This was disclosed by the president of the NANTA, Yinka Folami, in a statement titled, ‘Trapped Funds: NANTA Commends Tinubu Administration, Prays For Stability In Fares Mechanism.’
The agents commended the Central Bank of Nigeria (CBN), for clearing 98 per cent of the trapped fund.
Folami, however, advised foreign airlines to reciprocate the government gesture by further lowering fares work collaboratively to stop the migration of Nigerian travel trade opportunities
“We sincerely urge the CBN to help clear the balance of 19 million dollars…
