Emirates had already cancelled flights to Nigeria in August due to its inability to repatriate $85 million in earnings.Information Guide Nigeria
Why Emirates has suspended service in Nigeria: The airline had previously indicated that it will cease operations on October 29, 2022, due to the government’s refusal to make dollars available to international carriers so that they could repatriate their earnings.
The airline made the initial announcement during a recent meeting in the National Assembly between parliamentarians, the Minister of Aviation, and aviation stakeholders, including airlines and travel agents.
Thursday, November 3, 2022, in a statement, the airline claimed it had no choice but to cease flights to and from Nigeria in order to prevent future losses.
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Recall that the airline’s decision followed a failed intervention by the Central Bank of Nigeria to resolve the issue of trapped aviation cash less than three months after it had discontinued its flights to the country in August due to the inability to repatriate $85 million in revenue.
The statement read in part: “Emirates has continued to actively seek a solution for the repatriation of the remainder of its blocked funds in Nigeria. We were encouraged by the Central Bank of Nigeria’s efforts of reviewing our request, and considered that this critical issue would be swiftly resolved with the subsequent clearance of our remaining funds.
“Under these extraordinary circumstances, Emirates had no option but to suspend flights to/from Nigeria from October 29 2022 to mitigate against further losses moving forward”.JAMB Result
Emirates operated twice daily to Lagos and once daily to Abuja, recording a strong load factor on 21 flights each week.
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