Aeroland Travels Limited CEO Segun Adewale has urged President Muhammadu Buhari’s regime to release the $600 million revenues of foreign airlines operating in Nigeria.

“With the increase in dollar rate leading to rise in flight ticket prices, especially en route America and Dubai, which is now over a million naira, the environment is getting hostile for businesses to thrive,’’ he stated. Mr Adewale, ex-vice-chairman of the National Association of Nigerian Travel Agencies (NANTA), said this in a statement on Saturday.

Emirates Airlines on Thursday announced the suspension of its flight operations in Nigeria from September 1 over its inability to repatriate its funds from the country.

Source: Peoples Gazette