Emirates Airlines has announced the suspension of its flights from Nigeria with effect from September 1, 2022. The decision was due to the inability of the airline to repatriate its funds from Nigeria.

Recall that the airline had in a leaked letter to the Minister of Aviation, Senator Hadi Sirika, said it would reduce its frequencies in Nigeria from 11 to seven by mid August over its trapped $85m in Nigeria.

Reports say other airlines may also follow suit as blocked funds belonging to foreign airlines have hit over $600m which they are unable to repatriate as the Central Bank of Nigeria (CBN) could not meet airlines’ request for dollars.

Source: Daily Trust