Emirates Airlines has suspended it flights operations to Nigeria. And blamed its inability to repatriate its revenue from the country.
The airline disclosed this in a statement issued by the Airlines Public Relations Manager, Rula Tadroson, on Thursday. The airline said it has communicated its position to the Federal Government and the Central Bank of Nigeria (CBN).
This was made public in its official statement broadcasts by Rula Tadroson , Emirates Airlines Public Relations Manager, on yesterday. The airline said it has made its position clear to the Federal Government and the Central Bank of Nigeria (CBN).
The statement read “Under these extraordinary circumstances, Emirates had no option but to suspend flights to/from Nigeria from 29 October 2022 to mitigate against further losses moving forward.”
“Without the timely repatriation of the funds and a mechanism in place to ensure that future repatriation of Emirates’ funds do not accumulate in any way, the backlog will continue to grow, and we simply cannot meet our operational costs nor maintain the commercial viability of our operations in Nigeria, ” they added.
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