The Federal Competition and Consumer Protection Commission (FCCPC) has commended the National Association of Nigeria Travel Agencies (NANTA) for its contributions to the nation’s aviation sector growth and charged the leadership of the group to tap into emerging opportunities in the sector to improve the members’ earnings with the attendant positive implications for the travel […]
Tag: National Association of Nigeria Travel Agencies (NANTA)
FG Commences Trapped Funds Payment To Foreign Airlines – NANTA
The National Association of Nigeria Travel Agencies (NANTA) on Wednesday said that the Federal Government has started the payment of the trapped funds of foreign airlines to the carriers as part of its efforts to resolve the lingering crisis associated with the trapped funds in the country. The President of the association, Mrs. Susan Akporiaye, […]
Foreign Airlines Now Sell Air Tickets At N551/$1 FX Rate
Travel agencies in the country have raised serious concern about foreign carriers’ upward review of exchange rates of their air fares to N551/$1 from the N444/$1 issued by the Central Bank of Nigeria (CBN) to the carriers over the past three years. The agencies pointed out that the upward review of the air travel fare […]
NANTA Seeks FCCPC’s Intervention Over Foreign Airlines’ High Fares
The National Association of Nigeria Travel Agencies (NANTA) has approached the Federal Competition and Consumer Protection Commission (FCCPC) for immediate intervention in the lingering complaints over the high fares being charged by foreign carriers and the closing of lower inventories to travel agents by the airlines. The association’s President, Mrs. Susan Akporiaye, led a team […]
IATA, UBA Introduce Payment System For Airlines, Agencies
The International Air Transport Association (IATA) and the United Bank for Africa (UBA) Plc have announced their collaboration on a new financial settlement system for airlines and travel agencies. The new system, the New Generation of IATA Settlement Systems, is an improvement on the current billing settlement plan and a programme to deliver faster, safer […]