There are strong indications that about 300,000 Nigerians might lose their jobs if foreign airlines stop operation in the country.
National Association of Nigeria Travel Agencies (NANTA) recently expressed fear over the N118, 200,000,000 ($591 million) foreign airlines money trapped in Nigerian banks.
NANTA said: “If the foreign airlines stop flying into Nigeria; no fewer than 300,000 jobs will be affected in the aviation sector, both upstream and down stream.”
Speaking at a media briefing held at the NANTA House in Lagos, president […]
It was gathered that the National Union of Air Transport Employees has alleged that foreign airlines plan to sack about 2,000 Nigerian workers.
NUATE said the airlines premised this on their inability to transfer their earnings to their respective home countries to meet operational costs because of the new Central Bank of Nigeria policy on forex and fund transfer.
In a letter addressed to the Minister of State for Aviation, Senator Hadi Sirika, the Acting General Secretary of NUATE, Comrade Olayinka Abioye, […]