The Nigerian government is set to put an end to the practice of foreign airlines selling tickets in dollars, according to the President of the National Association of Nigerian Travel Agencies, Yinka Folami. This move is aimed at addressing the pressure on the naira and foreign exchange, as well as promoting the country’s aviation industry.

Folami made this revelation during a cultural and tourism program in Lagos, where he described the sale of tickets in foreign currency as “a crime against the economy.” He emphasized that the government is taking steps to address the issue, which has been a major concern for travel agencies. The practice, which is against the rules, has been a challenge for the industry, but Folami expressed optimism that it will soon be a thing of the past.

The need for a strong Nigerian carrier to compete with foreign airlines has been a longstanding issue, and Folami highlighted the importance of supporting local airlines. He praised Air Peace, a Nigerian airline that has launched routes from Lagos and Abuja to London, and urged Nigerians to support the airline’s success and sustainability. This, he believes, is a patriotic responsibility, as a strong national carrier is essential for the country’s aviation industry to thrive.

The sale of tickets in foreign currency has been a major challenge for Nigeria’s economy, and the government’s move to end the practice is seen as a positive step. The aviation industry is a significant contributor to the country’s economy, and promoting local airlines is crucial for its growth and development. With the government’s support, the industry is expected to experience significant improvements, and Nigerians can look forward to more affordable and convenient travel options.

The development is also expected to have a positive impact on the country’s foreign exchange market, as it will reduce the demand for foreign currency. The move is part of the government’s efforts to promote economic growth and stability, and it is seen as a significant step towards achieving this goal. As the government continues to address the challenges facing the aviation industry, Nigerians can expect to see significant improvements in the sector, and the country’s economy is likely to benefit as a result.