UAE rejects all visa applications from Nigeria, refuses to refund application fee

During a meeting with the Speaker of the House of Representatives, Hon. Foreign airline operator Femi Gbajabiamila has accused the federal government of blocking the repatriation of more than $700 million from ticket sales.

In an interactive session on Monday, Samson Fatokun, speaking on behalf of foreign airlines, said governments must comply with international laws and treaties that govern the aviation industry.

He noted that under BASA principles, the Nigerian government is obliged to support airlines in repatriating funds in US dollars.

“As of today, after the CBN intervention on August 29, we have about $700 million in frozen funds. This is astronomical, the highest in the world.

No country in the world has so many funds frozen. Nigeria accounts for 32% of the world’s trapped funds. ” He says.

king of investors It recalled that Emirates had planned to cease operations in Nigeria, trapping more than $85 million in funds until the Central Bank of Nigeria intervened.

same, International Air Transport Association The International Air Transport Association (IATA) has criticized the Nigerian government for failing to allow international airlines to repatriate their profits, warning that this could do more damage to the country.

In a statement on its official Twitter account, the International Air Transport Association said it was “disappointed” that the Nigerian government had not heeded its warnings to allow the timely repatriation of funds.

Meanwhile, participating local operators disagreed with their foreign counterparts.

Airpeace CEO Allen Onyema said on behalf of local operators that local operators are more patriotic and they can behave better if given the chance.

He noted that some countries, such as the United Kingdom and the United Arab Emirates, have not responded to bilateral agreements in the aviation sector.

Furthermore, Obiora Okonkwo, founder of Nigerian United Airlines, pointed out that foreign airlines should use the importer and exporter I&E window to obtain dollars instead of waiting for the CBN to give them dollars.