The sale of tickets in dollar will soon commence on April 19 for Some of the foreign airlines flying into Nigeria.

This development follows the worsening shortage of foreign exchange in the country, coupled with the fact that foreign carriers’ unremitted ticket sale proceeds in Nigeria reportedly hit $283m (about N116.87bn) recently, The Punch reports.

Effective April 19, 2022, international airlines on APG Interline Electronic Ticketing Agreements GP code 275 would start issuing tickets in dollars.

The difficulty in repatriating airlines’ funds stuck in Nigeria and other countries, coupled with foreign exchange fluctuations is another issue to the group noted.

According to a travel advisory to its trade partners, titled, “APG IET: Restrictions of Sales in US Dollars”, APG said:

“Dear travel partners, warm greetings from APG. This is to bring to your notice that with effect from April 19, 2022, GP would only accept issuing of tickets in US dollars and not naira.

“This is mainly due to repatriation issues and the forex situation in the country. This would most likely be a temporary measure till the forex situation improves. Our sincere apologies for any inconveniences this may cause to you and your business. Thank you for understanding.”

Notable carriers on the APG IET platforms include South African Airways, South African Airways, Fly Dubai, Kenya Airways, Middle East Airlines, Royal Air Maroc, Rwanda Air, Thai Airways, Turkish Airlines, French Bee, Egypt Air, ASKY, Air Seychelles, Air Algerie, and Air Namibia.

Other carriers are Air Panama, Air Burkina, Avianca, Bangkok Airways, Cabo Verde Airlines, Fiji Airways, Hong Kong Airlines, and Malaysian Air amongst others.