Home Business NANTA renews war on dollar ticket sales, cross-border trading,
Business

NANTA renews war on dollar ticket sales, cross-border trading,

Share
Share


By Chinelo Obogo

The National Association of Nigerian Travel Agencies (NANTA) has said it would advocate for a better image for Nigeria’s on the global stage, even as it battles threats to the country’s travel trade including airlines that refuse to accept Naira payments, cross-border trade and misapplication of tax policies on its members.

Speaking at a press conference in Lagos to announce its 50th anniversary and Annual General Meeting (AGM) which will take place in Ibadan in April, NANTA’s President, Yinka Folami said the association intends to use its platform to correct damaging perceptions of Nigeria abroad, pointing to its past advocacy efforts at the World Travel Market (WTM) in London, the International Trafficking and Terrorism Conference in Tokyo, and engagements with the Turkish government on visa restrictions as evidence of its capacity to deliver on this promise.

He spoke about airlines that insist on selling tickets exclusively in U.S. dollars within the Nigerian market, describing the practice as an affront to the country’s currency and economic sovereignty. “I think it is a disrespect to the Naira to set up shop in Nigeria and say that the Naira will be completely excluded from that transaction. Give us an option to trade in our Naira. This is a market that is good, and this is a market that loves you,” he said.

He said that while some airlines’ Bilateral Air Service Agreements (BASA) may permit dollar-denominated sales as an alternative currency, Folami said there is a difference between offering dollar pricing as an option and excluding Naira altogether.

“Even if it is in the BASA, it is a document, it is a protected clause in the BASA. But let us also be able to trade in Naira. That is what we are saying,” he said.

A board member also spoke on what it describes as an unfair tax burden being placed on travel agents which comes from a misunderstanding of how the sector operates. “Today, to travel to London, you must have at least N1m to buy a ticket. If every travel agency in Lagos is selling around 30 tickets every day, that is N10m every day in turnover. When the tax authority comes to you and sees N10m, they bring the tax liability against that N10 million but that N10m is not our money,” he said.

He explained that the bulk of ticket revenues pass directly through travel agents to airlines, with agents earning little or no commission on many transactions. He said taxing gross ticket sales as though they represent agent income, he argued, is unfair. Folami also spoke on “airlines debit memos” charges imposed by airlines on agents, describing it as threats to member businesses.

NANTA then announced that its training committee has been upgraded into a fully registered professional body, the NANTA Training Institute for Travel Professionals Limited, and the organisation is reviewing its constitution to strengthen disciplinary mechanisms.

“We are dissociating ourselves completely from all forms of illegality and misconduct in the sector. The fraudsters are not us. Professionalism is not optional in our trade. You have to be professional, and you have to be accountable,”Folami said.

He then revealed the list of speakers for the AGM, including the Chairman of the Nigerian Diaspora Commission, a representative from the Presidential Committee on Fiscal Policy and Tax Reforms, global consultancy firm Deloitte and Touche, and the Kenyan High Commissioner to Nigeria. Some royal fathers and other dignitaries have confirmed their attendance.



Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Commissioner Denies Deputy Governor Ambition

The Chief Economic Adviser and Ogun State Commissioner for Finance, Dapo Okunbadejo,...

Tension mounts in Niger Delta over Eni divestment plan

From Chukwuma Umeorah Opposition is building among youths and stakeholders in the...

OAU students lament transportation challenges with new buses

Students of Obafemi Awolowo University, Ile Ife, Osun State, have decried long...

Nigeria seeks $31.5bn to fund development goals

L-R: Abam Iyang, Senior Associate, LBS Sustainability Centre; Director, ISSB, Dr. Ndidi...

news-1701

sabung ayam online

yakinjp

yakinjp

rtp yakinjp

slot thailand

yakinjp

yakinjp

yakin jp

yakinjp id

maujp

maujp

maujp

maujp

sabung ayam online

sabung ayam online

judi bola online

sabung ayam online

judi bola online

slot mahjong ways

slot mahjong

sabung ayam online

judi bola

live casino

sabung ayam online

judi bola

live casino

SGP Pools

slot mahjong

sabung ayam online

slot mahjong

SLOT THAILAND

teknik rtp mahjong ways

pola scatter hitam rtp

analisis rtp pg soft

strategi rtp mahjong ways2

validasi rtp kasino online

psikologi rtp mahjong ways

analisa grafik rtp pg soft

pola tempo scatter hitam

rtp mahjong ways koneksi

article 118880711

article 118880712

article 118880713

article 118880714

article 118880715

article 118880716

article 118880717

article 118880718

article 118880719

article 118880720

algoritma pg soft digital

transparansi rtp kasino

efisiensi modal mahjong ways

kecepatan server rtp scatter

statistik rtp mahjong ways

article 128000781

article 128000782

article 128000783

article 128000784

article 128000785

article 128000786

article 128000787

article 128000788

article 128000789

article 128000790

post 128000871

post 128000872

post 128000873

post 128000874

pola pg soft disiplin bermain

transparansi rtp mahjong ways

panduan rtp mahjong ways2

pola scatter hitam mingguan

fluktuasi rtp mahjong ways

strategi pola mahjong ways2

sistem pg soft mekanisme

pola distribusi kasino global

post 128000886

post 128000887

post 128000888

post 128000889

post 128000890

post 128000891

post 128000892

post 128000893

post 128000894

post 128000895

indikator rtp pg soft

pola visual server mahjong

rtp momentum scatter hitam

perbandingan rtp mahjong ways2

pola simbol pg soft

rtp pola layar mahjong

strategi modal scatter hitam

evaluasi rtp server kasino

pola riwayat mahjong ways2

post 138000896

post 138000897

post 138000898

post 138000899

post 138000900

post 138000901

post 138000902

post 138000903

post 138000904

post 138000905

monitoring rtp real time

statistik putaran pg soft

algoritma rtp pg soft

manajemen risiko kasino

metrik rtp mahjong ways

strategi scatter hitam adaptif

pola rekap mahjong ways

sinkronisasi rtp server

volatilitas mahjong ways

cuaca 228000466

cuaca 228000467

cuaca 228000468

cuaca 228000469

cuaca 228000470

cuaca 228000471

cuaca 228000472

cuaca 228000473

cuaca 228000474

cuaca 228000475

cuaca 228000476

cuaca 228000477

cuaca 228000478

cuaca 228000479

cuaca 228000480

cuaca 228000481

cuaca 228000482

cuaca 228000483

cuaca 228000484

cuaca 228000485

cuaca 228000486

cuaca 228000487

cuaca 228000488

cuaca 228000489

cuaca 228000490

cuaca 228000491

cuaca 228000492

cuaca 228000493

cuaca 228000494

cuaca 228000495

cuaca 228000496

cuaca 228000497

cuaca 228000498

cuaca 228000499

cuaca 228000500

cuaca 228000501

cuaca 228000502

cuaca 228000503

cuaca 228000504

cuaca 228000505

cuaca 228000506

cuaca 228000507

cuaca 228000508

cuaca 228000509

cuaca 228000510

cuaca 228000551

cuaca 228000552

cuaca 228000553

cuaca 228000554

cuaca 228000555

cuaca 228000556

cuaca 228000557

cuaca 228000558

cuaca 228000559

cuaca 228000560

cuaca 228000561

cuaca 228000562

cuaca 228000563

cuaca 228000564

cuaca 228000565

cuaca 228000566

cuaca 228000567

cuaca 228000568

cuaca 228000569

cuaca 228000570

cuaca 228000571

cuaca 228000572

cuaca 228000573

cuaca 228000574

cuaca 228000575

cuaca 228000576

cuaca 228000577

cuaca 228000578

cuaca 228000579

cuaca 228000580

cuaca 228000581

cuaca 228000582

cuaca 228000583

cuaca 228000584

cuaca 228000585

cuaca 228000586

cuaca 228000587

cuaca 228000588

cuaca 228000589

cuaca 228000590

prediksi scatter hitam

algoritma rtp mahjong ways2

logika pola pg soft

analisa rtp kasino modern

optimasi scatter riwayat putaran

article 228000466

article 228000467

article 228000468

article 228000469

article 228000470

article 228000471

article 228000472

article 228000473

article 228000474

article 228000475

konsistensi scatter statistik

pola sesi mahjong ways

scatter hitam sinkronisasi server

prosedur pola pg soft

distribusi scatter acak

respon mesin mahjong ways

keamanan data rtp kasino

post 238000571

post 238000572

post 238000573

post 238000574

post 238000575

post 238000576

post 238000577

post 238000578

post 238000579

post 238000580

strategi rtp mahjong ways visual

analisis pola scatter hitam

dinamika rtp pgsoft server

pencatatan pola sesi rtp

stabilitas rtp mahjong ways2

algoritma scatter independen

fluktuasi rtp realtime mahjong

pola duduk berdasarkan rtp

pergerakan rtp pola simbol

strategi jeda scatter hitam

akurasi rtp pgsoft global

rekap data rtp pola main

perbandingan rtp game mahjong

perubahan algoritma rtp server

rtp dan kemunculan scatter

disiplin pola rtp mahjong2

fenomena rtp scatter hitam

strategi taruhan berdasarkan rtp

mekanik mesin pgsoft rtp

panduan analisis rtp mahjong

info 328000501

info 328000502

info 328000503

info 328000504

info 328000505

info 328000506

info 328000507

info 328000508

info 328000509

info 328000510

info 328000511

info 328000512

info 328000513

info 328000514

info 328000515

info 328000516

info 328000517

info 328000518

info 328000519

info 328000520

info 328000521

info 328000522

info 328000523

info 328000524

info 328000525

berita 428000001

berita 428000602

berita 428001203

berita 428001804

berita 428002405

berita 428003006

berita 428003607

berita 428004208

berita 428004809

berita 428005410

berita 428006011

berita 428006612

berita 428007213

berita 428007814

berita 428008415

berita 428009016

berita 428009617

berita 428010218

berita 428010819

berita 428011420

analisis rtp 428011421

manajemen modal 428011422

variabel rtp live 428011423

algoritma kasino 428011424

efisiensi rtp 428011425

distribusi scatter 428011426

respon rtp 428011427

volatilitas livecasino 428011428

data rtp sweetbonanza 428011429

algoritma scatter 428011430

metrik rtp 428011431

interface server 428011432

fluktuasi rtp 428011433

log historis 428011434

komparatif rtp 428011435

news-1701