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Nigeria Seeks Airline Discounts to Cut Government Travel Budget

Nigeria, reeling from the slump in oil prices, has asked domestic and international airlines for discounts as it seeks to cap travel expenses that are its biggest source of overhead costs, the Finance Ministry said.

A “conservative” 5 percent reduction on airfare tickets would save the West African government about 4 billion naira ($20 million) every year, the Abuja-based ministry said in an e-mailed statement on Tuesday. The savings could go toward capital investment, it said.