Nigeria Owes Airlines $575 Million in Fares as Oil Crimps IncomeBy
Failure to honor debts could undermine hub status, IATA says
Government asks carriers to accept ‘realistic’ payment plan
Nigeria owes airlines more than half a billion dollars in outstanding air fares as the oil-price slump depletes reserves of the U.S. currency and prompts the government to limit the amount of money that can be moved abroad.
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