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Nairaland Forum / Nairaland / General / Business / Nigerian Senate Urges CBN To Release Of Trapped Airlines’ Funds (224 Views)
$1.68bn Foreign Airlines’ Funds Trapped In Nigeria, Others – IATA / CBN To Release Old Naira Notes To Banks Over NLC Protest / Senate Asks CBN To Suspend ATM Card Maintenance Charges (2) (3) (4)
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Nigerian Senate Urges CBN To Release Of Trapped Airlines’ Funds by stephendinks: 4:01pm On May 19, 2023 |
The Nigerian Senate has called on the Central Bank of Nigeria (CBN) to release the sum of $717,478,606, which is currently trapped in the country and belongs to airlines. The Senate also urged the CBN to allocate $25 million to airlines operating in Nigeria through its dollar auction. These resolutions were reached following the consideration and adoption of a motion titled “Current Issues on Airlines Blocked Funds in Nigeria,” sponsored by........ https://ratecaptain.com/nigerian-senate-urges-cbn-to-release-of-trapped-airlines-funds/ |
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