, Godwin Emefiele, says the bank will release $120 million to settle outstanding trapped funds of international airlines operating in the country.
He accused some countries like the United Arab Emirates of threatening Nigeria with visa ban and suspension of flight operations. “How then can they go about and begin to say that they have not received money? This is an extra allocation. This is something I have told you that we will continue to do, so that you will not blackmail the country. $120 million will be due on the 31 of October,” he said.
“When you allow Nigerian airlines to fly in your country, what the airlines will do is to charge Naira as we expect foreign airlines to charge.
Why were they trapped in the first place ?
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