The airline took the decision over blocked funds which have been increasing to almost $10 million a month.
Nigeria’s Aviation Minister Hadi Sirika said in a letter: “We have no choice but to take this action, to mitigate the continued losses Emirates is experiencing as a result of funds being blocked in Nigeria.”
An Emirates spokesperson said: “Emirates continues to encounter issues in repatriating funds out of Nigeria, which has begun to impact the commercial viability of our operations. We have been making every effort to find a solution to this issue through constructive and substantive dialogue with limited success, and welcome any support from the Nigerian government so we can move towards a positive outcome to avoid a reduction in our operations.”
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