The President of the National Association of Nigerian Travel Agencies, Yinka Folami, has said that the Federal Government will stop foreign airlines from selling flight tickets in United States dollars.

Folami criticized the practice, describing dollar-denominated ticket sales as “an economic crime” against the country.

“Those of us in the aviation space understand that until we have a strong Nigerian carrier to stand in the gap, these issues will persist. I am happy to inform Nigerians that the government is squarely addressing the issue of ticket sales in foreign currency, and that is the latest update on the matter,” Folami said.

He noted that the practice breaches existing regulations and worsens pressure on the naira and the country’s foreign exchange market.

Speaking on a cultural and tourism programme in Lagos over the weekend, NANTA President Yinka Folami said there is no longer any justification for selling flight tickets in foreign currency in Nigeria, describing the practice as outdated and on its way out of the nation’s aviation industry.

He emphasized the importance of having strong local airlines to compete in the market and urged Nigerians to support Air Peace, commending the carrier for boldly launching its Lagos and Abuja–London routes. Folami called it a patriotic duty to back and pray for the airline’s success and sustainability.