IATA Commends Nigeria For Clearing 98% Of Foreign Airlines' $850Million Blocked Funds saharareporters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saharareporters.com Daily Mail and Mail on Sunday newspapers.
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The International Air Transport Association has confirmed that the Central Bank of Nigeria has cleared foreign airlines trapped funds worth $831m from June last year to date.
IATA reports a 28% drop in blocked airline funds, with Nigeria and Egypt making significant progress, but $1.8 billion remains stuck, urging urgent government action.