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Forex crisis: Emirates Airline to suspend flight operations to Abuja, threaten to leave Nigeria entirely


Emirates Airline has said it is cutting flight operations to the Nnamdi Azikiwe International Airport, Abuja effective October 22nd as part of its restructuring and loss saving effort.

Emirates has formally written the Minister of State, Aviation, Sen. Hadi Sirika over its intention to stop flight operations into Abuja following the airline's inability to buy forex and remit its sales..


Confirming the report, Premium Times said that the President of the airline Tim Clark announced that it could reduce the frequency of its flights to African cities or cut routes completely if current economic and financial challenges continued.
"In certain African countries, the currencies have really gone down, so we 're reflecting on a matter of these to look at where it's just not worth us to travel," Clark said at an International Transport Association event held in Dubai on Tuesday.
"Emirates has huge money in naira at the banks. It cannot repatriate its sales because it cannot buy dollars. This is having negative effect on their operations," the source said.

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THE MAN PETER MBAH

Peter Mbah was born on the 17th, March 1972
He started his primary education in 1978. He attended the Army Children School, Bori Camp, Port Harcourt where he obtained his 1st School Leaving Certificate in 1984. In the same year, he proceeded to Owode High School, Owode Egba, Ogun State and in 1990, he graduated with a Senior Secondary Certificate in Education (SSCE) (O’Levels).
An adventurous Mbah obtained a Certificate in German as Foreign Language from the VolkHoch Schule, Recklinghausen, Germany in 1992. Between 1997 and year 2000, he attended the University of East London, United Kingdom where he graduated as a lawyer (.L.L.B (Hons)) with a Second Class Upper Division. While at the School, Mbah was an outstanding President of the Student Law Society (1998-1999). During his tenure, the association won the Students Union’s prize and certificate of achievement for the “Most Productive Society of the Year”.