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- International carriers that operate to different destinations in the country have called on the federal government to give them standard exchange rate for the repatriation of revenues earned from ticket sales or they would be forced to leave Nigeria.
- The Sales Manager of Emirates Airlines, Eghe Ekhator, issued the threat, why explaining the reasons why the airline decided to stop operations to the Federal Capital Territory (FCT) from October 22, 2016 during the on-going public hearing on how to revamp the aviation industry organized by the House Committee on Aviation.
- Ekhator explained that due to the flunctuating value of the naira, when they sell ticket in the local currency, by the time they will exchange it to the dollar, it would lose its value. He said that the airlines have decided that the only way they could continue to operate in Nigeria would be for government to peg the naira for the airlines.
- The House Committee Chairman on Aviation, Hon. Nkiruka Onyejeocha said the House was worried about the suspension of flights to Nigeria by foreign airlines and the number of domestic carriers that had gone under, noting that there are indications that more might stop operation.
- Onyejeocha however suggested that the government should introduce and implement policies that would enable airlines both foreign and local have profitable operation in Nigeria, noting that the foreign airlines are requesting for fixed rate of the naira for them so that they could exchange their money without losing any value.
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