CBN orders foreign airlines to submit information on ticket sales for 12 years

The Central Bank of Nigeria (CBN) has requested all foreign airlines authorised dealers to submit information on tickets sold in the country in the last 12 years.

The Director, Trade and Exchange Department of CBN, Mr Batari Musa said this in a memo to the agents entitled: “Request for information on foreign airlines remittances for the period 1999 to 2011.”

According to him, the required information should cover between January 1999 and December 2011 and should be submitted to the department of the apex bank both in hard and soft copies on or before Thursday.



He urged all the foreign airlines agents to comply with the directive, warning that failure to do so would attract sanctions from the government.
Culled: 247nigerianewsupdate