One Year After Suspension, Emirate Airlines Set to Return to Nigeria, Compete With Air Peace, Others

One Year After Suspension, Emirate Airlines Set to Return to Nigeria, Compete With Air Peace, Others

  • Nigeria's Aviation minister said there's an ongoing conversation between the FG and Emirate Airlines on resumption
  • The minister disclosed that the UAE-owned airline will soon resume flights to Nigeria
  • The airline had earlier suspended operations in November last year over its inability to repatriate funds

Legit.ng journalist Zainab Iwayemi has over three years of experience covering the Economy, Technology, and Capital Market.

Nigeria's Minister of Aviation and Aerospace Development, Festus Keyamo, has hinted that Emirates Airlines will soon resume flights in Nigeria.

He disclosed this on his X handle on Sunday, November 19, 2023.

Emirate Airlines Set to Return to Nigeria, Compete Air Peace, Others
Festus Keyamo disclosed the new information upon meeting with the leadership of the airline. Photo Credit: Festus Keyamo
Source: Twitter

Exact resumption date is to be communicated soon

The minister said upon meeting with the airline's leadership, details are already in place, and the exact date will be communicated soon.

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He wrote:

On the sidelines of the Dubai Airshow in Dubai last week, I met with the top echelon of Emirates Airlines and we continued very warm and fruitful discussions towards the resumption of flights from Dubai to Nigeria, an effort which was championed by President Bola Ahmed Tinubu
We are presently working on the small details and the airline will soon announce the exact date of their resumption of the flights.

In November last year, Emirates suspended operations in Nigeria over the country's indebtedness to foreign airlines, which was over $600 million at the time.

Legit.ng reported that the airline would not resume operations in Nigeria unless the country returned its trapped funds.

Meanwhile, President Bola Ahmed Tinubu has recently weighed into the diplomatic issues with the United Arab Emirates (UAE).

The president directed that issues affecting relations with the Emirates Airline and issuing visas to Nigerians should be "immediately" resolved, emphasizing that he stands prepared to "personally" intervene.

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Just in: Tinubu to depart Nigeria for G20 conference in Germany

Emirates, other foreign airlines speak on $700 million trapped in Nigeria, reveal next move

Foreign airlines have said that about 90% of their $783 million trapped funds in Nigeria remain unpaid, Legit.ng reported.

The airlines recently revealed this at a stakeholders' forum convened by the minister of aviation and aerospace development, Festus Keyamo, in Lagos.

Data from the International Air Transport Association (IATA) revealed that as of August 2023, Nigeria owes about $783 million of block funds belonging to airlines.

Source: Legit.ng

Authors:
Zainab Iwayemi avatar

Zainab Iwayemi (Business Editor) Zainab Iwayemi is a business journalist with over 5 years experience reporting activities in the stock market, tech, insurance, banking, and oil and gas sectors. She holds a Bachelor of Science (B.sc) degree in Sociology from the University of Ilorin, Kwara State. Before Legit.ng, she worked as a financial analyst at Nairametrics where she was rewarded for outstanding performance. She can be reached via zainab.iwayemi@corp.legit.ng