Hardship: Nigerians cut spending on foreign travels by 30%

Hardship: Nigerians cut spending on foreign travels by 30%

•Passenger revenue declines in 2 consecutive years•Aviation experts cite Naira depreciation, inflation as major causes•Divided over outlook for 2025 By Babajide Komolafe, Economy Editor, Nkiru Nnorom & Dickson Omobola Against the backdrop of the spike in cost of living triggered by sharp depreciation of the Naira and severe inflationary pressures, Nigerians reduced spending on foreign […]

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