Foreign airlines are battling to retrieve about $600 million belonging to them, which is trapped in the Central Bank of Nigeria The $600 million makes Nigeria the most indebted country to foreign airlines in the world, according to data A recent report says that the Central Bank of Nigeria could not release the funds due to the current scarcity of forex.
Nigeria may lose the patronage of foreign airlines as it becomes the worst indebted country to foreign airlines globally. The raging controversy over funds trapped in the country may snowball into a stalemate as $600 million trapped in the vaults of the Central Bank of Nigeria has become the highest owed by any country in the world.
Source: Facebook
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