Travel agencies set to increase international travel ticket prices in Nigeria
Travel agencies are set to increase International travel ticket prices in Nigeria following a directive to adjust exchange rates from N420.86 to N460 effectively.
Nigeria’s official exchange rate at the Investors and Exporters window is currently N410/$1.
According to Nairametrics travel agencies in an email communication were advised that exchange rates will be “going from N420.86 to N460 per dollar on GDS” starting today, Tuesday, July 13th 2021. They were also advised to “issue all pending tickets” using the new rates.
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The GDS is an acronym for Global Distribution System and is the platform used by the travel industry for issuing tickets.