From Ndubuisi Orji, Abuja
Arewa Consultation Youth Movement (ACYM) has protested against the United Arab Emirates (UAE) threat to impose a visa ban on Nigerians for entrapped funds from foreign airlines including Emirates Airline.
The group, in a statement by its chairman, Kabiru Yusuf, said on Friday that it was unfair for the UAE to threaten to impose a visa ban on Nigerians, when the Central Bank of Nigeria (CBN) is already looking into On the question.
He praised CBN Governor Godwin Emefiele for the apex bank’s efforts to support foreign airlines operating in the country. And called on the UAE to rescind its visa ban threat.
“We commend the CBN for its efforts to support foreign airlines. We note the statement credited to Central Bank Governor Godwin Emefiele that the UAE is threatening to ban visas due to airline funds being trapped in Nigeria.
“This despite the fact that the CBN released $110 million to foreign airlines in August and is expected to release another $120 million on October 31.
“The CBN Governor said Nigeria has over the years given priority to foreign airlines in allocating Fx adding that instead of supporting the country, some countries are threatening to ban Nigerians.
“We are of the view that the threat of a visa ban for the UAE is unfair. We have therefore called on the authorities of the United Arab Emirates to reverse the decision and allow peace to reign,” the group said. young people.