As a result of dollar shortages in Nigeria, foreign airlines have stopped local agencies and firms from selling tickets to intending Nigerian travellers whose travel schedule originates or terminates in Nigeria.
In the air travel parlance, this is known as SOTO ticket which means Sold Out or Ticketed Out.
This move came as a result of the inability of International carriers to remit their ticket sales proceeds, estimated to be worth about $207 million in the last one year, due to exchange rate problems in Nigeria.
Majority of travellers are being forced to buy their tickets from travel agencies based overseas as many people, especially Nigerian Students abroad are preparing to come home for the Christmas holidays.
The Central Bank of Nigeria is rationing the sale of dollar to international airlines and other sectors of the economy as the country battles to meet dollar demands.
