NANTA records N565b Ticket Sales in 2018, set for AGM In Lagos

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L-R: Mr. Daisi Olotu, the president of NANTA, Mr. Bernard Bankole  and the chairperson of the 2019 AGM committee, Mrs Susan Akporaye at the 2019 AGM  press briefing IN Lagos on Tuesday, March 19

The National Association of Nigerian Travel Agencies, NANTA recorded N565 billion in ticket sales in 2018.

This was disclosed by the president of NANTA, Mr Bankole Bernard on Tuesday in Lagos during the press briefing for its 2019 Annual General Meeting (AGM) slated for the 27 of March at the Muson Centre in Lagos.

Bankole said the body in 2017 recorded $1.7 billion in Ticket Sales. 

Bankole who flanked by the financial secretary of the association, Mr. Daisi Olotu and the chairperson of the 2019 AGM committee, Susan Akporaye stressed the need for the agencies in the aviation industry to always harmonise their figures so that data coming from the various agencies will not be conflicting.

He said this amount is just for ticket sales which may not mean that everybody that bought ticket travelled, adding that 10 percent of that figure might have bought the ticket without travelling.

He said NANTA decided to host this year’s event in Lagos in order to create awareness among the general public of what the association stands for and who their members are.

Bernard said NANTA is still pursuing the Nigeria Travel Practitioners Identity Card to eliminate fraudsters from the industry.

He added that NANTA will continue in its strive to rid the industry of fraudsters until it is left with only genuine practitioners.

He put the level of compliance of the ID card between 20 -30 percent.

NANTA president pointed out that the body will continue to ensure the promotion of policies that will protect indigenous operators   from exploitation from outside the country. 

According to him, NANTA is working with the Nigerian Civil Aviation Authority (NCAA) to ensure that the industry is not over exploited from outside.

Speaking also, Daisi Olotu stressed that there is need to protect the industry from exploitation.

He said this is why NANTA is calling for a local Content Act to protect the travel agents from those operating from outside the country.

Olotu explained that somebody can sit in London and be selling tickets in Nigeria at cheaper rates, without paying taxes and VAT to government and not employing Nigerians, thereby exploiting the industry from outside.

Mr. Daisi Olotu, the president of NANTA, Bernard Bankole, the chairperson of the 2019 AGM committee, Susan Akporaye and Mr Frank Meke, media consultant at the 2019 AGM press briefing in Lagos on Tuesday, March 19

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