‘FX Pressure Threatens Travel Agents’ Ability to Compete Globally’

Kasim Sumaina in Abuja

The Managing Director, Finchglow Travels Limited, Ezekiel Ikotu, has hinted that the ability of Nigerian travel agents to compete globally, is been threatened by foreign exchange pressures.

He stated this weekend at the PartnerPlus Connect (PPC) event in Abuja, where industry stakeholders discussed emerging challenges and opportunities in Nigeria’s travel and tourism sector.

He lamented that travel agents in Nigeria face significant challenges, including staffing shortages, knowledge gaps, particularly in digital know-how, and limited access to funds.

Ikotu, speaking on the sidelines of the event emphasised that many agents lack International Air Transport Association (IATA) accreditation, which restricts their access to critical industry information.

According to him, “As a consolidator, our goal is to educate our customers, equip them with the right knowledge, and make them global players. “PartnerPlus Connect aims to bridge the knowledge gap and empower travel professionals with timely industry information, technology insights, and global best practices.”

Similar speaking, the Manager, B2B at Finchglow Travels Limited, Abiola Bakare, emphasised the need for sustained government engagement to address regulatory inconsistencies and promote local capacity, such as Maintenance, Repair and Overhaul (MRO) facilities, to reduce capital flight.