A South African court has revoked oil giant Shell’s permit to explore for off-shore oil and gas in the Wild Coast area of the country. More details here ➡️
Getty ImagesImage caption: Emirates says the Nigerian government owes them $85m it made from ticket salesIts inability to repatriate money it was owed by the Nigerian authorities in US dollars is behind the suspension.
The last Emirates flight left Lagos at 20:00 local time on Wednesday. The airline says affected passengers can make alternative travel arrangements or cancel their plans.It had earlier indicated it would stop flights from 1 September “to limit further losses and impact on our operation cost”.Flights will resume on 11 September following a step by the Nigerian authorities to release some of the money owed.
Last week, the Central Bank of Nigeria paid out $265m to airlines operating in the country to prevent a crisis in the aviation sector - it is not clear how much of that went to Emirates.British Airways has also reduced its flights over a failure to recover funds. America’s Delta Airlines has indicated that it will suspend flights from New York to Lagos from 4 October due to low demand.
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