The Nigeria Civil Aviation Authority (NCAA), Tuesday reminded all international airlines operating inbound flights to Nigeria to strictly comply with the provisions of the directive concerning the currency declaration requirements for inbound passengers.
It, however, said that compliance would be closely monitored, and non-compliant airlines would face appropriate sanctions.
This, NCAA said, A statement issued by the Director, Public Affairs and Consumer Protection, Michael Achimugu, said it was in line with Nigeria’s ongoing efforts to strengthen its Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) framework.
He said: “Make inflight or pre-landing announcements informing passengers of their legal obligation to declare any currency or Bearer Negotiable Instruments (BNI) exceeding $10,000 USD or its equivalent upon arrival in Nigeria.”
Achimugu added that inbound international airlines should also distribute currency declaration forms onboard for passengers to complete before landing.
The NCAA hinted that it has received reports indicating that some airlines are yet to comply with this directive.
It added: “Please note that the cooperation of all international airlines operating in Nigeria is critical to supporting the country’s efforts to align with global financial standards.”
Accordingly, the Authority emphasised that full implementation of this directive—particularly as it concerns inbound passenger declarations—is of utmost importance.