The Nigeria Civil Aviation Authority (NCAA) has issued a strong warning to all international airlines operating in Nigeria to comply with currency declaration requirements or face sanctions.
The warning was contained in a letter signed by director of public affairs and consumer protection at NCAA, Michael Achimugu emphasising the need for full enforcement, particularly regarding inbound passengers.
Titled “Reminder—Compliance with Currency Declaration Directive,” the notice referred to an earlier directive (NCAA/CPD/ABV/298, dated 24 April 2025) mandating airlines to ensure that passengers are informed about legal currency declaration obligations.
In line with Nigeria’s efforts to bolster its Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) framework and comply with global financial standards, the NCAA reminded airlines of the following:
“Airlines must make in-flight or pre-landing announcements advising passengers to declare any currency or Bearer Negotiable Instruments (BNI) exceeding $10,000 or its equivalent upon arrival.
“Airlines are required to distribute currency declaration forms to passengers before landing.”
The authority noted that reports have surfaced indicating non-compliance by some airlines, a situation it described as unacceptable.
It stressed that the cooperation of all international carriers is critical in maintaining Nigeria’s alignment with international financial protocols. The NCAA further stated that implementation of this directive is not optional and would be closely monitored.
Airlines found to be in violation will face appropriate sanctions, the Authority warned, urging all operators to act swiftly to avoid penalties.
