N50,000 Airfares Hike by Nigeria’s Operators Potentially Dangerous – FCCPC

Dr. Babatunde Irukera, Executive Vice-Chairman/Chief Executive Officer of the Federal Competition and Consumer Protection Commission, FCCPC, unearths potential dangers, effects on customers for competitors in airlines business to conspire, agree, or arrange to coordinate in a manner that changes prices   Its been a little over a week that Nigeria was greeted by what appeared to be a rather bold statement by at least one member of the Airline Operators Association about a fare increase to a base N50,000 on all sectors of operation within Nigeria. An increase in fare…

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