Tag: Dana

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

ADEOLA YUSUF

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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FCCPC Probes Air Fares Hike by Arik, Dana, Azman, Ibom Air, Others

Dawood Rabiu

The Federal Competition and Consumer Protection Commission (FCCPC) has said the Commission has commenced an investigation to unravel the circumstances surrounding the “coordinated” hike in air fares by some domestic airline operators in the country. Many Nigerians, who decried the hike in the air fares, had called for the intervention of the FCCPC to reduce the sudden hike by domestic carriers in the country. However, the Executive Vice Chairman/Chief Executive of the FCCPC, Babatunde Irukera, has said that the Commission with the collaboration of the Nigerian Civil Aviation Authority (NCAA)…

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