ADVERTISEMENT

Investigation into Air Peace alleged exploitative ticket pricing ongoing — FCCP

News Express |5th Dec 2024 | 272
Investigation into Air Peace alleged exploitative ticket pricing ongoing — FCCP




By GINIKA OKOYE

The Federal Competition and Consumer Protection Commission (FCCPC) says its inquiry into allegations of exploitative ticket pricing by Air Peace and other entities is still ongoing.

A notice signed by Mr Ondaje Ijagwu, the Director, Corporate Affairs of the commission in Abuja on Thursday, said the inquiry commenced on Dec. 3.

Ijagwu was reacting to media reports which quoted the commission as saying that the Federal Government was not investigating Air Peace.

He said that Air Peace was one of the entities being engaged to address allegations of exploitative ticket pricing, including significant price hikes for advance bookings on specific domestic routes.

According to him, these inquiries, being conducted under the FCCP Act (FCCPA) 2018, are focused on addressing poor service delivery, exploitative practices, and potential consumer rights violations.

Ijagwu said that the investigation was aimed at ensuring compliance with regulatory standards, improving transparency, and protecting consumer interests.

“The referenced story, which seems syndicated and sponsored, did not emanate from the FCCPC. We advise the public to disregard it in its entirety.

“The FCCPC stands firmly by its official release dated Dec. 1, which announced inquiries into widespread consumer complaints in the banking, telecommunications, and aviation sectors.

“The FCCPC reaffirms that the inquiry into Air Peace commenced as scheduled on Dec. 3, and remains ongoing,” he said.

He said that the commission was currently reviewing information and responses provided by Air Peace and other entities under inquiry.

The director said that appropriate determinations would be made, and necessary actions taken to address any identified violations.

“We urge the public to rely solely on verified communications from the FCCPC,” he said. (NAN)

Comments

Post Comment

Sunday, September 14, 2025 1:50 AM
ADVERTISEMENT

Follow us on

GOCOP Accredited Member

GOCOP Accredited member
logo

NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.

Contact

Adetoun Close, Off College Road, Ogba, Ikeja, Lagos State.
+234(0)8098020976, 07013416146, 08066020976
info@newsexpressngr.com

Find us on

Facebook
Twitter

Copyright NewsExpress Nigeria 2025