FCCPC Speaks on Investigating Air Peace Over Alleged Exploitative Ticket Pricing
- FCCPC said it is still looking into allegations of exorbitant ticket prices made by Air Peace and other businesses
- The investigation began on December 3 under the direction of Ondaje Ijagwu, the commission's director of corporate affairs
- The development occurred after media reports earlier referenced the commission's declaration that FG was not investigating Air Peace
Legit.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.
The Federal Competition and Consumer Protection Commission (FCCPC) has announced that it is actively investigating allegations of unfair ticket pricing by Air Peace and other companies.
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According to a statement by Ondaje Ijagwu, the commission's director of corporate affairs in Abuja, the investigation started on December 3.
Ijagwu said this in response to media reports citing the commission's statement that the federal government was not investigating Air Peace, The Guardian reported.
He clarified that Air Peace is one of the organisations being contacted to address claims of unfair ticket pricing, such as large price increases for reservations made in advance on particular domestic routes.
Ijagwu claimed that these investigations, which are being carried out in accordance with the FCCPAct (FCCPA) 2018, aim to address poor service performance, unfair business practices, and possible violations of consumer rights.
According to Ijagwu, the investigation aimed to safeguard consumer interests, increase openness, and guarantee adherence to legal requirements.
“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.
According to him, the committee is now reviewing the information and responses that Air Peace and other organisations being investigated have submitted.
The director promised to make the right decisions and take the required steps to resolve any infractions found.
”We urge the public to rely solely on verified communications from the FCCPC,” he said.
Air Peace reportedly increases Lagos-Abuja one-way ticket
Legit.ng earlier reported that a one-way ticket on Air Peace from Lagos to Abuja would cost N200,000 starting on November 1, 2024.
According to experts, the difficult economic climate is severely impacting the airline business, leading to fare increases by carriers in the face of passenger protests.
The development has compelled some Nigerians to select alternate modes of transportation, favouring vehicle travel.
Proofreading by James, Ojo Adakole, journalist and copy editor at Legit.ng.
Source: Legit.ng
