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FCCPC Probes Airline Ticket Pricing Amid Nigerian Outcry

Business1 min read
FCCPC Probes Airline Ticket Pricing Amid Nigerian Outcry

The Federal Competition and Consumer Protection Commission (FCCPC) is launching an investigation into alleged exploitative practices in the aviation sector, focusing on ticket pricing by domestic airlines. This move comes after widespread complaints of exorbitant fare hikes, with Air Peace even filing a court action to prevent FCCPC from reviewing its pricing mechanism.

The FCCPC emphasizes its independence and commitment to monitoring economic activities to prevent anti-competitive practices. The Senate and Aviation Minister have also expressed concerns over rising flight costs due to the deregulated nature of the aviation sector.

Plus234Feed summary based on reporting from Legit NG. Read the original report below.

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