Skip to content
August 19, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • Airfare profiteering by foreign airlines: NANTA seeks FCCPC’s intervention
  • Business & Economy

Airfare profiteering by foreign airlines: NANTA seeks FCCPC’s intervention

Admin March 3, 2023

March 3, 2023

The National Association of Nigeria Travel Agencies (NANTA) has called on the Federal Competition and Consumer Protection Commission ( FCCPC) to wade into the challenge of airfare profiteering in the aviation sector.

Mrs Susan Akporiaye, NANTA’s National President, made the call during a visit to the office of the FCCPC in Abuja on Thursday.

Akporiaye in a statement said it was high time the association sought guidance and next line of action over foreign airlines high fares and closing of lower inventories to travel agents across Nigeria.

According to her, this has affected the travel agents’ businesses in several ways as the airlines blame the hike in airfare on their trapped fund.

She said that the association was committed to protecting its members and their businesses from any form of exploitation and unfair practices from any quarter.

She explained that this had informed the visit to the FCCPC for guidance and solution-driven advice on the face off with foreign airlines over unfair airfare pricing in Nigeria.

Akporiaye further requested the FCCPC to assist NANTA and the Nigeria travelling public, with remedies to curb the unfair practices in the down stream aviation sector and how best to articulate its position going forward.

“We strongly view from our professional experience and knowledge of fare mechanism, that the reactions of foreign airlines on trapped funds is grossly unfair to the Nigerian travelling public and gravely threatens the survival of nanta members,” she said.

Responding, FCCPC Vice-Chairman, Babatunde Irukera, commended NANTA’s leadership for the trust and confidence in government structured competition and consumer protection ecosystem.

Irukera said that the commission would study the issues and engage necessary interventions which may include inviting parties and stakeholders involved.

“We at FCCPC welcome your request for guidance and will do our best to help determine possible steps to solve this problem which affects Nigerians.

“But, we will first put up an investigation team to determine what led to this impasse and possibly infractions against the travelling public,” he said.

Lawyers to NANTA, Dr Kemi Pinheiro (SAN) and a Partner in Pinheiro LP were at the meeting.

Members of the NANTA team at the meeting included Mr Chima Ihe, Second Deputy President, NANTA; Yinka Folami and Mrs Uloma Kabowanta, Vice Presidents, respectively, Lagos and Abuja zones of the association. (NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Chima Ihe Dr Kemi Pinheiro FCCPC Mrs Susan Akporiaye NANTA

Post navigation

Previous 1.5bn people live with hearing loss –  WHO
Next Acholonu congratulates Nigeria’s Pate over GAVI appointment, says it has given Nigeria, Africa global health science visibility

Related Stories

Beyond Oil: Delta to equip 1,000 youths to drive agricultural revolution Maize farm
  • Business & Economy

Beyond Oil: Delta to equip 1,000 youths to drive agricultural revolution

August 19, 2026
Statutory Revenue Jumps 17.8% as FAAC Distributes N3.007 Trillion to FG, States, LGs in July federal government
  • Business & Economy

Statutory Revenue Jumps 17.8% as FAAC Distributes N3.007 Trillion to FG, States, LGs in July

August 18, 2026
How the Lifting of U.S. Maritime Restrictions Re-energises Nigeria’s Blue Economy After 12 Years
  • Business & Economy

How the Lifting of U.S. Maritime Restrictions Re-energises Nigeria’s Blue Economy After 12 Years

August 18, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

South African envoy dismisses reports of visa restrictions on Nigerians
  • National News

South African envoy dismisses reports of visa restrictions on Nigerians

August 19, 2026
ICPC tracks 14 projects worth N431.8m in Sokoto ICPC
  • National News

ICPC tracks 14 projects worth N431.8m in Sokoto

August 19, 2026
Police Repels Bandit Attack, Rescue Kidnap Victims, Recover Weapons in Nationwide Offensive  Ekiti abductors
  • National News

Police Repels Bandit Attack, Rescue Kidnap Victims, Recover Weapons in Nationwide Offensive 

August 19, 2026
Alleged Criminal Conversion: EFCC Recovers N4.4bn Worth of AGO in Lagos Scammers
  • National News

Alleged Criminal Conversion: EFCC Recovers N4.4bn Worth of AGO in Lagos

August 19, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.