• About
  • Advertise
  • Careers
  • Contact
Tuesday, August 18, 2026
  • Login
No Result
View All Result
NEWSLETTER
Reporters At Large
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
    • Insurance
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • AI Policy & Operational Guideline
    • Privacy
    • Disclaimer
    • Contact Us
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
    • Insurance
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • AI Policy & Operational Guideline
    • Privacy
    • Disclaimer
    • Contact Us
No Result
View All Result
Reporters At Large
No Result
View All Result
Home News

Reverse ‘Illegal’ Airfare Hike, Commission Orders Airlines

by ReportersAtLarge
March 3, 2022
in News, Featured
Reading Time: 2 mins read
0
Airlines airport runway - flight delays, cancellations
Share on WhatsappShare on FacebookShare on TwitterShare on Linkedin

The Federal Competition and Consumer Protection Commission (FCCPC) has ordered airline operators to immediately discontinue the current implementation of airfare increase pending the outcome of its investigation.

The Executive Vice Chairman of FCCPC, Babatunde Irukera, said this in a statement on Wednesday in Abuja.

ADVERTISEMENT

Mr Irukera said the interim order was in line with Sections 17(a),(e),(l),(s),18(3)(a), 157 and 158 of the FCCP Act.

Mr Irukera said the commission’s investigations revealed that airline operators in supposedly association meetings discussed multiple industry-wide issues; particularly challenges experienced by their members.

He said credible information revealed that while attendees at the meeting did not arrive at a consensus, the meeting ended in a resolution that encouraged or consented to the coordinated conduct.

RelatedPosts

APM Aspirants Honour Adebisi Olopoeyan On 65th Birthday

Trump Threatens To Bomb Oman Over Iran Transit Deal

Why I Renounced Christianity For Ifa: Former Pastor Speaks

According to him, the FCCPA prohibits conduct or any coordination between competitors including on the platform of trade associations.

”Specifically, Section 107 (1)(a) forbids competitors from fixing prices, while Section 108 prohibits any conspiracy, combination, agreement or arrangement between competitors in any manner that unduly restrains or injures competition.

”Coordination in increasing prices otherwise known as cartel is an unambiguous infringement of the FCCPA.

”The current and prevailing Nigerian Civil Aviation Regulations (Air Transport Economic Regulations) in Regulation 18.15.2 (i) and (iii) expressly prohibits airlines from engaging in any contract, arrangement, understanding, conspiracy or combination in restraint of competition.

”This includes directly or indirectly fixing a charge, fee, rate, fare or tariff and any collusive action.

”The commission in addition to engaging the relevant stakeholders is entering and dispatching interim orders under Sections 17(a),(e),(l),(s),18(3)(a), 157 and 158 of the FCCPA.

”Prohibiting the performance or continuation of any agreement or arrangement associated with, or resulting from discussions, deliberations, debates, argument or resolutions of/at any meeting.

”Regarding any increase in airfares and or any conduct not necessarily directly in compliance, but in response to changes in the market on account of compliance by others,” he said.

Mr Irukera enjoined scheduled domestic airline operators to ensure strict and prompt compliance with the interim order pending the outcome of the commission’s investigation.

Domestic airline operators resolved to increase airfares by 100 per cent with effect from March 1.

The resolution adopted by all the domestic operators will peg the least economy ticket at N50,000.

 

Tags: BREAKING NEWSFederal Competition and Consumer Protection CommissionNigeria Latest News
SendShareTweetShare
ReportersAtLarge

ReportersAtLarge

Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

More

Chief Adebisi Olopoeyan
News

APM Aspirants Honour Adebisi Olopoeyan On 65th Birthday

by ReportersAtLarge
August 17, 2026
0

Ibadan South-West APM aspirants have celebrated Chief Olopoeyan on his 65th birthday, praising the veteran Oyo State politician for his...

Read moreDetails
President Donald Trump Threatens To Bomb Oman – Signs birthright citizenship executive order
World News

Trump Threatens To Bomb Oman Over Iran Transit Deal

by ReportersAtLarge
August 17, 2026
0

In a startling interview, Donald Trump threatens to bomb Oman if the nation interferes with Washington's diplomatic strategy toward Iran....

Read moreDetails
Pastor left Christianity for Ifa
News

Why I Renounced Christianity For Ifa: Former Pastor Speaks

by ReportersAtLarge
August 16, 2026
0

After a two-year journey of soul-searching, an Ondo pastor renounces Christianity to become an Ifa priest. He cites church deceit...

Read moreDetails
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Militant

Ex-Militants Issue 14-Day Eviction Notice To Oil Firms In Rivers State

10 years ago
oil exploration

Crude Oil Prices Slump To $65 First Time Since 2021

1 year ago

Popular News

  • Veteran Nollywood Actor Taiwo Hassan

    Family Appeals As Veteran Nollywood Actor Ogogo Diagnosed With Stage 4 Cancer

    0 shares
    Share 0 Tweet 0
  • Archaeologists Launch Heritage Investigation Into Aramoko Earthworks

    0 shares
    Share 0 Tweet 0
  • APM Aspirants Honour Adebisi Olopoeyan On 65th Birthday

    0 shares
    Share 0 Tweet 0
  • First Ferrari Electric Car Shatters Record With $40m Sale

    0 shares
    Share 0 Tweet 0
  • Trump Threatens To Bomb Oman Over Iran Transit Deal

    0 shares
    Share 0 Tweet 0

Connect with us

ADVERTISEMENT

About Us

Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

With a high level of professionalism, fairness, objectivity, accuracy and speed, we publish Breaking News Nigeria Today Headlines and International news on Politics, Tourism and Travel, Entertainment, Sports, Business Lifestyle and Sports.

Category

  • Auto Trend
  • Breaking Bones
  • Business
  • Columns
  • Entertainment
  • Featured
  • For The Record
  • Health
  • Innovation
  • Insurance
  • Lifestyle
  • Metro
  • News
  • Opinion
  • People & Events
  • Politics
  • Press Releases
  • Science & Technology
  • Sponsored
  • Sport
  • Tourism & Culture
  • Video
  • Video News
  • World News

Recent Posts

  • Family Appeals As Veteran Nollywood Actor Ogogo Diagnosed With Stage 4 Cancer August 17, 2026
  • Archaeologists Launch Heritage Investigation Into Aramoko Earthworks August 17, 2026
  • APM Aspirants Honour Adebisi Olopoeyan On 65th Birthday August 17, 2026
  • First Ferrari Electric Car Shatters Record With $40m Sale August 17, 2026
  • Trump Threatens To Bomb Oman Over Iran Transit Deal August 17, 2026
August 2026
SMTWTFS
 1
2345678
9101112131415
16171819202122
23242526272829
3031 
« Jul    
  • Home
  • News
  • Business
  • Politics
  • Tourism
  • Lifestyle
  • RAL TV
  • More

© 2016-2026 RAL - Guided by professionalism

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
    • Insurance
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • AI Policy & Operational Guideline
    • Privacy
    • Disclaimer
    • Contact Us

© 2016-2026 RAL - Guided by professionalism

Verified by MonsterInsights