Northern Nigerian Breaking News

FG orders airline operators to suspend airfare hike

12

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

The Executive Vice Chairman of the Federal Government’s agency, Mr Babatunde Irukera, said this in a statement on Wednesday in Abuja.

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

Irukera said that 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 that 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.

gandG Header

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.

Read Also:FG establishes committee to address high airfares, flight delays

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

- Advertisement -

”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.

Read Also:FG ready to install Category 3 ILS in Kano, P/Harcourt, Katsina Airports: NAMA

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

The News Agency of Nigeria reports that 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.

(NAN)

- Advertisement -

12 Comments
  1. Shara Leszczynski says

    You have brought up a very fantastic points, regards for the post.

  2. hire a hacker for gmail says

    The next time I read a blog, I hope that it doesnt disappoint me as much as this one. I mean, I know it was my choice to read, but I actually thought youd have something interesting to say. All I hear is a bunch of whining about something that you could fix if you werent too busy looking for attention.

  3. how to hire a hacker says

    This really answered my problem, thank you!

  4. zorivare worilon says

    I am thankful that I noticed this website, precisely the right info that I was searching for! .

  5. https://g.co/kgs/Vq96zj says

    F*ckin’ amazing issues here. I’m very happy to look your post. Thank you so much and i am taking a look forward to touch you. Will you kindly drop me a e-mail?

  6. Hydrojet water cleaning says

    Have you ever considered about including a little bit more than just your articles? I mean, what you say is valuable and everything. However imagine if you added some great visuals or video clips to give your posts more, “pop”! Your content is excellent but with pics and videos, this blog could certainly be one of the very best in its field. Good blog!

  7. pest control says

    excellent points altogether, you just gained a brand new reader. What would you recommend in regards to your post that you made a few days ago? Any positive?

  8. buddha statue says

    What’s Happening i am new to this, I stumbled upon this I’ve found It positively helpful and it has aided me out loads. I hope to contribute & aid other users like its helped me. Good job.

  9. Türbanlı Türk Porno Sitesi says

    Üvey baba cezalandırır ıslak kızıl saçlı üvey kızının kedi; İstanbul Escort Bayan İlanları.
    Geceniz Yanlız Geçmesin. üvey baba cezalandırır ıslak kızıl
    saçlı üvey kızının kedi. Açıklama sizlere farkıyla sunulmuştur.

  10. Ana ogul porno anne pornosu anne yatak paylaşma. 08:47.
    ana ogul porno anne oğul pornoları aile pornosu. 03:22.
    ana ogul porno japan anne oğul mom gizli. 07:00. porno
    ana ogul porno porno izlemek. 20:38. olgun porno ana ogul porno anne pornosu.
    17:09. anne düğün oğlu lanet. 25:13. anne erkek çocuk azgın anne üvey oğul.
    17:44. ana.

  11. tracfone special coupon 2022 says

    This text is worth everyone’s attention. Where can I find out more?

    My webpage – tracfone special coupon 2022

  12. tracfone coupon says

    Hello I am so happy I found your web site, I really found
    you by error, while I was browsing on Askjeeve for something else, Regardless I am here now and would just like to say kudos for
    a tremendous post and a all round entertaining
    blog (I also love the theme/design), I don’t have time to look over
    it all at the moment but I have book-marked it
    and also added in your RSS feeds, so when I have time I will
    be back to read much more, Please do keep up the awesome b.

    Feel free to surf to my web site – tracfone coupon

Leave A Reply

Your email address will not be published.