Investigation into Air Peace alleged exploitative ticket pricing ongoing – FCCP

By Mariam Abeeb

The Federal Competition and Consumer Protection Commission (FCCPC) says its inquiry into allegations of exploitative ticket pricing by AirPeace and other entities is still ongoing.
A notice signed by Mr Ondaje Ijagwu, the Director, Corporate Affairs of the commission in Abuja, said the inquiry commenced on Dec. 3.
Ijagwu was reacting to media reports which quoted the commission as saying that the Federal Government was not investigating AirPeace.
He said that Air Peace was one of the entities being engaged to address allegations of exploitative ticket pricing, including significant price hikes for advance bookings on specific domestic routes.
According to him, these inquiries, being conducted under the FCCPAct (FCCPA) 2018, are focused on addressing poor service delivery, exploitative practices, and potential consumer rights violations.
Ijagwu said that the investigation was aimed at ensuring compliance with regulatory standards, improving transparency, and protecting consumer interests.
”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.
He said that the commission was currently reviewing information and responses provided by Air Peace and other entities under inquiry.
The director said that appropriate determinations would be made, and necessary actions taken to address any identified violations.
”We urge the public to rely solely on verified communications from the FCCPC,” he said.