The Federal Competition and Consumer Protection Commission (FCCPC) has reportedly found five airlines guilty of colluding to fix ticket prices during the 2025 Christmas and New Year festive travel period.
This disclosure was made by Sunday Dare, Special Adviser on Media & Public Communication/Spokesperson to President Bola Tinubu, via his official X account on Thursday.
This comes weeks after the FCCPC released an interim report that claims it uncovered patterns of price manipulation during the festive season.
The FCCPC is yet to share this latest development via their official channels, and the names of the guilty airlines are yet to be disclosed.
According to Dare, the Executive Vice Chairman of the FCCPC, Tunji Bello, revealed the findings during a State House “Meet the Press” session. The announcement followed preliminary investigations into sharp increases in airfares during the 2025 festive season, which reportedly surged to between N405,000 and N600,000 on some routes.
“With its preliminary investigations concluded, the FCCPC is set to sanction about 5 airlines guilty of colluding to fix prices during the last Christmas/ New Year holidays. Dr. Tunji Bello, EVC of the FCCPC disclosed this today at the State House Meet the Press Session.”
The statement further noted that the airlines involved may soon face sanctions from the commission.
Passengers may also be eligible for refunds of excess charges collected during the period of the alleged price fixing.
The names of the airlines were not disclosed, and a final report is expected to be released shortly.
The preliminary disclosure indicates the FCCPC is moving towards regulatory action, though formal sanctions and details remain forthcoming.
