Trapped Funds: Travel Agencies Seek FG Intervention Over ‘Unfair’ Ticket Pricing By Foreign Airlines

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The National Association of Nigeria Travel Agencies (NANTA) has called on the Federal Competition and Consumer Protection Commission ( FCCPC) to proffer solutions to the challenges of airfare profiteering in the aviation sector.
Susan Akporiaye, NANTA’s national president, made the call when she visited FCCPC’s office in Abuja on Thursday.
Akporiaye said the visit was for the association to seek guidance and solution-driven advice on the face-off with foreign airlines over unfair ticket pricing in Nigeria.
The NANTA president said it was high time the association sought guidance and determined the next line of action over foreign airlines’ high fares as well as the closing of lower inventories to travel agents across Nigeria.
She added that these challenges have affected the travel agents’ businesses in several ways as the airlines blame the hike in airfare on their trapped funds.