The Federal Competition and Consumer Protection Commission (FCCPC) today refuted a report attributed to the commission, claiming that the federal government is no longer investigating Air Peace, banks, telecommunications, and the aviation sector.
In a statement signed by the Director of Corporate Affairs, Ondaje Ijagwu, the FCCPC categorically denied the story titled “FG not investigating Air Peace – FCCPC,” which has been circulating on some media platforms, particularly online.
The statement read: “The referenced story, which seems syndicated and sponsored, did not emanate from the FCCPC, and we advise the public to disregard it in its entirety. The FCCPC stands firmly by its official release dated December 1, 2024, which announced inquiries into widespread consumer complaints in the banking, telecommunications, and aviation sectors.
“As stated, Air Peace is one of the entities being engaged to address allegations of exploitative ticket pricing, including significant price hikes for bookings on specific domestic routes. These inquiries, being conducted under the Federal Competition and Consumer Protection Act (FCCPA) 2018, are focused on addressing poor service delivery, exploitative practices, and potential consumer rights violations.”
He emphasised that these inquiries are structured engagements aimed at ensuring compliance with regulatory standards, enhancing transparency, and protecting consumer interests.
The FCCPC reaffirmed that the inquiry into Air Peace, which began as scheduled on December 3, 2024, is ongoing.
Ijagwu mentioned that the Commission is currently reviewing information and responses provided by Air Peace and other entities under inquiry.
He noted that the appropriate determinations will be made, and necessary actions will be taken to address any identified violations.
He urged the public to rely solely on verified communications from the FCCPC.
