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Air Peace COO, Toyin Olajide, has reported the Federal Competition and Consumer Protection Commission (FCCPC) to the presidency over an investigation into alleged exploitative ticket pricing. Olajide questioned the investigation's criteria, citing high operational costs in Nigeria’s aviation sector and arguing that ticket prices are unfairly scrutinized.

Air Peace has escalated its dispute with the Federal Competition and Consumer Protection Commission (FCCPC) to the presidency after the commission began investigating the airline over claims of exploitative ticket pricing. The airline’s COO, Toyin Olajide, questioned the criteria used by the FCCPC to launch the investigation, emphasizing the high operational costs faced by Nigerian carriers.

Olajide explained that to operate a flight, Air Peace spends a significant amount on fuel and maintenance, with fuel costs alone amounting to N7 million for a one-hour flight. She also highlighted the challenges of financing, including borrowing at higher interest rates in Nigeria compared to international carriers, and the necessity of paying for everything in dollars, despite earning in naira.

Olajide pointed out that airlines in Nigeria are struggling due to these inflated costs and argued that if Air Peace truly wanted to make a profit, ticket prices would have to range between N500,000 and N700,000 for a one-hour flight. Despite the financial strains, the airline continues to charge N100,000 to N150,000 per ticket, a price that Olajide believes is being unfairly scrutinized.

She expressed disappointment that a government agency like the FCCPC would take action against the airline, particularly when President Tinubu has shown support for Air Peace, especially during times of crisis, such as evacuating stranded Nigerians. The airline is now awaiting the presidency’s intervention in the matter.