Connect with us

General News

Prices Fixing Scandal: NCAA to Install Info Portal @ Airports

Published

on

Sonia Jorge, executive director, A4AI
Kindly share this post

Nigeria Civil Aviation Authority (NCAA) has concluded plans to install a Consumer Protection at the nation’s airports. This is coming on the heels of accusations of the British Airways and the Virgin Atlantic Airways of collusion in prices fixing on routes including Lagos to London. Dr. Harold Demuren, the director general of NCAA disclosed this during his presentation at the House probe into the alleged fare fixing scandal involving the two airlines. He said the platform that serve as enforcement initiative aid for NCAA Consumer Protection Directorate, will be installed for the purpose of providing significant information capable of assisting consumer decision making in the selection of their service provider. He said that a committee set up in 2011 to investigate the matter, apparently discovered a wide disparity in fares for similar point of departure and destination in distances from Nigeria and Ghana, among others. Demuren went memory lane on efforts made by NCAA to address the problem, incidentally, the two airlines failed to comply during the investigations “I would like start with the Regional Imbalance as it relates to BA and VAA. Starting sometime in 2010, the NCAA after following events arising in other jurisdictions, particularly the U.S and U.K, and conducting internal assessments with respect to operations of BA and VAA regarding whether they were colluding to exploit consumers, began a comprehensive evaluation of the conduct, our laws, culpability and potential remedies. “Sequel to this, on May 4th, 2011, NCAA opened an important and comprehensive investigation into the conduct of exploitation of Nigerian Consumers by BA and VAA, with respect to collusion in prices fixing on routes including Lagos to London. “Of great concern, NCAA was aware that BA and VAA had been subjected to similar investigations in other foreign jurisdictions, and admissions of culpability or findings of violations had occurred or been established; penalties were awarded and compensation set aside and or paid to consumers in those jurisdictions. “Since neither of the two airlines voluntarily provided information to NCAA about their conduct, admissions or culpability, the NCAA committed its resources to a comprehensive investigation. The NCAA boss further revealed that this investigation saw more than one dozen witnesses testifying before the investigating panel, mostly made up of employees of both BA and VAA and the critical examination and analysis of over 10,000 pages of documents in over 24 volumes and information gathered from 3 continents including courts and other regulatory authorities in the U.K and U.S. He added that the airlines equally connived to fix the passenger fuel surcharges which eliminated competition in the sector. “On November 14, 2011 after this long painstaking investigation, NCAA made its findings, which included the fact that, both BA and VA violated Nigerian law and Regulations and exploited Nigerian consumers. “Specifically, both airlines colluded to fix the Passenger Fuel Surcharge in a manner that eliminated or suppressed choice and competition and the Nigerian public were the victims of this conduct while both airlines reaped huge profits from their misconduct. “In addition, both airlines deceived Nigerians and used unfair methods in procuring these huge revenues in their businesses. Demuren solidified that NCAA was left with no option than to impose monetary sanctions on the airlines, “And a decision that passengers who were exploited must be compensated. “Both airlines being dissatisfied with the NCAA Findings from its investigation appealed under NCAA Regulations. The NCAA set up an independent Administrative Appeals Panel chaired by a retired Justice of the Supreme Court of Nigeria.” He maintained that Nigeria is to be briefed on the outcome of a study which the U.K Department of Transport commissioned its Civil Aviation Authority to conduct to determine whether there is evidence of abuse in the UK-Nigeria aviation market. “In order for the engagement and evaluation to fair, balanced and mutually respectful, The Honurable Minister of Aviation has mandated the NCAA to conduct a similar comprehensive survey/study from the Nigerian standpoint with its consultants. He promised that NCAA will remain fervent and work assiduously to prevent exploitation or unscrupulous practices that allow imposition of unusually and inexplicably high or disparate ticket fares on Nigerians. Part of its strategy is the imposition of stiff penalties on violators through appropriate laws of the land. NCAA has also urged the travelling public to be vigilant and remain impermissive of exploitation, while being circumspect in making their travel plans and choice of airlines, while the authority ventures into alternative means to educate the public further. “NCAA has also advanced in its efforts to develop a Consumer Protection Portal that will be installed at the nation’s airports for the purpose of providing significant information that will assist consumer decision making in the selection of their service provider. This will also serve as enforcement initiative aid for NCAA Consumer Protection Directorate. “This Portal and the incoming Regulations will provide both the basis and the process of gathering multi-dimensional data, analysis of the data and distribution of compliance trends and or information developed based on the use of the data. These are critical areas of consumer protection and economic regulation of the industry. Demuren reiterated NCAA’s decision to evolve more enforcement laws to protect consumers across the board.


Kindly share this post

Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

Continue Reading
Advertisement
Comments

General News

Nigeria Not Making Progress in Fiscal Transparency –US

Published

on

Kindly share this post

United States Government has said that Nigeria is not making significant progress in fiscal transparency, referencing gaps in the country’s budget disclosure, expenditure reporting, public procurement transparency and audit processes.

Nigeria Not Making Progress in Fiscal Transparency –US

The assessment is contained in a report by the United States Department of State, which reviewed Nigeria’s fiscal transparency practices in its 2026 fiscal transparency report for countries published on Tuesday.

The report noted that the US government stated that Nigeria made some key fiscal documents available to the public, significant shortcomings remained in the disclosure of budgetary information and the management of public finances.

The report noted that “the government made its enacted budget and end-of-year report widely and easily accessible to the public, including online, but did not publish its executive budget proposal within a reasonable period.”

It also stated that while the Nigerian government had made information concerning the country’s debt obligations publicly available, its budget documents failed to provide a comprehensive picture of government revenues and expenditures.

Advertisement

“The government made information on debt obligations, including major state-owned enterprise debt, publicly available, but budget documents did not provide a substantially complete picture of the government’s revenues and expenditures, or break down expenditures to support executive offices in the budget,” the report stated.

The US government further raised concerns about discrepancies between Nigeria’s approved budget and the actual revenues and expenditures recorded during implementation.

It said, “Actual revenues and expenditures did not reasonably correspond to those in the enacted budget.”

The report also criticised the country’s supreme audit institution, stating that it did not meet international standards of independence and did not publish substantive reports, although it had access to the entire executed budget.

“The supreme audit institution did not meet international standards of independence or publish substantive reports but did have access to the entire executed budget,” it stated.

Advertisement

The assessment, however, acknowledged that Nigeria’s sovereign wealth fund had an adequate legal framework and disclosed information about its funding and the general approach to withdrawals.History

“The sovereign wealth fund had a sound legal framework and disclosed its source of funding and general approach to withdrawals,” the US government said.

Kindly share this post
Continue Reading

General News

World Bank Investing $25 million in Equity in Jumia Technologies

Published

on

Kindly share this post

The World Bank Group is supporting the expansion of Africa’s digital commerce infrastructure to help small businesses reach new markets, create jobs, and strengthen economic opportunities across the continent.

Through Jumia, Africa’s leading e-commerce platform, the investment is expected to enable approximately 60,000 local annual active sellers to participate more fully in the digital economy, support around 1,800 direct jobs, and create income-generating opportunities for more than 100,000 independent sales agents.

As digital commerce continues to grow across Africa, reliable access to online marketplaces, logistics networks, and digital payments are becoming increasingly important for entrepreneurs and small businesses seeking to expand beyond local markets. Strengthening this infrastructure can help firms increase sales, improve productivity, and connect consumers with a wider range of affordable goods and services.

To support this effort, the International Finance Corporation (IFC), the private sector arm of the World Bank Group, is investing US$25 million in equity in Jumia Technologies AG (Jumia), Africa’s largest public e-commerce platform. The investment will support Jumia’s next phase of growth across its core African markets, strengthening its integrated marketplace and logistics network.

By expanding access to digital commerce tools and services, the investment will help businesses grow, improve price transparency, and contribute to more inclusive and resilient private sector development across Africa.

Advertisement

“The support of the World Bank Group is a milestone for Jumia and for African e-commerce more broadly. It validates both the discipline we have brought to our business in recent years and the tangible impact our platform has on small businesses, jobs, and consumers across our eight markets. With partners like the IFC, we can accelerate the digital commerce infrastructure Africa needs” said Francis Dufay, CEO of Jumia.

“Jumia demonstrates how pan-African e-commerce platforms can expand economic opportunity at scale. Our investment supports the company’s next phase of growth while contributing to create jobs, digitizing supply chains and distributions channels and mobilizing private investment” said Farid Fezoua, Director for Equity, Funds, and Venture Capital at the International Finance Corporation, World Bank Group.

 

Kindly share this post
Continue Reading

General News

NUPRC Warns of Counterfeit,  AI-Generated Appointment Letters

Published

on

Kindly share this post

Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has cautioned the public against fake recruitment offers and fraudulent employment letters circulating in the agency’s name.

NUPRC Warns of Counterfeit,  AI-Generated Appointment Letters

Eniola Akinkuotu, head of Media and Corporate Communications of the Commission, stated that NUPRC has received reports of counterfeit and AI-generated appointment letters bearing names not known to the regulator.

The Commission also said fraudsters have been extorting money from jobseekers by promising placement within the agency.

NUPRC has reported the incidents to law enforcement and said investigations are underway.

The regulator reiterated that there is no ongoing recruitment exercise and warned members of the public not to make any payments for supposed job offers.

Advertisement

“Whenever the Commission decides to recruit, the process will be conducted strictly in accordance with extant laws and government regulations,” the statement said.

The Commission urged jobseekers to verify any purported offer and to rely only on official NUPRC communications for recruitment information.

The warning follows growing concerns about the misuse of digital tools, including artificial intelligence, to fabricate apparently authentic documents that can deceive the public.

Kindly share this post
Continue Reading

Trending