Air fare hike: Consumer Protection body frowns
The debate on the appropriate pricing for air flight within Nigeria has again generated concern following the recent hike in fares by indigenous airlines. From between N23,300 and N48,000, many domestic airlines raise their fare to N50,000, arguing that a price below $100 (about N50,000) for one-way trip within the country is a loss for the carriers. Officially, the US dollar …