OBI EZEKWEZILI CALLS FOR AVIATION REGULATOR’S INTERVENTION

A former Minister of Education, Obiageli Ezekwesili, has described as troubling the alleged attempt to distort the healthy competition by dominant players on the Lagos-London route occasioned by the entry of Air Peace.

 Ezekwesili in a statement posted on X, said the market regulator in the aviation sector must immediately nip in the bud the predatory moves of those dominant airlines on Lagos-London route once it gets all the facts.

The former Minister buttressed that hostile pricing models in any competitive market is predatory and are usually ruled against and sanctioned by the market regulator.

Her statement comes on the heels of the alarm raised by the Chairman of Nigerian indigenous carrier Air Peace, Allen Onyema, that foreign carriers operating the Nigeria-UK route were allegedly conspiring to send Air Peace out of international operations by crashing airfares on the route.