The federal government has introduced a new credit initiative designed to make domestic air travel more affordable for Nigerians.
This allows passengers to book flights and pay in installments.
The scheme, tagged “Fly Now, Pay Later,” was announced by the Nigerian Consumer Credit Corporation (CREDICORP) on Tuesday, with officials stating that it targets individuals who are unable to afford upfront ticket costs.
According to the corporation, the initiative enables eligible customers to secure flight bookings immediately while spreading payments over time.
“Through this initiative, eligible customers can book domestic flights today and repay the cost over time through structured financing, removing the upfront barrier that often delays important trips,” the statement read.
CREDICORP said the solution is being delivered in partnership with MyVisaro and Alert Microfinance Bank as part of efforts to expand access to responsible consumer credit.
To apply, the corporation urged interested individuals to visit visaro.ng and book a flight to any city in Nigeria.
“At CREDICORP, we remain committed to expanding responsible consumer credit and enabling Nigerians live better now, including flying locally. Fly now. Pay later. Opportunity shouldn’t wait,” it added.
The initiative comes at a time when domestic airfares have surged significantly, putting pressure on many travellers.
During the 2025 festive season, ticket prices on some routes reportedly rose by about 150 per cent, with fares exceeding N300,000.
Airlines have linked the increase to the rising cost of aviation fuel, foreign exchange challenges, and other operational expenses, making flexible payment solutions increasingly necessary for travellers.
The government said the new scheme aligns with its broader objective of improving access to essential services through innovative financial solutions while easing the burden on citizens.
