The Federal Government has launched a “fly now, pay later” initiative designed to make domestic air travel more accessible to Nigerians through structured consumer credit.
Announcing the development via X, Nigerian Consumer Credit Corporation (CrediCorp) said the scheme enables eligible individuals to book local flights and spread payments over time.
The initiative is being implemented in partnership with MyVisaro and Alert Microfinance Bank.
According to CrediCorp, the programme is designed to ease the burden of upfront ticket costs, which often delay or prevent travel plans.
How It Works
Under the scheme, users can book flights to destinations across Nigeria and pay a fraction of the cost upfront, while the balance is repaid in instalments.
Checks on the platform show that:
A 30% initial deposit is required
The remaining balance is spread across three monthly instalments
Eligible applicants are required to apply through the Visaro platform to access the service.
The initiative comes at a time when domestic airfares have risen sharply, putting pressure on both business and leisure travellers.
By introducing flexible payment options, the government is looking to stimulate travel demand while expanding access to credit.
Part of a Bigger Credit Push
The “fly now, pay later” scheme is one of several initiatives rolled out by Nigerian Consumer Credit Corporation to deepen financial inclusion.
Recent programmes include:
A N20 billion auto credit scheme launched with National Automotive Design and Development Council (NADDC) to support the purchase of locally assembled vehicles
YouthCred, offering employed Nigerians aged 18–39 access to up to N5 million in credit
A pension-backed loan programme introduced in partnership with Leadway Trustees and Optimus Bank
The Bottom Line
With rising travel costs and limited access to credit, the new scheme signals a shift toward flexible financing models in Nigeria’s transport sector—bringing air travel within reach for a broader segment of the population.
