The Federal Government of Nigeria has launched an innovative "Fly Now, Pay Later" credit scheme aimed at making domestic air travel more affordable and accessible for citizens.
Announced by the Nigerian Consumer Credit Corporation (CREDICORP) on Tuesday, March 17, 2026, the initiative allows eligible Nigerians to book flights within the country immediately while spreading the repayment over time through structured financing options.
This consumer credit product is designed to eliminate the upfront payment barrier that often prevents people from taking important trips, especially amid rising domestic airfares driven by high aviation fuel costs, foreign exchange challenges, and other operational expenses.
CREDICORP emphasized that the scheme promotes financial inclusion by expanding responsible credit access and enabling Nigerians to "live better now," including through easier local travel to connect with family, business, or essential needs.
The program is delivered in partnership with MyVisaro (via the booking platform visaro.ng) and Alert Microfinance Bank. Interested eligible customers can apply and book flights to any Nigerian city directly through visaro.ng.
"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," a statement from CREDICORP read.
The corporation added: "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."
The launch comes as domestic flight costs have surged in recent periods, for instance, one-way fares rose significantly during the 2025 holiday season—highlighting the need for innovative solutions to boost intra-country connectivity and affordability in the aviation sector.
