The Federal Government, through the Nigerian Consumer Credit Corporation (CREDICORP), has rolled out an innovative “Fly Now, Pay Later” credit scheme to make domestic flights more affordable and accessible for Nigerians.
Announced via CREDICORP’s official X account on Tuesday, the programme enables eligible individuals to book local flights immediately and spread the repayment over manageable instalments, eliminating the high upfront costs that often hinder travel plans.
“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 corporation stated.
The scheme is a collaborative effort between CREDICORP, the booking platform MyVisaro (accessible at visaro.ng), and Alert Microfinance Bank. It forms part of broader efforts to promote responsible consumer credit and enhance financial inclusion in essential services like air travel.
Interested applicants are encouraged to visit visaro.ng, select and book a flight to any destination within Nigeria, and take advantage of the flexible payment options.
“At CREDICORP, we remain committed to expanding responsible consumer credit and enabling Nigerians to live better now, including flying locally. Fly now. Pay later. Opportunity shouldn’t wait,” the statement added.
The launch addresses ongoing challenges in the aviation sector, where soaring ticket prices—driven by high aviation fuel costs, foreign exchange issues, and operational expenses—have made domestic travel increasingly unaffordable. Notably, during the 2025 Yuletide season, one-way fares on certain routes surged by up to 150%, surpassing N300,000 in some cases.
By bridging the affordability gap, the “Fly Now, Pay Later” scheme aims to support greater intra-country connectivity, boost tourism, business travel, and family visits, while aligning with the government’s push for innovative financial solutions to improve quality of life for citizens.