
The Federal Competition and Consumer Protection Commission (FCCPC) and the Nigerian Communications Commission (NCC) have signed a Memorandum of Understanding (MoU) to addressing telecom-related issues, benefiting both consumers and operators while enhancing collaboration between the two regulatory bodies.
The agreement, which was signed on Tuesday in Abuja, establishes a unified approach to safeguard telecom consumers and streamline regulatory operations.
The Executive Vice chairmen of the two lined agencies Mr. Tunji Bello, and Dr. Aminu Maida signed the MoU as a seal to their commitment to working together to give the consumer satisfactory services in the telecoms sector.
Speaking at the event, Mr. Bello emphasized the importance of the partnership, aligning it with President Bola Tinubu’s vision of promoting economic growth through regulatory collaboration, market efficiency, and prioritizing consumer welfare.
“This partnership will benefit both operators and consumers. It will foster harmonious collaboration between our organisations, streamline operations for telecom operators through a one-stop-shop approach, and ensure robust consumer protection, fair competition, and the eradication of exploitative practices,” Bello stated.
He highlighted that the MoU is a critical milestone that represents the convergence of two diligent regulatory agencies to eliminate gaps in oversight while complying with legal requirements. He called on other sector regulators to emulate this framework as mandated by Section 105 of the FCCPA.
On his part, Dr. Aminu Maida, the NCC’s Executive Vice Chairman, described the agreement as the result of extensive engagements aimed at protecting Nigerian consumers, especially within the telecom sector.
“In an era of rapid technological advancements, the significance of collaboration between regulatory bodies cannot be overstated. The telecommunications sector has become the cornerstone of Nigeria’s economic and social development, making it imperative to ensure a level playing field for all stakeholders while protecting consumers who depend on reliable and affordable communications services,” Maida said.
Maida commended the FCCPC’s leadership for its dedication to consumer protection and fair competition and urged all stakeholders to embrace the spirit of collaboration represented by the partnership.
“This MoU ensures that our respective mandates are harmonized to achieve maximum impact. Together, the NCC and FCCPC can drive innovation, inclusivity, and sustainability in Nigeria’s telecommunications sector and beyond,” Maida concluded.