In a landmark move to safeguard the interests of telecommunications consumers, the Nigerian Communications Commission (NCC) and the Federal Competition and Consumer Protection Commission (FCCPC) have signed a Memorandum of Understanding (MoU) to foster regulatory collaboration. The signing ceremony, held on January 14, was attended by the Executive Vice Chairman and CEO of the NCC, Dr. Aminu Maida, and the Executive Vice Chairman and CEO of the FCCPC, Dr. Tunji Bello.
Speaking at the event, Dr. Maida emphasized the significance of this partnership, describing it as a vital step toward ensuring a transparent, competitive, and consumer-focused telecommunications industry. “This MoU symbolizes our shared commitment to advancing the welfare of Nigerian consumers by aligning efforts to create fair competition and robust consumer protection frameworks,” he stated.
Dr. Maida further highlighted the telecommunications sector’s pivotal role in Nigeria’s economic and social development, stressing the need for operators to uphold fair practices while delivering reliable and affordable services to consumers. He noted that the collaboration would enhance clarity and reduce regulatory uncertainty, aligning with the Federal Government’s Ease of Doing Business objectives.
Dr. Bello, on his part, underscored the importance of synergy between the two agencies, as mandated by Section 105 of the Federal Competition and Consumer Protection Act (FCCPA) 2018. He explained that the partnership would ensure comprehensive oversight, eliminate regulatory conflicts, and streamline operations for telecom operators while protecting consumers from exploitative practices.
“This MoU reflects President Bola Tinubu’s vision of fostering economic growth through regulatory collaboration and prioritizing consumer welfare,” Dr. Bello remarked. He called on other sector regulators to adopt similar frameworks with the FCCPC to strengthen consumer protection across various industries.
The partnership between the NCC and FCCPC aims to establish a unified regulatory front to tackle challenges in the telecom sector, ranging from market abuses to digital economy complexities. It is expected to benefit both operators and consumers, promoting innovation, inclusivity, and sustainability in Nigeria’s telecommunications industry.