Emmanuel Ukudolo I Tuesday, January 14, 2025
ABUJA, Nigeria – The Nigerian Communications Commission, NCC and the Federal Competition and Consumer Protection Commission FCCPC today signed a historic Memorandum of Understanding, MoU to protect telecommunications consumers.
The MoU was signed by Chief Executive Officers of both organizations.
Speaking during the ceremony, Executive Vice Chairman and Chief Executive Officer of NCC, Dr. Aminu Maida called on stakeholders to embrace the spirit of collaboration that the partnership represents.
“Together, we can achieve the goals of innovation, inclusivity, and sustainability in Nigeria’s telecommunications sector and beyond.
“Once again, I extend my heartfelt congratulations to everyone involved in making this historic partnership a reality.
“I look forward to the great strides we will make together in ensuring fair competition and consumer satisfaction in the years to come”, he said.
Also speaking, Executive Vice Chairman and Chief Executive Officer of FCCPC, Mr. Tunji Bello said the signing of the MoU symbolises the convergence of two diligent government agencies in compliance with legal requirements to eliminate regulatory gaps in the telecoms industry.
“The journey to this milestone has been both challenging and rewarding. I am pleased that with Dr Aminu Maida, the Executive Vice Chairman and Chief Executive Officer of the NCC, we have successfully achieved this milestone”, he said.
Guided by our shared vision, he continued, this partnership, he said will benefit both operators and consumers.
“It will foster harmonious collaboration between our organisations, streamline operations for telecoms operators through a one-stop-shop approach in many instances, and ensure robust consumer protection, fair competition, and the eradication of exploitative practices.
“This is entirely consistent with President Bola Tinubu’s vision of fostering economic growth through regulatory collaboration, enhanced market efficiency, and prioritising consumer welfare.
“Given the importance of this legal requirement, today’s event should inspire other sector regulators to establish similar collaborative frameworks with the FCCPC, as mandated by Section 105 of the FCCPA.
“This will ensure that consumers across all sectors enjoy the benefits of coordinated and comprehensive regulatory oversight”, Bello said.
