The Federal Competition and Consumer Protection Commission (FCCPC) and the Nigerian Communications Commission (NCC) have signed a Memorandum of Understanding (MoU) for adequate consumer protection in the telecom sector.
By Emma Ogbuehi
The Federal Competition and Consumer Protection Commission (FCCPC) and the Nigerian Communications Commission (NCC) have signed a Memorandum of Understanding (MoU) for adequate consumer protection in the telecom sector.
The partnership agreement between the two agencies was signed in Abuja on Tuesday. Tunji Bello, the Executive Vice Chairman of FCCPC, signed on behalf of his agency, while Aminu Maid, the Executive Vice Chairman/Chief Executive of NCC signed for his organization.
Bello said the partnership was to protect telecom consumers and promote fair competition by eradicating exploitative practices in the sector.
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“This synergy is critical to ensuring comprehensive oversight and consumer protection without regulatory conflicts or duplications.
“By this, we are also making life easier for the generality of consumers in dealing with two government agencies on the same issue at the same time.
“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,” he said.
Maida said the event was the outcome of healthy engagements to protect the Nigerian consumers, especially in the telecommunication sector.
He stressed that there was the need to provide a level playing field for stakeholders as the telecom sector had become a very important sector.
“By aligning our efforts, the NCC and FCCPC aim to avoid regulatory uncertainty and create clarity for the benefit of all stakeholders in the communications sector and in furtherance of our joint responsibility to ensure the realisation of the Federal Government’s ease of doing business objectives,” he said.
