In a groundbreaking step to safeguard consumers and ensure fairness in Nigeria’s fast-evolving telecommunications sector, the Nigerian Communications Commission (NCC) and the Federal Competition and Consumer Protection Commission (FCCPC) have signed a Memorandum of Understanding (MoU). The ceremony, held on January 14, 2025, symbolized a commitment to collaboration between the two key regulatory bodies.
Dr. Aminu Maida, Executive Vice Chairman of the NCC, expressed excitement over the partnership. “Today is not just the signing of an MoU—it’s a testament to our shared vision of putting consumers first. As technology continues to shape our lives, this collaboration ensures we can protect Nigerians while fostering innovation and fair competition,” he stated.
Mr. Tunji Bello, the Executive Vice Chairman/CEO of the FCCPC, echoed these sentiments. “Regulations often overlap by design, allowing agencies like ours to step in when gaps appear. This partnership ensures that no Nigerian consumer falls through the cracks,” he said.
The MoU aims to eliminate regulatory gaps in the telecoms industry, streamlining oversight and resolving consumer issues with a unified approach. Both leaders agreed that this collaboration aligns with President Bola Tinubu’s vision of leveraging partnerships to drive economic growth and prioritize consumer welfare.
The ceremony celebrated months of diligent work by teams from both commissions, and there was a shared optimism about the benefits the partnership would bring. “By working together, we’re creating a more inclusive, innovative, and sustainable telecommunications industry,” Dr. Maida added.
This initiative sets a precedent for collaboration across regulatory bodies, ensuring consumers across all sectors enjoy greater protection and fair market practices.
Anthony Emeka Nwosu