FCCPC, NCC Collaborate to Enhance Consumer Protection.

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The Federal Competition and Consumer Protection Commission (FCCPC) and the Nigerian Communications Commission (NCC) have entered into a groundbreaking partnership, signing a memorandum of understanding (MoU) to enhance consumer protection, promote fair competition, and eliminate regulatory gaps in the telecommunications sector.

At the signing ceremony, FCCPC’s Executive Vice Chairman, Tunji Bello, emphasized the importance of collaboration in addressing overlapping regulatory responsibilities. “This partnership ensures that if one agency can’t address a consumer issue, the other steps in,” Bello explained.

He noted that this collaboration is rooted in Section 105 of the Federal Competition and Consumer Protection Act (FCCPA) 2018, which mandates cooperation between the FCCPC and regulators.

The MoU aims to eliminate duplicative processes, reduce consumer challenges, and streamline regulatory oversight in the telecoms sector. Bello highlighted the benefits of the MoU, introducing a one-stop-shop regulatory framework that fosters fair competition, addresses exploitative practices, and ensures robust consumer protection.

“This partnership reflects President Bola Tinubu’s vision of fostering economic growth through regulatory collaboration, market efficiency, and prioritizing consumer welfare,” Bello added.

Dr. Aminu Maida, Executive Vice Chairman of the NCC, hailed the MoU as a pivotal step towards safeguarding Nigerian consumers’ interests and fostering a transparent, competitive, and consumer-focused telecom industry. 

Maida emphasized that the MoU would streamline regulatory oversight, eliminate uncertainties, and align efforts to create a level playing field for all stakeholders.

The partnership also aligns with the Federal Government’s Ease of Doing Business objectives, enhancing Nigeria’s regulatory landscape. 

By harmonizing their mandates, the FCCPC and NCC aim to ensure robust consumer protection, fair competition, and sustainable growth in the industry.

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