NCC SPEECH:
REMARKS BY THE EXECUTIVE-VICE CHAIRMAN OF THE NIGERIAN COMMUNICATIONS COMMISSION AT THE EXECUTION OF THE MoU BETWEEN THE NIGERIAN COMMUNICATIONS COMMISSION AND THE FEDERAL COMPETITION AND CONSUMER PROTECTION COMMISSION
Protocols
It is with great pleasure that I extend my warmest regards to all present on this remarkable occasion—the formal execution of a Memorandum of Understanding (MoU) between the Nigerian Communications Commission (NCC) and the Federal Competition and Consumer Protection Commission (FCCPC).
This occasion is one that I would describe as long coming. It is the outcome of healthy engagements and events that have strengthened the resolve of both our institutions to protect the Nigerian consumer, especially in the communications industry.
Today, we celebrate the beginning of a strategic partnership between two critical regulatory institutions, each committed to advancing the welfare of the Nigerian people through fair competition and robust consumer protection frameworks.
In an era of rapid technological advancements, the significance of collaboration between regulatory bodies cannot be overstated. The telecommunications sector, in particular, has become the cornerstone of Nigeria’s economic and social development. This makes it imperative that we ensure a level playing field for all stakeholders while protecting consumers who depend on reliable and affordable communications services.
This MoU is a testament to our shared vision of fostering a transparent, competitive, and consumer-focused telecommunications industry. 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 their joint responsibility to ensure the realization of the Federal Government’s Ease of Doing Business objectives.
Our partnership also highlights the importance of synergy in regulatory oversight. The challenges we face today—whether they relate to market abuses, consumer rights violations, or the complexities of a digital economy—demand a united front and a consistent approach to policy implementation. This MoU will ensure that our respective mandates are harmonized to achieve maximum impact.
Let me take this opportunity to commend the leadership of the FCCPC for their unwavering commitment to protecting consumers and promoting healthy competition across sectors. Your dedication complements our own mission at the NCC, and I am confident that this collaboration will yield significant benefits for the Nigerian people.
I also wish to acknowledge the hard work of the teams from both the NCC and FCCPC, who have worked tirelessly to bring this partnership to fruition. Your diligence has laid the groundwork for a collaboration that will not only address present challenges but also anticipate the needs of tomorrow.
As we execute this MoU today, I call on all stakeholders to embrace the spirit of collaboration that this 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.
Thank you.
Dr. Aminu Maida
January 14, 2025
FCCPC SPEECH:
OPENING REMARKS BY MR. TUNJI BELLO, EXECUTIVE VICE CHAIRMAN/CHIEF EXECUTIVE OFFICER, FEDERAL COMPETITION AND CONSUMER PROTECTION COMMISSION (FCCPC), AT A MEMORANDUM OF UNDERSTANDING SIGNING CEREMONY WITH THE NIGERIAN COMMUNICATIONS COMMISSION (NCC) AT THE FCCPC ON TUESDAY, 14 JANUARY 2025
Protocols
I warmly welcome my counterpart and other colleagues from the Nigerian Communications Commission (NCC) to this Memorandum of Understanding (MoU) signing ceremony between our organisations.
By design, regulations are often interwoven and overlapping. The principle behind overlapping regulations is simple: it serves as a mechanism to prevent issues from slipping through the cracks.
This explains the interwoven relationship between the Federal Competition and Consumer Protection Commission (FCCPC) and the Nigerian Communications Commission (NCC). It ensures that if one agency, due to certain limitations, fails to identify or address a consumer issue or regulatory violation, the other agency, potentially with a different perspective, will be able to step in effectively.
This highlights the importance of Section 105 of the Federal Competition and Consumer Protection Act (FCCPA) 2018, which explicitly provides for cooperation and collaboration between the FCCPC and sector regulators. 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.
The signing of this MoU today 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.
Guided by our shared vision, this partnership 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.
Thank you for your kind attention, and welcome once again to the FCCPC.
===========
Thank you.
Governor Seyi Makinde of Oyo State says those who received bribes for the selection of…
Quebec has reopened three immigration pilot programs that provide skilled workers in artificial intelligence, information…
Minister of Power, Adebayo Adelabu, has said that the national electricity grid will remain prone…
The Nigerian Communications Commission (NCC) is planning to take drastic measures to end the lingering…
Members of the Lagos State House of Assembly have impeached Speaker Mudashiru Obasa. The lawmakers…
The prices of premium motor spirit and other petroleum refined products may rise in the…