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Home Business News

CPC and NCC turn searchlight on Nigeria’s communication sector 

Onome Ohwovoriole by Onome Ohwovoriole
September 12, 2018
in Business News, Politics
Internet World Stats, Nigerian Communications Commission remittance, Network operators in Nigeria, Telecoms companies in Nigeria, MTN Nigeria, Airtel Africa, Globacom data, 9mobile court case, Top 10 states in Nigeria with the highest Internet subscribers , Telecommunications: The bright spot in a fragile economy, Telcos add 5.64 million voice and data subscribers in Q3 2019 - NBS , Alleged N200bn Debt: EFCC, DSS to probe telcos, Network glitch, as poor internet speed continues to impede banking services, Telecoms record 725% increase in foreign capital investment, as GDP contribution hits N6 trillion, Coronavirus: Instant messaging platforms, Telcos raking in funds from the work-from-home policy, Telecoms: Bright spot amidst the gloom, Nigerians lambast MTN, Airtel for offering free SMS, ignoring request for free data, airtime

Broadband masts

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Companies operating in the telecommunications sector may have to sit up soon as the Nigerian Communications Commission (NCC) and Consumer Protection Council (CPC) have joined forces to investigate practices in the industry.

The NCC disclosed this in a statement posted on its Twitter handle.

@NgComCommission and @CPCNig
on a Joint Regulatory Consumer Protection Investigation in Telecommunications Sector held on 10th September 2018 at the NCC Head Office Abuja. pic.twitter.com/vpabghxHmw

— ncc.gov.ng (@NgComCommission) September 11, 2018

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The motive behind the inquiry 

The agencies stated that the probe was in response to complaints from members of the public as well as a resolution of the Senate, to investigate basic essential services.

Where they will focus on

According to the statement, the investigation will focus on areas such as service quality, service issues such as call masking, unsolicited subscription, difficulty in subscribing to billed value added services and transparency in billing.

Table shaking in view

The inquiry could lead to sanctions on the firms, as agencies of government have stepped up enforcement.

MTN Nigeria, one of the country’s largest GSM operators was recently asked to repatriate $8.1 billion by the Central Bank of Nigeria (CBN). In addition, the Attorney General of the Federation (AGF) Abubakar Malami has accused the company of owing $2 billion as back taxes.

The CPC has tackled several prominent brands in the last few months. The agency last month obtained a court order restraining Multichoice Nigeria from increasing its prices. The company, however, went ahead.

The Federal Inland Revenue Service (FIRS) Chairman Tunde Fowler also dislcosed that the agency would go after the bank accounts of billionaires that have failed to  pay taxes.


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Tags: CBNCPCNCCTunde Fowler
Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

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