Business

Telcos Must Pay Consumers for Poor Service Delivery, Says NCC

Published

2 months ago

March 29, 2026

Preport

The Nigerian Communications Commission (NCC) has directed Mobile Network Operators (MNOs) to compensate subscribers affected by poor quality of service, insisting that consumers should not bear the full burden of service disruptions caused by operators’ failure to meet prescribed standards.

A statement released today by Nnenna Ukoha

Head, Public Affairs Department said the

the “Commission’s position is that subscribers should not be made to bear the full burden of service disruptions where operators fail to meet prescribed standards of service delivery.

According to the statement “Under this directive, erring operators will compensate affected users directly for breaches of Quality of Service (QoS) Key Performance Indicators (KPIs).

“Mobile Network Operators (MNOs) shall be required to pay these compensations for instances of poor quality of service recorded within specified time frames.

“The compensation will be provided in the form of airtime credits, calculated based on subscribers’ average spending patterns and their presence within Local Government Areas where service failures occur.

“The directive is rooted in the Commission’s broader regulatory philosophy that places the consumer at the centre of Nigeria’s telecommunications ecosystem. Telecommunications services today underpins economic activity, social interaction, and access to digital opportunities. When service quality is poor, the consequences affect productivity, commercial activities, and even public confidence in our communications system.

“While regulatory fines have traditionally served as a deterrent against poor service delivery, the Commission is adopting a more consumer-focused approach that strengthens accountability within the industry.

The Commission has designed this measure to complement existing and ongoing efforts to strengthen service quality monitoring and enforce performance standards.

Further to this directive by the Commission to MNOs on compensation to consumers, the Commission is also mandating Tower Companies who own the critical infrastructure for Quality of Service delivery, such as masts, to invest in infrastructure with measurable outcomes using sums that it has fined these companies, in addition to other financial fines the Commission will deem appropriate.

The Commission will continue to reinforce the obligation of operators to invest consistently in network resilience, capacity expansion, and infrastructure upgrades to meet the growing demand for telecommunications services. At the same time, it will deploy regulatory tools that promote fairness, transparency, and accountability across the sector, ensuring that every subscriber receives the quality of service they deserve while sustaining a telecommunications industry capable of powering Nigeria’s digital future.

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Business

FCT Police Launch Crackdown on Illegal Tinted Vehicles

Published

12 hours ago

June 5, 2026

Preport

The Federal Capital Territory (FCT) Police Command has commenced a fresh operation targeting vehicles with illegal tinted windows, concealed number plates and improper registration across Abuja.

FCT Commissioner of Police Ahmed Muhammed Sanusi disclosed the development during a media briefing on Friday.

He said security reports indicated that criminal suspects often use such vehicles to avoid identification and carry out unlawful activities.

According to the police chief, cases of kidnapping and the notorious “one-chance” robberies have been linked to vehicles operating with hidden identities.

Sanusi noted that tinted windows and covered registration plates make it difficult for security agencies to track offenders and investigate crimes.

He stated that enforcement teams have already been deployed across the territory to ensure compliance with existing regulations.

The commissioner clarified that the exercise is aimed at motorists violating the law and not those with valid approvals for tinted glass.

He revealed that more than 30 vehicles have so far been impounded for breaching the regulations and that offenders would face prosecution.

Sanusi urged residents to report suspicious persons, vehicles and activities, stressing that the operation is part of broader efforts to improve security and curb crime in the nation’s capital.

The post FCT Police Launch Crackdown on Illegal Tinted Vehicles appeared first on Business Today NG.

Business

Nigeria receives multiple funding offers from investors, lenders — Minister

Published

1 day ago

June 5, 2026

Preport

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Nigeria has received multiple funding offers from investors and institutional lenders, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said.

Speaking in an interview with Bloomberg TV, Mr Oyedele said the current market environment presents an opportunity for the country to refinance some of its existing debt while mobilising additional resources for development.

“We think that the timing is good for us to be able to maybe even refinance some of our expensive past debts, but also to raise more funding for our development at this critical time,” he said.

Responding to questions on whether Nigeria would pursue a Eurobond issuance or other commercial financing options, the minister said any decision would depend on prevailing market conditions, the amount of funding required and the speed at which the government intends to access the funds.

He noted that the country currently has several financing options available.

“We have a lot of offers, there is a lot of interest in Nigeria by investors, which is good for us,” Mr Oyedele said.

He added that Nigeria is also engaging with institutional lenders, including the African Finance Corporation (AFC), the African Development Bank (AfDB) and Afreximbank, alongside financing arrangements involving other countries.

“We have many options,” he noted.

ALSO READ: Nigeria eyes debt refinancing, fresh funding — Oyedele

Mr Oyedele explained that the government would carefully evaluate the cost, risks and suitability of available funding sources before deciding on the most appropriate financing strategy.

According to him, the objective is to ensure efficient use of resources while supporting the country’s development priorities.

“The goal is to get the best results from every dollar or every naira that we spend,” he said.