The Nigerian Communications Commission (NCC) has presented the report of its Regulatory Impact Assessment (RIA) on eight subsidiary legislations from 2024 at a stakeholder engagement forum in Abuja.
Aminu Maida, the Executive Vice Chairman/CEO of the NCC, welcomed industry stakeholders, noting that the RIA was an innovation to the Commission’s rule-making process, providing an avenue for participatory regulatory engagement.
He explained that the RIA considered three strategic focus areas for the Commission: consumers, licensees and the market, and the government. For consumers, the assessment reviewed the impact of the legislations on consumer satisfaction and quality of experience. For licensees and the market, it evaluated the adaptability and agility of the legislations in reducing barriers to entry, promoting fair competition, and facilitating the efficient use of resources. Finally, for the government, the RIA examined the impact and opportunities of these legislations in driving governmental objectives and meeting policy expectations.
Aminu Maida emphasised that the RIA aimed to provide the telecommunications ecosystem with opportunities to participate in evaluating regulations that, when well-drafted, protect the public interest, stimulate innovation, and encourage investment in the market. The RIA process allowed major stakeholders to offer feedback and recommend areas for review and improvement to enhance the effective application and implementation of these subsidiary legislations.
He reiterated the Commission’s commitment to fostering a fair, transparent, and consumer-centric telecommunications landscape. He stated that discussions on the RIA report, its outcomes, and recommendations were critical to refining policies and ensuring that the regulatory approach aligns with the dynamic nature of the industry and shapes regulatory practices for the future.
Aminu Maida encouraged open and constructive engagement, noting that stakeholder insights would be invaluable in shaping the rule-making process and deepening the development, review, and implementation of subsidiary legislations. He thanked attendees for their participation and expressed his hope for productive deliberations that would strengthen market rules, build consumer trust, provide regulatory clarity, and enhance the agility of subsidiary legislations.
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