Tag: FCCPC

  • FCCPC: Court ruling upholds consumer rights in Nigeria

    FCCPC: Court ruling upholds consumer rights in Nigeria

    The Federal Competition and Consumer Protection Commission (FCCPC) has expressed delight over the recent court rulings that uphold consumer rights in Nigeria.

    The rulings include the Lagos High Court’s award of N5 million in damages against MultiChoice Nigeria Limited and the Enugu High Court’s decision declaring Peace Mass Transit’s no refund policy unlawful.

    A statement by the commission’s Director of Corporate Affairs, Ondaje Ijagwu, said the Executive Vice Chairman and Chief Executive Officer, Mr. Tunji Bello, praised the courts for ensuring fair outcomes that strengthen consumer confidence and accountability in the marketplace.

    Bello noted that the judgments showed the strength of the Federal Competition and Consumer Protection Act (FCCPA), 2018, which empowers consumers to seek redress and requires service providers to meet lawful standards of fair service delivery.

    The FCCPC chief executive also praised the consumers for using lawful channels to pursue justice rather than recourse to self-help. He explained that the law provides several ways for consumers to express their grievances and that these decisions confirm the courts’ willingness to protect consumer rights.

    Bello recalled that between March and August this year, the commission facilitated the recoveries of more than N10 billion for consumers across 30 sectors.

    The chief executive said this demonstrated the growing effectiveness of Nigeria’s consumer protection system.

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    “The consistent judicial enforcement complements the Commission’s regulatory work and reinforces the message that consumer-rights violations attract real consequences. He urged consumers to continue reporting unfair practices through the FCCPC complaint portal, email, or any of its offices nationwide,” he said.

    In one of the two decided cases, the Lagos High Court, presided over by Justice R. O. Olukolu, awarded N5 million in general damages to a DStv subscriber, Mr. Ben Onuora, for the wrongful disconnection of his active subscription.

    The court found that MultiChoice acted unlawfully by cutting off its service, despite verified payment, causing inconvenience to the claimant and his family.

    “It ordered immediate reconnection and an extension to cover the period of disconnection, relying on sections 130, 136, and 142–145 of the FCCPA 2018, which safeguard consumers’ rights to quality service and make suppliers liable for interrupted or defective delivery,” the statement said.

    In the second case, the Enugu High Court, presided over by Justice C. O. Ajah, ruled that Peace Mass Transit’s “no refund after payment” policy was illegal and void under sections 120, 104, and 129(1) of the FCCPA 2018.

    The company was ordered to pay ₦500,000 in damages to a passenger, Mr. Tochukwu Odo, whose fare was withheld after an uncompleted trip.

    The court held that service providers must ensure a refund to consumers when a service is not rendered.

    It stressed that policies that deny refunds breach statutory consumer rights.

    Bello said the FCCPC is Nigeria’s primary agency for consumer protection and competition regulation under the Federal Competition and Consumer Protection Act, 2018.

    The CEO said the commission promotes fair markets, safeguards consumer rights, and ensures accountability across all sectors.

  • FCCPC: Court rulings uphold consumer rights

    FCCPC: Court rulings uphold consumer rights

    The Federal Competition and Consumer Protection Commission (FCCPC) has welcomed recent court rulings that uphold consumer rights in Nigeria, notably the Lagos High Court’s award of ₦5 million in damages against Multichoice Nigeria Limited and the Enugu High Court’s decision declaring Peace Mass Transit’s no refund policy unlawful.

    In a statement by the Director, Corporate Affairs, Ondaje Ijagwu, the Executive Vice Chairman and Chief Executive Officer of the FCCPC, Mr. Tunji Bello commended the courts for ensuring fair outcomes that strengthen consumer confidence and accountability in the marketplace. 

    Bello said the judgments show the strength of the Federal Competition and Consumer Protection Act (FCCPA), 2018, which empowers consumers to seek redress and requires service providers to meet lawful standards of fair service delivery.

    He also praised the consumers for using lawful channels to pursue justice rather than recourse to self-help. 

    He explained the law provides several ways for consumers to express their grievances and that these decisions confirm the courts’ willingness to protect consumer rights.

    According to Bello, between March and August 2025, the Commission facilitated recoveries of more than ₦10 billion for consumers across 30 sectors, demonstrating the growing effectiveness of Nigeria’s consumer protection system.

    “The consistent judicial enforcement complements the Commission’s regulatory work and reinforces the message that consumer-rights violations attract real consequences. He urged consumers to continue reporting unfair practices through the FCCPC complaint portal, email, or any of its offices nationwide”.

    In one of the two decided cases, the Lagos High Court, presided over by Justice R. O. Olukolu, awarded ₦5 million in general damages to a DStv subscriber, Mr. Ben Onuora, for the wrongful disconnection of his active subscription. 

    The Court found that Multichoice acted unlawfully by cutting off service despite verified payment, causing inconvenience to the claimant and his family. 

    In the second case, the Enugu High Court, under Justice C. O. Ajah, ruled that Peace Mass Transit’s no refund after payment policy was illegal and void under Sections 120, 104, and 129(1) of the FCCPA 2018.

     The company was ordered to pay ₦500,000 in damages to a passenger, Mr. Tochukwu Odo, whose fare was withheld after an uncompleted trip. The Court held that service providers must refund consumers when a service is not rendered and that policies denying refunds breach statutory consumer rights.

    Bello noted that the Federal Competition and Consumer Protection Commission (FCCPC) is Nigeria’s primary agency for consumer protection and competition regulation under the Federal Competition and Consumer Protection Act, 2018. The Commission promotes fair markets, safeguards consumer rights, and ensures accountability across all sectors.

  • FCCPC refocuses on improving efficiency resilient institution

    FCCPC refocuses on improving efficiency resilient institution

    Federal Competition and Consumer Protection Commission (FCCPC) has refocused on improving efficiency and building a stronger, more resilient institution, with emphasis on taking a chance to take stock of the Commission’s progress, identify existing gaps, and chart a clear path towards better performance and service delivery.

    Executive Vice Chairman and Chief Executive Officer, Federal Competition and Consumer Protection Commission (FCCPC), Mr. Tunji Bello stated this during the 2025 management retreat in Abuja, with the theme, “Building Resilience for Sustainable Institutional Capacity” and stating that, even though the commission is relatively young and evolving, it has gained national and international recognition for its enforcement and advocacy work

    He said, “Lasting impact depends on continuous investment in staff capacity, modern tools, and a well-aligned structure, acknowledging that he took over the mantle of leadership of the FCCPC in July 2024, and inherited a thriving agency, which by all standards had created for itself an enviable image and a pride of place among the regulatory agencies of the Federal Government of Nigeria.

    “The strength of the FCCPC lies with a critical mass among the Commission’s staff, we must keep investing in knowledge, systems, and work environments that support productivity and professionalism. This retreat is not a formality, it is a deliberate effort to reposition the Commission for long-term success.

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    “The challenges facing the organisation go beyond technical competence. They also involve maintaining discipline, respecting communication channels and living up to the service values that define public institutions. We have to build a results-driven culture based on fairness, teamwork, and accountability,” he said.

    This retreat brings together senior officers and management staff to review ongoing operations, improve coordination across departments, and align priorities with the Commission’s mandate under the Federal Competition and Consumer Protection Act (FCCPA) 2018.

    Bello introduced Hajiya Ummusalma Isiyaku Rabiu and Mr. Louis Odion as the newly appointed Executive Commissioners for Corporate Services and Operations. Both officials, he noted, will soon attend the mandatory induction course at the Administrative Staff College of Nigeria (ASCON), Badagry, in line with Federal Government policy.

    He encouraged participants to make the discussions practical and forward-looking, assuring them that the retreat’s resolutions will guide upcoming reforms aimed at strengthening FCCPC’s operations in line with the Renewed Hope Agenda of President Bola Ahmed Tinubu.

  • Access to safe, unadulterated food key pillar of public health – FCCPC

    Access to safe, unadulterated food key pillar of public health – FCCPC

    The Federal Competition and Consumer Protection Commission (FCCPC) has said access to safe, unadulterated, and nutritious food is a key pillar of public health.

    The executive vice chairman of the Commission, Mr. Olatunji Bello, stated this in a one day sensitisation campaign on food quality standard, safety regulations and safe business practices.

    Bello, who was represented by the director, Quality Assurance and Development, Dr. Nkechi Mba, also said ‘Food is not merely for sustenance or a commodity; it is a fundamental human right.’

    Bello in his keynote address at the event held at Novel Suite Rayfield Jos on Thursday noted that the Commission has a statutory responsibility to protect and promote the interest and welfare of consumers as well as ensure fair competition.

    He said, “Ensuring the quality and safety of what we eat is not a responsibility that rests solely with regulators or manufacturers, it is a shared commitment.”

    He pointed out that the issues of food quality standards, safety, and fair business practices are more pressing than ever, but we continue to witness alarming trends like the forceful ripening of fruits using harmful chemicals such as calcium carbide, adulteration of food products with dangerous additives and preservative chemicals such as bromate, and improper handling and contamination across the food value chain.

    “These practices not only endanger the lives of millions of Nigerians, but they also erode consumer trust and sabotage the integrity of our food systems.”

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    He stressed that the FCCPC, as the apex consumer protection body in Nigeria, has the statutory mandate to promote consumer interests, ensure fair market practices, and prevent exploitative or dangerous conduct in all sectors of the economy, including the food and agricultural sector.

    He told stakeholders at the event that they are critical to the nation’s food security and health, as they say, “you are what you eat”. Therefore, you all have the responsibility and duty of care to the public as every product you put on the shelves for consumers affects a family or a community positively or negatively.

    “Let it be known that any operator who places profit over public safety will face the full wrath of the law.

    “To the food industry stakeholders: note that the future of your businesses depends on your integrity. Upholding food safety and quality is not only a legal obligation but a moral duty.

    “To the consumers: note that knowledge is power. Be vigilant, be informed, and demand the standards you deserve. When you are empowered, you help elevate the entire system by rewarding businesses that act responsibly and discouraging those that cut corners.”

  • Senate okays Odion, Rabiu as Executive Commissioners of FCCPC

    Senate okays Odion, Rabiu as Executive Commissioners of FCCPC

    The Senate yesterday confirmed the nomination of Mr. Louis Odion, a former Senior Technical Assistant on Media to ex-Vice President Yemi Osinbajo, for appointment as Executive Commissioner (Operations) of the Federal Competition and Consumer Protection Commission (FCCPC).

    The Red Chamber also confirmed Hajia Ummusalma Isiyaka Rabiu for appointment as Executive Commissioner, Corporate Services of the FCCPC.

    The resolutions of the Senate followed its consideration and adoption of the report of the Senate Committee on Trade and Investment, chaired by Senator Umar Sadiq.

    President Bola Ahmed Tinubu had forwarded the names of the nominees to the Senate for screening and confirmation.

    Read Also: Senate confirms Odion, Rabiu as FCCPC executive commissioners

    Odion, a veteran journalist and former Commissioner for Information in Edo State, will serve as Executive Commissioner (Operations), while Ummusalma Isiyaka Rabiu from Kano State will take up the position of Executive Commissioner (Corporate Services).

    Presenting the committee’s report, Sadiq said both nominees were found qualified for the positions, having demonstrated “competence, integrity, and a sound understanding of consumer protection and market regulation”.

    The Senate, after adopting the report, unanimously confirmed both nominees through a voice vote.

    Also yesterday, the Senate Committee on Judiciary, Human Rights and Legal Matters, chaired by Senator Adeniyi Adegbonmire, presented its report on the screening of Prof. Yusuf Mohammad as Commissioner of the Nigerian Law Reform Commission (NLRC), representing the North East geopolitical zone.

    According to Adegbonmire, the nominee met all constitutional requirements and possessed the experience necessary to contribute meaningfully to ongoing efforts to update and reform Nigeria’s body of laws.

  • Senate confirms Odion, Rabiu as FCCPC executive commissioners

    Senate confirms Odion, Rabiu as FCCPC executive commissioners

    The Senate on Wednesday confirmed the nomination of Mr. Louis Odion, a former Senior Technical Assistant on Media to ex-Vice President Yemi Osinbajo, as Executive Commissioner (Operations) of the Federal Competition and Consumer Protection Commission (FCCPC).

    Also confirmed was Hajia Ummusalma Isiyaka Rabiu for appointment as Executive Commissioner (Corporate Services) of the FCCPC.

    The confirmation followed the consideration and adoption of the report of the Senate Committee on Trade and Investment, chaired by Senator Umar Sadiq.

    President Bola Ahmed Tinubu had earlier forwarded the names of both nominees to the Senate for screening and confirmation.

    Odion, a veteran journalist and former Commissioner for Information in Edo State, will oversee operations at the commission, while Ummusalma Isiyaka Rabiu from Kano State will handle corporate services.

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    Presenting the committee’s report, Senator Sadiq said the nominees were found competent and qualified, having demonstrated “integrity, professionalism, and a sound understanding of consumer protection and market regulation.”

    He added that their appointments align with the administration’s goal of promoting fair competition and protecting consumer rights in Nigeria’s growing digital and commercial sectors.

    The Senate adopted the committee’s report and confirmed both nominees through a unanimous voice vote.

    In a related development, the Senate Committee on Judiciary, Human Rights and Legal Matters, chaired by Senator Adeniyi Adegbonmire, also presented its report on the screening of Professor Yusuf Mohammad as Commissioner of the Nigerian Law Reform Commission (NLRC), representing the North East geopolitical zone.

    Adegbonmire noted that the nominee met all constitutional requirements and possessed the experience needed to contribute to the ongoing reform of Nigeria’s legal framework.

    He said, “The committee found Professor Yusuf Mohammad to be eminently qualified and of proven integrity. His appointment will strengthen the capacity of the Nigerian Law Reform Commission to review outdated statutes and harmonise them with current realities.”

    The chamber subsequently approved his nomination after a motion for confirmation was moved and adopted without objection.

  • Optasia: Why Nigeria must defend FCCPC’s digital lending regulations

    Optasia: Why Nigeria must defend FCCPC’s digital lending regulations

    By Ayodele Adio

    Last week, I explained how telecom giants are lobbying lawmakers and senior government officials to suspend the Federal Competition and Consumer Protection Commission (FCCPC)’s new digital lending regulations, reforms designed to give Nigerian fintechs a fair chance in a space long dominated by foreign players.

    Now, Reuters has confirmed what’s really at stake.

    According to its recent report, Optasia, the South African parent company of Nairatime Nigeria Ltd, is preparing to raise up to 6 billion rand ($375 million) through an Initial Public Offering (IPO) on the Johannesburg Stock Exchange. For context, Optasia exclusively powers MTN’s airtime and data lending business (XtraTime) in Nigeria, one of the largest and most lucrative micro-lending operations on the continent.

    Between 2019 and 2023, MTN reportedly earned an estimated ₦5.6 trillion from airtime and data lending alone. Optasia, through Nairatime, took roughly 25% of that value, amounting to billions of naira annually, extracted quietly from Nigerian consumers and from fintech opportunities that could have gone to local innovators. And yet, while this enormous wealth was created here in Nigeria, from Nigerian users, using Nigerian networks, not a single kobo of that value will stay here. The IPO will happen in South Africa, with no opportunity for Nigerian pension funds, retail investors, or fintech entrepreneurs to participate in the value they helped create.

    This isn’t just capital flight. It’s value flight. And it exposes exactly why Nigeria needs the FCCPC’s new Digital Lending Regulations.

    What the New Law Actually Does

    Contrary to what the telcos claim, the new regulations don’t punish innovation, they democratize opportunity. Under the FCCPC framework, no telecom company can maintain a single exclusive foreign partner for digital lending. At least one Nigerian-owned company must be part of every partnership. Additionally, all players must register and report to the FCCPC for transparency, consumer protection, and fair market competition.

    The intention is to ensure that Nigeria’s digital economy captures a fair share of the value it creates. By doing so, the FCCPC is protecting not just consumers, but also the long-term viability of our fintech ecosystem, ensuring that wealth generated locally is partly retained within our borders.

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    The irony is hard to miss. MTN has backed Optasia’s expansion into 14 African countries, giving the South African firm privileged access and scale across the continent. Yet, the same cannot be said of MTN’s support for local Nigerian fintech startups. Despite operating in Africa’s largest economy and most vibrant tech ecosystem, MTN has consistently preferred foreign technical partners for its high-value digital lending products, leaving Nigerian innovators locked out of the value chain.

    So, when the FCCPC steps in to level the playing field, these same corporate giants cry foul, claiming the rules will “disrupt operations.” But what’s really being disrupted isn’t innovation, it is monopoly, opacity, and unchecked profit extraction.

    Nothing illustrates this danger more vividly than Optasia’s upcoming IPO. Nigeria creates the value, foreign firms capture it, and then list it abroad, locking Nigerians out of wealth they helped build. It’s a familiar story, the same extractive pattern that haunted Nigeria’s oil sector for decades, now re-emerging in the digital economy. Only this time, it’s happening through algorithms, data, and APIs instead of oil rigs and barrels.

    This is digital colonialism, where the market is local, but the profits are foreign.

    Why the FCCPC Must Stand Firm

    The FCCPC’s new regulations represent one of the most patriotic and pro-growth policy moves Nigeria has seen in the fintech space in years. They aim to ensure Nigerian fintechs thrive in fair competition, protect consumers from exploitative lending practices and guarantee that Nigeria retains a share of the digital wealth generated within its economy.

    If we bow now to corporate lobbying and foreign pressure, the message will be devastatingly clear, which is that no matter how innovative you are as a Nigerian founder, the market still belongs to outsiders. That’s not just bad economics, it’s bad nation-building. But Nigeria has a chance to chart a new course, one where innovation and inclusion go hand in hand, where value creation and value retention coexist.

    The government must therefore stand firm, reject the lobbying, and fully implement the FCCPC digital lending regulations. Nigeria cannot continue to be the field where others harvest without planting.

    *Courtesy: TechCabal

  • FCCPC backs Central Bank’s 48-hour refund for customers

    FCCPC backs Central Bank’s 48-hour refund for customers

    The Federal Competition and Consumer Protection Commission (FCCPC) has announced its support for the Central Bank of Nigeria’s (CBN’s) draft guidelines requiring all banks to refund customers’ money in cases of failed Automated Teller Machine (ATM) transactions within 48 hours.

    In a statement by its Director of Corporate Affairs, Ondaje Ijagu, the FCCPC said the exposure of the CBN’s Draft Guidelines on the Operations of Automated Teller Machines (ATM) in Nigeria followed the commission’s Consumer Complaints Data Report published last month.

    “The report, which covered the period from March to August 2025, showed that the banking and Fintech sectors accounted for the highest number of complaints nationwide, over 3,000 cases in banking alone, with about N10 billion recovered for customers across 30 sectors,” the statement said.

    The findings highlighted recurring issues, such as failed transactions, unauthorised deductions, and delayed refunds, all of which the CBN draft guidelines seek to address.

    FCCPC’s Executive Vice Chairman and Chief Executive Officer, Mr. Tunji Bello, described the proposal as a timely and long-awaited correction to a persistent consumer challenge.

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    He noted that even at the draft stage, it demonstrates stronger alignment between regulatory agencies committed to consumer protection.

    “It is consistent with what the FCCPC has been advocating, given the number of complaints we receive about failed transactions. We commend the CBN for this decisive step, which will ease the burden on consumers and rebuild trust in financial services,” Bello said.

    The commission stated that the proposed directive was consistent with the provisions of the Federal Competition and Consumer Protection Act (FCCPA) 2018, particularly Sections 17(g), (h), (l), (s), and (t). These sections mandate the elimination of unfair practices, the promotion of fair dealings, the resolution of consumer complaints, the protection of consumer interests across all sectors, and the adoption of measures to ensure that goods and services are safe for their intended use.

    “The commission advocates the prompt adoption and implementation of the proposed directive, as its early enforcement would provide immediate relief to consumers who continue to experience delayed or unresolved electronic transaction reversals. Timely adoption would also reinforce accountability within the banking sector and demonstrate a shared regulatory commitment to fairness, efficiency, and consumer confidence.

    “To make the policy effective, the FCCPC will work with the CBN to establish systems for monitoring compliance and ensuring timely redress when banks fail to meet the 48-hour deadline. The commission maintains that closer collaboration among regulators will lead to faster resolutions, prevent recurrence, and strengthen consumer confidence in Nigeria’s growing digital economy,” Bello added.

    The statement explained that under the proposed directive, consumers with unresolved ATM or electronic transaction issues would first be required to report to their banks or the CBN. If the issues remain unresolved, the customers would escalate their complaints to the FCCPC through the Complaint Portal (complaints.fccpc.gov.ng), by email (contact@fccpc.gov.ng), or by calling 08056002020.

  • FCCPC warns against chemically ripened fruits, adulterated food

    FCCPC warns against chemically ripened fruits, adulterated food

    The Federal Competition and Consumer Protection Commission (FCCPC) on Tuesday organised a sensitisation campaign in Kano to raise awareness about the dangers of consuming chemically ripened fruits, adulterated meat, and contaminated grains.

    The workshop, held at Gidauniya Hall of the Kano Foundation, focused on promoting food quality standards, safety regulations, and fair business practices in the food sector.

    FCCPC Executive Vice Chairman, Olatunji Bello, described access to safe, nutritious, and unadulterated food as a vital pillar of public health, economic growth, and national security.

    Bello, represented by the Director of Quality Assurance and Development, Dr. Nkechi Mba, noted that ensuring food safety is a shared responsibility involving regulators, manufacturers, and consumers alike.

    He expressed concern over the growing trend of harmful food practices, particularly the forceful ripening of fruits with dangerous chemicals such as calcium carbide, which contains toxic traces of arsenic and phosphorus.

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    The campaign forms part of the commission’s ongoing efforts to safeguard consumer health and ensure compliance with food safety standards across the country.

    “Adulteration of food products with dangerous additives and preservative chemicals such as bromate, Sudan red colorant, sniper and formalin.

    “Improper handling and contamination across the food value chain, from farm to table such as poor storage conditions, unhygienic environment, poor waste disposal, exposure of food stuffs to flies, insects and rodents etc.

    “These practices not only endanger the lives of millions of Nigerians, but they also erode consumer trust and sabotage the integrity of our food systems.

    “The FCCPC, as the apex consumer protection body in Nigeria, has the statutory mandate to promote consumer interests, ensure fair market practices, and prevent exploitative or dangerous conduct in all sectors of the economy including the food and agricultural sector,” Bello stated.

    The Director, Consumer and Business Education, Yahaya Garba Kudan, said the food industry-forced ripening of fruits, adulterated palm oil, contaminated meat, and grains were issues that affect, not only people’s health and well-being but also the integrity of the nation’s food supply chain.

    “It is disturbing to note the increasing incidences of harmful practices in food production and processing. These practices not only pose significant health risks but also undermine consumer trust in the food industry,” Kudan said.

    He noted that FCCPC was committed to protecting consumers and ensuring that they have access to safe and high-quality food, and the programme was a testament to the commission’s dedication to educating and empowering consumers, farmers, vendors, and all stakeholders involved in the food supply chain.

    The programme featured experts who shared insights on how to identify and prevent the harmful practices.

    “To all stakeholders present: farmers, food processors, vendors, and business owners, you are critical to the nation’s food security and health, as they say, “you are what you eat.

    “Therefore, you all have the responsibility and duty of care to the public as every product you put on the shelves for consumers affects a family or a community positively or negatively. Abstain from the use of harmful substances in food processing,” the director told the participants.

    The commission said it was collaborating with relevant agencies, such as National Agency for Food and Drug Administration and Control (NAFDAC), Standards Organisation of Nigeria (SON), Federal Ministry of Health and Social Welfare (FMOSW), Federal Ministry of Agriculture and Food Security (FMAFS) and State and Local Government Health and Agriculture authorities to improve compliance with food safety laws and consumer rights.

  • FCCPC recovers N10bn as banking, fintech top consumer complaints

    FCCPC recovers N10bn as banking, fintech top consumer complaints

    The Federal Competition and Consumer Protection Commission says banking and fintech services topped consumer complaints in Nigeria between March and August.

    The Commission also said that it recovered over N10 billion for aggrieved customers.

    The Commission disclosed in a statement by Mr Ondaje Ijagwu, its Director of Corporate Affairs,  that it received complaints across 30 sectors.

    It said the banking sector recorded 3,173 complaints, leading the list, followed by fast-moving consumer goods with 1,543, fintech with 1,442, and electricity with 458 cases.

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    Other key sectors included e-commerce (412), telecommunications (409), retail/wholesale (329), aviation (243), IT (131), and road transport/logistics (114).

    It added that during the period under review, 9,091 cases were resolved, reflecting the Commission’s expanding role in protecting consumer rights.

    “This data covers consumer grievances ranging from unfair charges, service failure, unauthorised deductions, deceptive marketing, poor disclosure of terms, product defects, and failure to provide redress within acceptable timelines”.

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    “The total number of complaints resolved during the reporting period was 9091, while total recoveries for consumers exceeded N10 billion (Ten Billion Naira), reflecting both the scale of harm experienced and the significant financial burden borne by consumers in the absence of effective redress”.

    “The publication of sector-specific complaint data aligns with the Commission’s mandate under Sections 17(a), 17(j) of the FCCPA 2018, which empower it to enforce consumer protection laws and make information on its functions available to the public”.

    It said that the report showed that banking and fintech complaints accounted for the largest financial impact, with issues ranging from loan deductions, unfair charges, and transaction disputes.

    It added that electricity sector complaints reflected persistent billing disputes and poor service delivery, while e-commerce grievances, though lower in value, underscored the frequency of problems with refunds, deliveries, and counterfeit goods.

    It noted that the spike in digital lending and microfinance-related disputes aligns with its recent regulations to curb abuses in the digital lending sector.

    The commission said it would continue to intensify its monitoring, enforcement, and collaboration with regulators, especially in financial services and utilities, where consumer vulnerabilities remain high.

    Consumers are also urged to continue reporting complaints through the FCCPC portal: complaints.fccpc.gov.ng, as every report aids in identifying systemic problems and enforcing compliance

    Commenting on the findings, Executive Vice Chairman/Chief Executive Officer of the FCCPC, Mr Tunji Bello, said the figures highlight the daily struggles faced by Nigerians in essential services.

    He said, “These numbers are not just statistics; they tell the story of consumer frustration, and the daily challenges Nigerians face in essential services”.

    “However, the FCCPC is determined to hold businesses accountable, ensure compliance with the FCCPA, and promote fair market practices that protect the welfare of all consumers.”

    Earlier this year, the commission had clarified its role as a regulatory agency focused on overseeing competition and consumer protection.

    Bello explained that the commission’s role is to intervene in any sector if a company fails to deliver the service paid for without recourse to the technical issues in the sector.