The Federal Competition and Consumer Protection Commission (FCCPC) has pledged to ensure consumer protection and the elimination of unfair business practices amongst capitalist corporations, in the wake of the recent intent by the telecommunications companies to increase tariff, IgbereTV reports
Babatunde Irukera, the Executive Vice-Chairman/Chief Executive Officer of the Federal Competition and Consumer Protection Commission, made this known on Monday via an interview on AriseTV, monitored by Ripples Nigeria.
Telecommunication businesses represented by the Association of Licensed Telecom Operators of Nigeria (ALTON) had requested price increases for voice calls, SMS, and data last week.
ALTON wrote to the Nigerian Communications Commission (NCC) in a letter noting the rising cost of doing business.
According to ALTON, the proposed price rise for calls will go from N6.4 to N8.95, while the price cap for SMS will go from N4 to N5.61