FG to Review National Telecom Policy, NCC to Disclose MNOs’ Quarterly Performance Reports

OghenevwedeOhwovoriole

The Ministry of Communications, Innovation and Digital Economy and the Nigerian Communications Commission (NCC) are collaborating to review the 2000 Telecoms Policy.

This comes as the Commission plans quarterly disclosure of information on the quality performance of the Mobile Network Operators (MNOs).

The NCC Executive Vice Chairman (EVC), Dr. Aminu Maida,  made the disclosure at a media engagement yesterday, in Abuja, where he stated that the process of reviewing the policy had commenced.

“Since the National Telecom Policy 2000, you will be pleased to know that we have started engagements with the ministry to revise the telecom policy, because as per the act, the NCA 2003, we are to guide and provide input to the National Telecoms policy. But it’s driven by the ministry.

“That process has started and that was also contained in the Honorable Minister AbudzunTidjani’s strategic blueprint, which he released early when he assumed office.

“So, we need to let Nigerians know all our operators who is first, second, and third.

“And you know what that would do. The person who came last, will be in trouble with his board. He will have to go and explain to his board. Or it will be an opportunity for him to tell his board, I need that investment that you have been denying me.

“We want to complement it with an information disclosure approach as well to drive that competitiveness. So, that is why you’ve seen us increasingly releasing information, taking the bold step to make corrections to some of our data points, whether it’s the population rebasing we did, or posting in same linkage policy conclusion on the audit we did to adjust the numbers, which unfortunately led to one of the operators dropping significantly,” he said.

According to him, NCC’s approach moving forward would witness a lot of information disclosure, adding that by the end of this month or sometime early in September, there will be a release of a public map for network performance.

This, he noted, was based on “information that is aggregated from all of us as consumers.”

“So, all the performance data as you’re using your devices is uploaded to the network. So, this is independent data for you. It’s going to be aggregated and we’re going to put it on the map, which is going to be available publicly

“We’re going to be doing quarterly performance reports based on that data where we’re going to give an extensive analysis of how the networks perform on various indices–all based on real data.

“So state-by-state, there will be an analysis on various performance metrics.

He stated that corporate governance was key to enhanced performance.

“We looked at the indicators of good corporate governance, and then we looked at financial performance, service performance, service delivery performance, and regulatory compliance. The link was clear.

“So, corporate governance for us we see as a very strong tool to also use as part of our information disclosure and transparency approach to this industry,” he added.

On improved quality of service, he noted that “everybody is yearning for improved quality of service and I’ would just like to reassure you that we are working very very hard in very close collaboration with all stakeholders, the operators, the major ones, the MNOs.”

The NCC, he noted, had revised its quality of service guidelines, adding that it no longer just holds the mobile network operators accountable, adding that there are also the Tower Companies (TowerCos) that are not known by a many people, but who provide power and security.

The NCC EVC also stated that there is now a framework that is undergoing review to standardise the operations around top-ups and recharges.

The Head, Public Affairs Department, Mrs. NnenaUkoha, in her welcome address, said the media engagement between the commission and Journalists covering the NCC was to deepen their relationship.

The Director, Consumer Affairs Bureau, NCC, Freda Bruce-Bennett, in her presentation, educated Nigerians on how to manage data usage, such as, turning off autoplay on social media apps and limiting background data consumption, among others.

The post FG to Review National Telecom Policy, NCC to Disclose MNOs’ Quarterly Performance Reports appeared first on THISDAYLIVE.

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    Breaking: Foreign Reserves Hits $41.05bn Amid Improved Macroeconomic Stability, Investor Confidence

    Breaking: Foreign Reserves Hits $41.05bn Amid Improved Macroeconomic Stability, Investor Confidence

    James Emejo in Abuja

    The country’s gross Foreign Exchange Reserves further increased to $41.05 billion, the highest level in over 44 months, demonstrating the continued improvement in macroeconomic indices in recent times.

    A day before, external reserves rose to $41 billion from $40.96 billion on August 18, 2025, showing less volatility over the past one month.

    Compared to about $40 billion, announced by the Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso, as at July 18, external reserves had increased by about 2.62 per cent to date.

    The current movement in reserves represented the highest level recorded since December 3, 2021, and has continued to maintain the upward trajectory in recent weeks.

    Essentially, FX reserve movements are particularly crucial for economic stability, currency strength, import capacity, debt management, and overall investor confidence. Changes in the reserves could signal economic stress or health.

    Amid huge debt service obligations, and revenue challenges, the stability in external reserves movement, coupled with a marked deceleration in inflation rate as well as Naira’s relative stability offer renewed hope for the country about better days ahead.

    The development further attests to the position of the central bank’s management team that monetary policy actions have so far headed in the right direction.

    During the last MPC meeting in July, Cardoso had attested to the sustained stability in the foreign exchange market, accentuated by improved capital flows, earnings from increased crude oil production, rising non-oil exports and significant reduction in aggregate imports.

    He said, “That clearly is a reflection of the way that the international investors view the banking system, and I was again very privileged to have a conversation with a good number of them about three or four weeks before this listing took place.

    “And really and truly, a lot of interest, I must say, a lot of interest internationally, on putting money on the Nigerian financial system.

    “The key thing is that we as regulators will continue to play our part to ensure that the system and the players and the actors continue to do what we are doing, creating resilience, creating buffer, and, of course, playing by the rules, because that is so important for those who are looking to invest that they can believe and they trust in you.”

    The post Breaking: Foreign Reserves Hits $41.05bn Amid Improved Macroeconomic Stability, Investor Confidence appeared first on THISDAYLIVE.

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    James Emejo in Abuja The country’s gross Foreign Exchange Reserves further increased to $41.05 billion, the highest level in over 44 months, demonstrating the continued improvement in macroeconomic indices in
    The post Breaking: Foreign Reserves Hits $41.05bn Amid Improved Macroeconomic Stability, Investor Confidence appeared first on THISDAYLIVE.

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