The Nigerian Communications Commission (NCC) and the National Lottery Regulatory Commission (NLRC) has in Abuja set up a committee to work towards the protection of the interest of telecom consumers against malpractices that may attend mobile lotteries in the country.
The Committee, which was inaugurated at the NCC Head Office in Abuja, was tasked with articulating measures to address mutual regulatory issues, including the review of revenue-sharing formula between Mobile Network Operators (MNOs) and lottery operators.
The NCC’s Executive Commissioner, Stakeholder Management (ECSM), Mr. Adeleke Adewolu, who presided at the meeting comprising senior staff of the two agencies, recalled fondly previous engagements between the agencies and stated that the committee was important in order to review and update an NCC-NLRC Memorandum of Understanding (MoU), which was signed on the 6th of August 2018 but has now expired.
The ECSM said the Commission is committed to regulatory collaboration and strategic partnerships and has reviewed NLRC’s requests and is convinced that both organisations can address issues and other concerns that have been identified in the operation of lotteries in the telecom industry.