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NCC, CAC unveil new telcos ownership approval rule

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The Nigerian Communications Commission (NCC) and Corporate Affairs Commission (CAC) have introduced a new compliance requirement.

The directive mandates prior approval for significant ownership changes in telecommunications companies operating in Nigeria.

The agencies announced the measure in a joint statement issued on Sunday in Abuja.
The statement was signed by Mrs Nnenna Ukoha, NCC Director of Public Affairs, and Mr Rasheed Mahe, CAC Head of Public Affairs.

Ukoha said telecom companies must obtain a Letter of No Objection from NCC before transferring shares.

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She explained that the approval applies to transfers amounting to 10 per cent of total share capital.
The requirement is based on the Nigerian Communications Act (NCA) 2003 and other relevant regulations.
According to her, the rule takes immediate effect for NCC-licensed companies proposing ownership or control changes.
The measure also covers multiple share transfers that collectively exceed the 10 per cent threshold.
Ukoha said CAC would ensure shareholding change requests have evidence of NCC approval before registration.
She noted that the policy would prevent direct or indirect anti-competitive practices in the sector.
“The requirement is designed to preserve a fair and competitive market structure within the communications sector,” she said.
The NCC official added that the move would strengthen oversight of ownership and control changes.
She said the policy would improve transparency, investor confidence and regulatory certainty in the industry.
According to her, the initiative would safeguard the long-term stability of Nigeria’s communications sector.
Ukoha reaffirmed the commitment of NCC and CAC to a transparent business environment.
She said both agencies would continue working together to promote fair market practices.
The collaboration, she added, would support the orderly and sustainable growth of the communications industry.

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INEC Insists CVR Ends Today

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The Independent National Electoral Commission, INEC, has urged eligible Nigerians to take advantage of the remaining days of the Continuous Voter Registration, warning that the registration window will close on Sunday, July 26, 2026.

In a public notice issued on its X handle on Saturday, the electoral body reminded prospective voters that they could complete their registration online from start to finish through its dedicated CVR portal or visit designated registration centres nationwide for physical assistance.

“Your future won’t wait. Neither should you. The Continuous Voter Registration, CVR, exercise ends Sunday, 26 July 2026,” the commission said.

INEC encouraged Nigerians who require assistance to visit any of its state offices, local government area offices, or designated registration centres to complete the process in person.

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The commission also stated that all registration centres would remain open daily, including weekends, from 9:00 a.m. to 3:00 p.m. until the exercise ends.

“You can complete your voter registration online from start to finish via http://cvr.inecnigeria.org. If you need assistance, visit any INEC State Office, LGA Office, or designated registration centre to complete your registration in person,” the commission added.

The CVR exercise is part of INEC’s preparations for the 2027 general elections. It enables eligible Nigerians and those seeking to update their voter information to be included in the national register of voters.

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Gumi Questions Why No One Has Visited Boko Haram, Bandits to Negotiate Peace

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Controversial Islamic cleric, Sheikh Ahmad Gumi, has questioned why no government official has visited Boko Haram terrorists and bandits to negotiate an end to their violence, the way past leaders engaged Niger Delta militants.

He made the comparison in a Facebook post on Saturday, recalling how former President Goodluck Jonathan and former Vice President Yemi Osinbajo both visited militants in the creeks to broker peace.

Gumi noted that both leaders, at different times, went into the creeks to meet militants and returned with programmes designed to end militancy in the region.

“The former President Jonathan visited Delta militants in the creeks, so also the former Vice President Osinbajo. They all came up with a program to tame the militants,” he wrote.

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The cleric then asked who would extend similar engagement to Boko Haram and bandits terrorising parts of northern Nigeria without facing public backlash.

“Who is going to visit BH and Bandits to tame them without fools castigating them?” he asked.

Gumi has for years positioned himself as an advocate for dialogue with armed groups in the North-West and North-East, repeatedly visiting bandit camps in Zamfara and other states to hear their grievances.

He has consistently argued that negotiation, rather than military force, worked to end militancy in the Niger Delta and should be replicated in the North.

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The cleric’s interventions have drawn both support and criticism. While some Nigerians accuse him of legitimising armed groups responsible for kidnapping, killings and cattle rustling, others credit his engagements with securing the release of kidnap victims.

The retired military officer has repeatedly denied backing terrorism, insisting his advocacy is aimed solely at ending the bloodshed through dialogue and rehabilitation.

The Niger Delta amnesty programme, launched in 2009 under the late President Umaru Yar’Adua and sustained by Jonathan, saw thousands of militants disarmed in exchange for training, stipends and reintegration support. The programme significantly reduced attacks on oil infrastructure in the region.

Jonathan first waded into the Niger Delta crisis in 2007 as vice-president, entering the creeks without an armed detail to meet ex-militant leader Government Ekpemupolo, popularly known as _Tompolo_, in Warri, Delta State.

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He later said the meeting laid the groundwork for the amnesty programme granted to militants, which remains in place today.

Osinbajo similarly toured Niger Delta communities as acting president in 2017, engaging militants and traditional leaders directly. 

He justified the outreach by arguing that those in the creeks were citizens with genuine grievances, not merely security threats.

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Photo news: Gov Fubara performs groundbreaking/ foundation laying ceremony of Riven Medical Industries Project at Rumuosi, Port Harcourt

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L-R: Managing Director, Enbay Pharmaceutical Industries Ltd, Mr Eniye Oweifie; Chairman, Obio-Akpor LGA, Dr Gift Worlu; Director Medical Services/Ag. Permanent Secretary, Rivers State Ministry of Health, Dr Vincent Wachukwu; Governor of Rivers State, His Excellency, Sir Siminalayi Fubara and Deputy Governor, Rivers State, Prof Ngozi Odu, during the groundbreaking/ foundation laying ceremony of the Riven Medical Industries Project at Rumuosi, Port Harcourt last Wednesday.

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