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WASPAN accused the FCCPC of approving four additional firms under the DEON Consumer Lending RegulationsThe association argues that granting approvals under the framework undermines the court’s directiveFCCPC has not responded to the allegations, while WASPAN insists that consumer protection reforms must be implemented
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The Wireless Application Service Providers Association of Nigeria (WASPAN) has accused the Federal Competition and Consumer Protection Commission (FCCPC) of approving additional firms under its Digital Economy and Online Lending (DEON) Consumer Lending Regulations despite a court order and the commission’s own suspension of the framework.
FCCPC faces fresh criticism as WASPAN alleges violation of court orders over digital lending approvals. Photo: FCCPCSource: Getty Images
In a statement on Friday, WASPAN said the FCCPC recently expanded the list of approved operators under the DEON framework from
