The legal contest over the Federal Competition and Consumer Protection Commission’s (FCCPC) Digital, Electronic, Online or Non-Traditional Consumer Lending (DEON) Regulations has entered a new phase, with the Wireless Application Service Providers Association of Nigeria (WASPAN) asking the Federal High Court in Lagos to suspend enforcement of the regulations pending the determination of its appeal.
The fresh application is expected to prolong uncertainty over the regulatory framework governing Nigeria’s digital consumer lending and airtime credit ecosystem, a market that has witnessed months of disputes over the scope of the FCCPC’s powers relative to those of the Nigerian Communications Commission (NCC).
WASPAN’s latest move follows the July 20 judgment of the Federal High Court, which upheld the validity of the DEON Regulations while clarifying that the FCCPC’s powers relate to competition and consumer protection, with the NCC retaining exclusive authority to license telecommunications operators.
Justice Ambrose Lewis-Allagoa had dismissed the FCCPC’s
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