Two regulators unite: CAC and NCC collaborate for transparency and economic growth

Business

ABUJA, NIGERIA (NPA) — March 25, 2026: The Corporate Affairs Commission (CAC) has entered into a strategic partnership with the Nigerian Communications Commission (NCC), aimed at boosting transparency and driving sustainable economic growth.

The announcement was made in Abuja during a courtesy visit by the Executive Vice Chairman/CEO of NCC, Dr. Aminu Maida, to the Registrar-General/CEO of CAC, Hussaini Ishaq Magaji, SAN.

According to a statement from CAC, the meeting focused on two key areas of collaboration. Dr. Maida commended CAC’s remarkable strides in digitization and expressed NCC’s readiness to leverage CAC’s expertise to strengthen its licensing processes. He emphasized the importance of ensuring compliance with the Nigerian Communications Act, 2003, particularly regarding shareholding and control structures within licensed companies.

Dr. Maida stressed that closer collaboration with CAC would guarantee greater transparency and efficiency in NCC’s operations.

Responding, CAC’s Registrar-General, Hussaini Ishaq Magaji, SAN, highlighted the shared ideals of both regulators in promoting economic growth. He noted that CAC, in line with the Renewed Hope Initiative of the current administration, is already partnering with other regulatory bodies to enhance service delivery. Magaji showcased several CAC products and services that NCC could adopt to improve its operations and pledged full support to NCC’s requests for enhanced collaboration.