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Morgan Cole Partners > Uncategorized
09 October
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NCC to Sanction Starlink for Unauthorized Price Hike: A Critical Analysis of the Regulatory Implications

Posted by Morgan Cole Partners
in Uncategorized

The Nigerian Communications Commission (NCC) has commenced regulatory action against Elon Musk's Starlink for breaching the Nigerian Communications Act (NCA) 2003 by reviewing its prices without obtaining prior approval from NCC. This development highlights both the regulatory challenges and the responsibilities that foreign tech companies face when operating in Nigeria. Starlink’s decision to raise its monthly subscription fees from N38,000 to N75,000 and its hardware costs from N440,000 to N590,000 has sparked concern among the Nigerian public and regulators, particularly in terms of affordability and fair pricing standards. Understanding the Regulatory Breach The Nigerian Communications Act (NCA) 2003 provides a legal framework...

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13 September
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PRICE CONTROL IN NIGERIA: THE ROLE OF THE FEDERAL COMPETITION AND CONSUMER PROTECTION COMMISSION

Posted by Morgan Cole Partners
in Uncategorized

PRICE CONTROL IN NIGERIA: THE ROLE OF THE FEDERAL COMPETITION AND CONSUMER PROTECTION COMMISSION INTRODUCTION/CONCEPT OF PRICE CONTROL Price control refers to government intervention in the marketplace to regulate the prices at which goods and services can be sold.[1] It is essentially establishing a minimum or maximum limit on the price of a good or service, preventing prices from falling below or rising above these set thresholds. Price control in Nigeria has been implemented at various times in an attempt to curb inflation, protect consumers, and ensure access to essential goods, particularly during times of economic hardship. By regulating the cost of...

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24 July
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Data privacy violation and market abuse.

Posted by Morgan Cole Partners
in Uncategorized

FEDERAL COMPETITION & CONSUMER PROTECTION COMMISSION (FCCPC) FINES META $220M FOR DATA PRIVACY VIOLATIONS & MARKET ABUSE In a groundbreaking move, the FCCPC has imposed a monumental fine of $220 million on Meta, the parent company of Facebook. This fine is a direct consequence of Meta's data privacy violations and market abuse. This marks a significant milestone in the enforcement of data protection laws in Nigeria WHY THIS MATTERS? With the rapid expansion of digital platforms, the protection of personal data has become more crucial than ever. This decisive action sends a powerful message to global tech giants that they must comply with...

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13 November
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UNLOCKING NIGERIA’S ENERGY TRANSITION POTENTIAL

Posted by Morgan Cole Partners
in Cultural Schemas, High Pressure, Legal Advice, Necessary Forms, Pro Bono Work, Training, Uncategorized

Nigeria, with its vast energy resources, is at a crucial crossroads in its journey towards cleaner and more sustainable energy sources. In 2022, the nation launched its much-anticipated Energy Transition Plan, aiming to reduce emissions and harness the power of natural gas. However, despite decades of planning, only a mere $1 billion of the planned $80 billion has been committed to these transformative projects. Civil society organizations, including the African Initiative for Transparency, Accountability, and Responsible Leadership, and the Natural Resource Governance Institute, came together in a policy dialogue in Abuja. Their message was clear: Nigeria declared the 2020s as the...

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