NCC Should Stop Commenting on 9Mobile Sale
Daily, we keep reading from the Nigerian Communications Commission (NCC) about the ongoing sale process in 9Mobile. To my knowledge, 9Mobile is not a public institution that requires BPE (Bureau of Public Enterprises) and perhaps NCC to assist. Why can’t we just allow 9Mobile and its partners to deal with their free enterprise thing?
The Nigerian Communications Commission (NCC) has assured that the sales of 9mobile will be over within 30-40 days, even as it warned the general public to desist from relying on unconfirmed reports.
“The controversy and unconfirmed reports have made 9mobile subscribers to drop from 21million to 17 million in the last few months, but I will advise us to wait for another 30-40 days and we will have clarity on the sales process,” Mr. Sunday Dare, Executive Commissioner, Stakeholder Management at NCC.
As the regulator, NCC should stop talking. Let 9Mobile handle its business and when it is done, all the partners will communicate to NCC and file the necessary papers. I do not understand why NCC is commenting on this.
The best they should say is that market is working, and that it is waiting to get updates when Barclays Africa, the banks, 9Mobile and the new buyers are done. The issue of promising “30-40 days” closure of a sale of a private company is not necessary. It makes people think that someone, somewhere is programming this 9Mobile sale to a pre-arranged outcome.
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