Tinubu Did Not Approve New Airtime Credit Operators

The Federal Competition and Consumer Protection Commission (FCCPC) in Nigeria has denied reports that President Bola Tinubu approved nine new airtime credit operators. The commission clarified that it was not involved in any such proposal and noted that the relevant regulatory framework is currently suspended by court order.
Why it matters
This correction addresses misinformation regarding government policy and regulatory oversight in the Nigerian fintech sector.
FCCPC Director of Corporate Affairs, Ondaje Ijagwu
The article is a factual correction of a news report, citing official statements from a government regulatory body.
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