Categories: TELECOMMUNICATIONS

Consumer Interest: NCC, CBN Set To Roll Out Refund Framework For Failed Airtime, Data Transactions

Consumer Interest

OpenLife Nigeria reports that in line with the consumer-focused objectives of the Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN), the two regulators have drawn up a framework to address consumer complaints arising from unsuccessful airtime and data transactions during network downtimes, system glitches, or human input errors.

The framework, according to a statement signed by Nnenna Ukoha, Head, Public Affairs of the
Nigerian Communications Commission and made available to OpenLife, is the outcome of several months of engagements involving the NCC, the CBN, Mobile Network Operators (MNOs), Value Added Service (VAS) providers, Deposit Money Banks (DMBs), and other relevant stakeholders.

The statement added that these engagements were prompted by a rising incidence of failed airtime and data purchases, where subscribers were debited without receiving value and experienced delays in resolution.

The Framework represents a unified position by both the telecommunications and financial sectors on addressing such complaints. It identifies and tackles the root causes of failed airtime and data transactions, including instances where bank accounts are debited without successful delivery of services.

It also prescribes an enforceable Service Level Agreement (SLA) for MNOs and DMBs, clearly outlining the roles and responsibilities of each stakeholder in the transaction and resolution process.

Under the new framework, where a purchaser is debited but fails to receive value for airtime or data—whether the failure occurs at the bank level or with an NCC licensee—the purchaser is entitled to a refund within 30 seconds, except in circumstances where the transaction remains pending, of which the refund can take up to 24 hours.

The framework further mandates operators to notify consumers via SMS of the success or failure of every transaction. It also addresses erroneous recharges to ported lines, incorrect airtime or data purchases, and instances where transactions are made to the wrong phone number, NCC said.

Speaking on the development, the Director of Consumer Affairs at the NCC, Mrs. Freda Bruce-Bennett disclosed that the framework also establishes a Central Monitoring Dashboard to be jointly hosted by the Nigerian Communications Commission and the Central Bank of Nigeria.

According to her, the dashboard will enable both regulators to monitor failures, the responsible party, refunds, and track SLA breaches in real time.

“Failed top-ups rank among the top three consumer complaints, and in line with our commitment to addressing these priority issues, we were determined to resolve it within the shortest possible time,” she said.

“We are grateful to all stakeholders—particularly the Central Bank of Nigeria and its leadership—for their tireless commitment to resolving this issue and arriving at this framework, and for ensuring that consumers of telecommunications services receive full value for their purchases.

“So far, pending the approval of management of both regulators on the framework, MNOs and banks have collectively made refunds of over N10 billion to customers for failed transactions.”

Mrs. Bruce-Bennett further noted that implementation of the framework is expected to commence on March 1, 2026, once the two regulators have made final approvals, and technical integration by all MNOs, VAS providers and DMBs is concluded.

CBN Headquarters in Abuja
Share This
Openlife Reporter

Recent Posts

Problems Of Nigeria’s 2027 And Seven Premium Solutions—Cardinal Onaiyekan

At the 22nd All Nigeria Editors Conference in Enugu, Catholic Archbishop Emeritus John Cardinal Onaiyekan…

4 hours ago

Untidy ADC’s Presidential Campaign Council Raises Questions As Nominees Reject Appointment

Controversy trails Atiku Abubakar's newly unveiled ADC Presidential Campaign Council after former CBN Deputy Governor…

6 hours ago

El-Rufai, Hayatu-Deen Make Atiku’s Presidential campaign Council

Atiku Abubakar appoints Nasir el-Rufai as DG and Mohammed Hayatu-Deen as Policy Chief of ADC…

20 hours ago

They Showed Me CAC, EFCC, Export Certificates And Scammed Me Of N500m — Victim  Of Alleged Fraud Tells Court

A prosecution witness, Ikechukwu Chikelum, told Justice Ekerete Akpan of the Federal High Court, Abuja,…

21 hours ago

Unresolved Rainbow Coalition Simmering Crisis Fractures Tinubu’s Campaign Team As APC Governors Explore Alternative Relationship In Opposition Camps

Aggrieved APC governors are allegedly exploring an alliance with Atiku Abubakar's ADC to counter FCT…

1 day ago

Former Aviation Minister, Femi Fani-Kayode, Risks US Visa Ban, $36m Fine If Found Guilty Of Alleged Threat In US Court

Former Aviation Minister Fani-Kayode to face $36m lawsuit in US court over alleged kidnap threats…

2 days ago

This website uses cookies.