House of Reps' Oversight on DEON Regulations Raises Concerns
The House of Representatives' actions on the Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations, 2025 (DEON Regulations) have raised concerns about its oversight duties. The Special Ad-Hoc Committee's letter purporting to place the regulations 'in abeyance' has been deemed unconstitutional by the Federal Competition and Consumer Protection Commission. This has created an impression that the Committee is undermining the laws passed by the National Assembly. The DEON Regulations remain valid and enforceable, and the House's actions have inadvertently given dominant telecommunications companies an undue advantage. Will the House reaffirm the enforceability of the regulations and restore confidence in parliamentary governance?