The Nigerian Communications Commission (NCC) said that many traders are falling victim to fraud because they are unaware of events in the telecom space.
It said there has been an increase in the number of complaints about money being lost to frauds by telecom subscribers.
The telecom regulator, therefore, advised telecom consumers on various ways to keep safe on their phones.
The Head of Consumers Affairs at NCC, Mr. Ayanbanji Ojo, stated this at the NCC consumers sensitization program held at Agodi-Gate motors spare parts market on Thursday in Ibadan.
Ojo said that the commission had received several complaints of financial fraud through telecoms platforms, and that informed the decision to sensitize the traders on the various ways to protect themselves against frauds being perpetrated over telecom networks.
He said the event themed “Shine Your Eyes, No Fall Mugu”, was to bring to the attention of the vulnerable traders recent happenings in the telecom space and to expose them to different tricks being used by fraudsters to defraud telecom users.
Market men and women at Araromi motor spare part, Agodi Ibadan then urged the Nigeria Communication Commission, NCC to sustain its sensitization campaign on possible ways of identifying activities of fraudsters on mobile phones.
They made the call in Ibadan at a sensitization programme tagged “Shine your eyes – No Fall Mugu” the third in the series of customer awareness campaigns of the NCC this month.
Speaking on behalf of the traders, the President of Ibadan Motor Parts Dealers Association, Mr Olanrewaju Ishola who gave kudos to the commission for bringing such an educative program to the market, said the initiative would continue to make positive impact on Telecom subscriber.
Earlier, the head of the consumer Affairs Bureau, NCC, Mr Ayobamiji Ojo stressed the need to monitor the telecommunication industry as the commission has received over twenty thousand fraud related complaints.
He said telecom consumers should approach their network providers to resolve their complaints, saying if unresolved, customers should approach the commission by dialling 622 toll-free number.