NCC remitted N362.34bn in five years  – Danbatta

The Nigerian Communications Commission remitted over N362.34bn as revenue in five years to the federal government’s consolidated revenue account, said the Executive Vice Chairman of the commission, Prof. Umar Danbatta.

He said, “Telecommunications is key to the diversification of the Nigerian economy, as the telecom sector played a dual role of contributing to the gross domestic product and being an enabler to other sectors of the economy.”

However, according to  Danbatta, some of the challenges bedeviling the industry included fixed broadband infrastructure gap, right of way, foreign exchange, vandalism of telecoms infrastructure, electric power supply, multiple taxations, and regulations.

On the fixed broadband infrastructure gap, Danbatta assured that the commission would bolster the existing fibre optic infrastructure across the country by 38,296km through the infraCo project.

On the RoW, the NCC boss disclosed that an engagement with the Nigeria Governors Forum on the adoption of N145/m as RoW fees had yielded results in Kaduna, Katsina, Imo, Ekiti, and Plateau states.

He urged other states to key into the success of the digital economy by reducing RoW fees and other charges targeted at telecom service providers.

Ehime Alex
Ehime Alex
Ehime Alex reports the Capital Market, Energy, and ICT. He is a skilled webmaster and digital media enthusiast.

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