NCC Archives - Page 7 of 37 - Business Metrics

NCC, Moniepoint, Back NITRA FINTECH Forum

As the industry media body, the Nigeria Information Technology Reporters Association (NITRA), prepares for its stakeholders engagement event, the NITRA FINANCIAL TECHNOLOGY (FINTECH) FORUM 2023, Nigeria’s...

Telecoms1 year ago

NCC Restores Regulatory Services to Globacom after Paying N154BN Debt

The Nigerian Communication Commission (NCC) has restored regulatory services to one of its licensees, Globacom Limited, after it successfully cleared its outstanding debt obligations to the...

NCC Announces Change to Fixed Lines Numbering Format

Telecoms1 year ago

NCC Announces Change to Fixed Lines Numbering Format

The Nigerian Communications Commission (NCC) has announced a change to Nigeria’s Fixed-Lines Numbering Format from 8 Digits to 10 Digits by just adding “02” prefix before...

CJN Pronounces NCC Worthy Telecom Regulator

Telecoms1 year ago

CJN Pronounces NCC Worthy Telecom Regulator

By Umar Suleiman The Chief Justice of Nigeria (CJN), Hon. Justice Olukayode Ariwoola has pronounced the Nigerian Communications Commission (NCC), a worthy telecom regulator in Nigeria...

Technology1 year ago

APPLY: NCC Earmarks N30m Cash Prize for 2023 Hackathon Winners

The Nigerian Communications Commission (NCC) has kicked off activities for the third edition of its Talent Hunt Research through Hackathon where three selected winners will each...

Telecoms1 year ago

5G Users Cross 500,000 Mark as Nigeria’s Broadband Drive Intensifies

Subscriptions to super-blazing 5G internet connectivity in Nigeria are rising and as of the last count, more than half a million users have joined the service...

We’re Implementing Requisite Reforms to Strengthen Telecoms Sector, Says NCC The Nigerian Communications Commission (NCC) has said it remains committed to its regulatory role of continually implementing requisite reforms to strengthen the communications sector in Nigeria. The Executive Commissioner, Stakeholder Management at the NCC, Adeleke Adewolu, stated this while addressing stakeholders at the combined second and third quarters 2023 meeting of the Industry Working Groups (IWG) on multiple taxation and regulations in the telecoms sector. The meeting, which held in Ibadan, Oyo State on Tuesday, was convened as a precursor to a more elaborate Regional Stakeholders Workshop on Multiple Taxation and Regulations, scheduled to take place in the State on Wednesday. Addressing the meeting, attended by senior executives of telecom licensees and their umbrella body, the Association of Licensed Telecom Operators of Nigeria (ALTON), as staff of the Commission, Adewolu said the IWG’s activities are geared towards ensuring fair tax policies and eliminating every incident of multiple taxation and regulations impacting the Nigerian telecommunications industry. He stated that a lot of milestones have been recorded by the industry since the establishment of the IWG over two decades ago, as the platform has proven to be effective in articulating industry concerns in this area and also proffering solutions to these issues. “Considerable industry gains have been recorded lately, particularly as it relates to the issue of multiple taxation. For instance, His Excellency, President Bola Ahmed Tinubu recently signed Four Executive Orders designed to curb multiple taxation in the Country. “Key amongst them is the Executive Order for the suspension of the five per cent Excise Duty on telecommunication services as well as Excise Duties escalation on other locally manufactured products,” he said. He described the gains as laudable as, according to him, they continue to serve as inspiring landmarks for the industry, underscoring what can be achieved when the entire industry come together harmoniously to speak with one voice on existential concerns undermining the economic health of the communications industry. However, the Executive Commissioner said there remains a lot of work to be done as the industry was still beguiled by arbitrary Right of Way (RoW) charges, hidden nuisance taxes and unauthorised regulatory encroachment into the communications industry. As such, he said the Commission has continued to work assiduously to ensure harmonisation of RoW charges across the country. He said aside several existing agencies the Commission has been working with, it is also collaborating strategically with sister agencies such as the Federal Inland Revenue Service (FIRS), in line with the National Economic Council (NEC) resolution of 2012 and the Nigerian Maritime Administration and Safety Agency (NIMASA). “We are also working with the Nigerian Mainstream and Downstream Petroleum Regulatory Authority (NMDPRA), all in a bid to ensure the regulatory actions taken by the agencies are well synchronised with the regulatory objectives of the Commission, in a manner that boosts market development and industry sustainability,” he said. While tasking telecom licensees to continue to bring burning issues on multiple taxation and regulation to the attention of the Commission as they experience in their daily operation, Adewolu also assured them of NCC’s decision to always make necessary regulatory intervention to boost industry growth. “The Commission is always inclined to executing the requisite reform that will strengthen the Communications Sector and deepen market development,” he said, as he urged all stakeholders at the IWG meeting to deliberate frankly and productively in highlighting pressing and key issues that require urgent attention. L-R: Lagos Zonal Controller, Nigerian Communications Commission (NCC), Henry Ojiokpota; Assistant Director, Financial Services, NCC, Chika Anohu; Executive Commissioner, Stakeholder Management, NCC, Adeleke Adewolu; Head, Compliance Monitoring, NCC, Isa Olatinwo; Executive Secretary, Association of Licensed Telecom Operators of Nigeria, Gbolahan Awonuga and Ibadan Zonal Controller, NCC, Dr. Olubunmi Bamijoko, during NCC’s quarterly meeting of Telecom Industry Working Group on Multiple Taxation and Regulations in Ibadan, Oyo State, on Tuesday.

Telecoms1 year ago

NCC Implementing Reforms to Strengthen Nigerian Telecoms Sector

The Nigerian Communications Commission (NCC) has said it remains committed to its regulatory role of continually implementing requisite reforms to strengthen the communications sector in...

Telecoms1 year ago

Nigeria Hosts 54 Countries, others to Africa Internet Governance Forum 2023

Nigeria is set to play host to 54 African nations and other continental Internet governance stakeholder blocs at the 2023 Africa Internet Governance Forum (AfIGF 2023)...

NCC Directs Telcos on Tariffs Transparency

Telecoms1 year ago

Emergency Communication Centres: Fulfilling Needful Job Opportunities for Nigerian Youths

By Reuben Muoka, Director of Public Affairs at NCC Beyond providing essential emergency response services to the Nigerian public, the Emergency Communications Centres (ECC), being implemented...

Telecoms1 year ago

Nigeria’s $75.6BN Telecoms Sector at Risk as Skills Gap Widens – Azeez

A renowned telecoms policy enthusiast, Mr Omobayo Azeez, has warned that the rising skills gap challenge in the Nigerian telecommunications sector is constituting a major threat...