The Nigerian Communication Commission (NCC) realised over N1.4 trillion in the first quarter of 2016 in its operations within the stipulated period.
The Executive Vice Chairman of the Commission, Professor Umar Garba Danbatta, said in Kano on Wednesday while paying a courtesy call to governor Abdullahi Umar Ganduje at Kano Government House.
Dambatta revealed that, the generated money was part of their contribution to the country’s Gross Domestic Product (GDP).
He also said: “Multiple taxation, coupled with obstruction of right of way for development in states of the federation, has been identified as the major challenge militating against the growth and development of telecom service providers in the country”.
However, Danbatta urged Governor Ganduje to mobilize his counterparts in the 19 Northern States to fashion out modalities for a downward review of the multiple taxation imposed on telecommunication industries in Nigeria.
According to him, his mission in Kano, among others, is to draw the attention of the State Government to the resolution of the National Economic Council (NEC) on multiple taxation, levies and charges on ICT infrastructure in Nigeria to which all state Governors accented to, which calls for urgent downward review.
He disclosed that Lagos State Government has already commenced the full implementation of the provisions of these recommendations, which has become a model from which other states can borrow a leaf.
THE AMOUNT OF MONEY THAT NCC GENERATES IN 3 MONTHS WILL SHOCK YOU
Reviewed by Link Naija