The Nigerian Senate has confirmed the nominations of Rimini Haraya Makama and Sunday Abraham Oshadami as Executive Commissioners for the Nigerian Communications Commission (NCC). The confirmation took place during Tuesday’s plenary session following the presentation of a report by the Senate Committee on Communications. Senator Bilbis Aliyu Ikra (Zamfara Central), …
Read More »NCC Plans to Generate N500 Billion from 5G Spectrum in 2033
The Nigeria Communication Commission, NCC has disclosed its plan to generate over N500 billion in 2023 fiscal year through the 5G spectrum. The Executive Vice Chairman of the NCC, Prof.Umar Danbatta, made this known on Monday at an interactive meeting on 2023-2025 MTEF-FSP, organised by the Senate Committee on Finance. …
Read More »Reps Push Customs for Higher Revenue, Reject N1.33 Trillion Target for 2022
Nigerian Customs Service proposed a target revenue of N1.33 trillion for 2022, but the House of Representatives Committee on Finance has rejected the target, calling it too low. The committee gave its reaction at its 2022 to 2024 Medium-Term Expenditure Framework/Fiscal Strategy Paper (MTEF/FSP) interactive session with Ministries, Departments and …
Read More »NCC Remits N150 Billion Spectrum License Fees in 5 Months, Surpases Revenue Projection by 400%
The Nigerian Communications Commission (NCC) has exceeded its N36 billion projected revenue from spectrum license fees for 2021, having recorded over N150 billion from this revenue source within the five months of the year. The figure represents over 400 per cent increase in revenue budget performance in respect of spectrum …
Read More »CBN Gov to Present Audited Accounts to Reps
Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele is expected to appear before the House of Representatives’ Public Accounts Committee to render the bank’s audited accounts this Thursday. Chairman of the Committee, Wole Oke, said they would be expected to render accounts from 2014 to 2019. Oke said …
Read More »Nigeria’s Aviation Sector Needs N50 Billion – Reps Seeks Bailout
The House of Representatives has said Nigeria’s aviation sector needs about N50bn to cushion the effects of the COVID-19 pandemic while dismissing the N4bn proposed by the Federal Government as grossly inadequate. The House Committee on Aviation, which addressed journalists in Abuja on Monday, noted that other countries were providing …
Read More »FG Saves N21 Billion through IPPIS, AGN
The Federal Government on Tuesday announced that it saved N21bn by implementing the Integrated Personnel Payroll Information System (IPPIS) across ministries, departments and agencies. It also stated the government was saving about N4bn daily as a result of the deployment of IPPIS across 602 MDAs. The Accountant-General of the Federation, …
Read More »FG Sets Committee to Support Tech Start-Ups with Affordable Internet Access Amid Lockdown
Federal Government has set up a committee to select some tech start-ups that could partake in essential services during lockdown across major cities in the country. This was disclosed by the Chairman of the committee, Tomi Davies, who is also President of the African Business Angels Network (ABAN). Davies explained …
Read More »COVID-19: NITDA Inaugurates Committee to Contain Spread
In an effort to safeguard the employees, visitors and precinct of the National Information Technology Development Agency (NITDA) against the novel COVID-19, the Agency today inaugurated a seven person committee to work in line with the federal government guideline against the spread of the virus. The Director General, Mallam Kashifu …
Read More »Reps Threaten to Arrest Telecom Firms CEOs for Contempt
House of Representatives has threatened to arrest Chief Executive Officers of MTN, GLO, Airtel and 12 other telecommunication companies over refusal to honour invitation to an investigative hearing at the instance of its committee on finance. Chairman of the Committee, James Faleke had in a motion on Thursday, observed that …
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