x

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 (NMDRA), 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.

Hot this week

North-West Security Summit: Gov. Uba Sani, Defence Minister Outline Strategies to Tackle Insecurity

By Achadu Gabriel, KadunaKey stakeholders from government, defence,...

Youths Involvement is Essential in Peacebuilding

By Raliat AbdulkadirIn Nigeria today, the youths make up...

Special Birthday Wishes to Zege Mule U Tiv & Wazirin Adamawa

I am writing to felicitate with Your Excellency, Atku...

BMNA 2025: Chief Amedi Uduru Nominated for ‘Pillar of the Niger Delta Youths’ Award

The Bayelsa Media Network Awards (BMNA) has nominated oil...

Gov. Ododo Mourns Etsu Bassa Nge, HRH Abu Ali, Describes Him as Pillar of Peace and Unity

By Noah Ocheni, LokojaKogi State Governor, Alhaji Ahmed Usman...

Ex-Governor Emmanuel may dump PDP as he rallies Nigerians for Tinubu

By Ogenyi Ogenyi,UyoThere are strong indications that former Governor...

FG Set to Expose Terrorism Financiers Soon — Presidential Aide

The Federal Government is preparing to publicly name individuals...

NDPHC Faults Media House Over False Allegations, Reveals Major Achievements

The Niger Delta Power Holding Company (NDPHC) has strongly...

Plateau Governor Absorbs Over 700 Ad-Hoc Staff, Ending Years of Neglect

By Gyang BereIn a landmark decision, Governor Caleb Manasseh...

NCDMB Trains Bayelsa Students on Local Content, Youth Empowerment Opportunities

By Amgbare Ekaunkumo, YenagoaThe Nigerian Content Development and Monitoring...

Northern Governors Hold Strategic Meeting in Kaduna on Regional Security Challenges

By Achadu Gabriel, KadunaThe Northern States Governors’ Forum (NSGF)...

Cross River Journalists to Honour Sen. Jarigbe With Excellent Representation Award, Launch Magazine

By Joyce Remi-BabayejuCross River journalists in Abuja, under the...

Related Articles

Popular Categories

spot_imgspot_img