NCC appeals to states to reduce telecom taxes, citing industry growth concerns

NCC appeals to states to reduce telecom taxes, citing industry growth concerns

The Nigerian Communications Commission (NCC) has urged states and local governments to reduce taxes on telecom companies, warning that excessive taxation could hinder industry growth. The appeal comes amidst the Federal Government’s plan to impose a five percent excise duty … Continue reading NCC appeals to states to reduce telecom taxes, citing industry growth concerns

Telecoms investments soar to $76 billion as 5G subscriptions surpass 60,000 - NCC

Telecoms investments soar to $76 billion as 5G subscriptions surpass 60,000 – NCC

According to the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, total investments in the country’s telecommunications sector reached $75.6 billion by the end of 2021. This figure encompasses both foreign direct investment and local investment. … Continue reading Telecoms investments soar to $76 billion as 5G subscriptions surpass 60,000 – NCC

Nigerians lose N12.5bn to telecom related financial crimes in four year period - NCC

Nigerians lose N12.5bn to telecom related financial crimes in four year period – NCC

The Nigerian Communications Commission (NCC) has disclosed that financial crimes associated with the telecommunications industry have resulted in Nigerians losing approximately N12.5 billion over a span of four years. Dr. Al-kasim Umar, the Director of Consumer Affairs at the NCC, … Continue reading Nigerians lose N12.5bn to telecom related financial crimes in four year period – NCC