Telecom

Nigeria: Telecom regulator to deploy revenue assurance solutions

Nigeria: Telecom regulator to deploy revenue assurance solutions
Monday, 20 June 2022 20:12

With over 200 million telecom subscribers, Nigeria is one of Africa's largest telecom markets. As the sector continues to grow, the government wants to capitalize on the growth to get more revenues. 

The Nigerian Communications Commission (NCC) signed, Friday (June 17), a public-private partnership (PPP) agreement with  3R Company Nigeria Limited to deploy revenue assurance solutions (RAS). 

The new solutions will be connected to the IT systems of licensed telecom operators. They will then collect and report on the operators’ billing activities in real-time to calculate the accumulated annual operating levy operators have to pay the NCC. With the RAS, the calculations will be as accurate as possible with little to no room for errors. 

According to NCC executive vice-chairman Umar Danbatta, the idea for RAS is timely, as it comes in a context where the government’s resources are dropping gradually. 

It is our belief that if we can be able to deploy RAS and ensure we get the true picture of what the Mobile Networks Operators (MNOs) are supposed to be paying by way of AOL [Annual Operating Levy], we would have accomplished an important milestone in the area of revenue generation for the Commission as well as for the government,” he said.

Let’s note that in 2020, the telecom sector contributed 12.45 percent to the national GDP. The following year, it generated NGN3.247 trillin (about US$7.74 billion). 

Isaac K. Kassouwi

On the same topic
UNCDF, Co-op Bank Kenya sign guarantee to boost digital lending Risk-sharing aims expand financing access for startups, platforms Deal supports...
Côte d’Ivoire plans 15 agri-tech hubs to support women in agribusiness The centers will focus on processing, training, and digital tools The project’s...
Kenya becomes the first African country to establish a formal digital dialogue framework with the European Union. The partnership targets...
Angola’s parliament unanimously approved a startup law to address legal gaps and support innovation. Authorities set a $3.5 million annual...
Most Read
01

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
02

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
03

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
04

Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...

Namibia and Russia Expand Economic Cooperation Across Key Sectors
05

Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...

Cameroon Signs $1.5 Billion Waste-to-Energy MoUs Amid Urban Sanitation Strain
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.