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
• Algeria grants commercial 5G licenses to top three telecom operators: Mobilis, Djezzy, and Ooredoo • License award comes on stream as part of the...
MTN Nigeria launched a 100 million naira startup accelerator starting September The 12-week program offers funding, mentorship, and tech...
The MTN Nigeria Dabengwa Tier 3 Data Centre is more than just a physical infrastructure project — it’s a foundational investment in Nigeria’s digital...
Chad begins drafting a manual to implement its National Digital Health Program Aims to ease doctor shortages via telemedicine and digital...
Most Read
01

• Global coffee consumption projected to hit a record 169.4 million 60-kg bags in 2025/2026, up from...

Coffee: Global Consumption Expected to Reach Record Level in 2025/2026
02

In a West African financial landscape marked by tighter regulation of the fintech sector, digital fi...

In Five Years, Francophone Africa Will be A Major Force in African Tech –Régis Bamba
03

• Burkina Faso-based financial group, Vista Group Holding, has acquired a majority stake in Société ...

Burkina Faso: Vista Group Acquires Controlling Stake in Société Générale
04

Transport and food prices have been climbing steadily across Africa in recent years. In Côte d’Ivoir...

Côte d’Ivoire’s Fuel Price Cuts Haven’t Slashed Transport Costs–Yet
05

• Kenyan President William Ruto signs strategic partnership with UK Prime Minister Keir Starmer to b...

William Ruto in London: New Agreement Aims to Double Kenya-UK Trade by 2030
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

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

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.