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HomeNewsEconomyNCC remits N70bn into Federation Account

NCC remits N70bn into Federation Account

The Nigerian Communications Commission (NCC), says it remitted N70 billion into the Federation Account in the last one year.

“This is in addition to the N30 billion paid by MTN Nigeria as a part payment of the N330billion fine slammed on it by the commission.

Mr Yakubu Musa, Special Assistant on Media to the chief executive of the commission, made this known in a statement released in Abuja on Monday.

It also said the NCC won the European Award for Best Practices 2016.

“The ceremony, which held in Brussels, Belgium, was hosted by the European Society for Quality Research (ESQR), an affiliate of the European Union (EU).

The statement added that no fewer than 63 countries participated in the award out of which the NCC won the European Award for Best Practices 2016.

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It said that the award, which was in the Gold category, was in recognition of its outstanding commitment, support and results in quality management strategies.

It said Prof. Umar Danbatta, the Executive Vice-Chairman of the commission, will address a Retreat on Revenue Generation scheduled to hold from July 13 to 15 in Kano State.

Danbatta, a Professor of Telecommunications Engineering, is also expected to share NCC’s experience with the participants.

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