• About
  • Advertise
  • Careers
  • Contact Us
Saturday, June 28, 2025
  • Login
No Result
View All Result
NEWSLETTER
Tech | Business | Economy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Home Business Telecoms

NCC ​Remitted N463b to Federation Account in 5 Years

by Justice Godfrey Okamgba
August 10, 2022
in Telecoms
0
UBA
Advertisements

In the past 5 years, the Nigerian Communications Commission (NCC) transferred N463 billion to the Federal Government’s Consolidated Revenue Fund (CRF).

Prof. Umar Danbatta, Executive Vice Chairman of the Commission, revealed this when he led the management team of NCC on a visit to the Permanent Secretary, Ministry of Communications and Digital Economy, Dr. William Alo.

According to Danbatta, who informed the Permanent Secretary on the state of the business, NCC continues to be a significant contributor to the nation’s Gross Domestic Product (GDP).

According to him, the industry’s contribution to the GDP increased from 8.5% in the fourth quarter of 2015 to 12.61 percent in the fourth quarter of 2021. Over the same period, the telecoms sector also attracted over $2 billion in Foreign Direct Investment.

He mentioned that the Commission’s recent, successful 3.5 gigahertz (GHz) spectrum auction for 5G services, the licensing of seven providers of fiber optic infrastructure, and the addition of 38,296 kilometers of fiber optic as some of the main accomplishments made under his direction.

Reuben Muoka, the NCC’s Director of Public Affairs, endorsed a statement in which he claimed that some access gap clusters in the nation had been decreased from 217 to 114 in order to give 15 million Nigerians access to telecom services.​​

The deployment of fiber optic cables increased from 47,000 kilometers to 54,725 kilometers, he continued.

According to Danbatta, there are now more than 30,0​​00 3G and 4G Base Transceiver Stations (BTS) around the nation.

Loading

Advertisements
MTN ADS

Author

  • Justice Godfrey Okamgba
    Justice Godfrey Okamgba

    View all posts
0Shares
Tags: FDIGDPNCC
Justice Godfrey Okamgba

Justice Godfrey Okamgba

Next Post

Nigeria Imported Phones Worth $2.35b in 3 Years, According to Report

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

Media Monitoring and PR Measurement by Philip Odiakose | Trump and Nigeria Media

TRUMP 2.0: How Nigerian Media is Tracking Trump’s Presidency and Why Brands Should Care

5 months ago
DLM Asset Management

DLM Asset Management: Learn How to Maintain Financial Stability in Times of Economic Distress

1 year ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact Us

    © 2025 TECHECONOMY.

    No Result
    View All Result
    • News
    • Tech
      • DisruptiveTECH
      • ConsumerTech
      • How To
      • TechTAINMENT
    • Business
      • Telecoms
      • Mobility
      • Environment
      • Travel
      • StartUPs
        • Chidiverse
      • TE Insights
      • Security
    • Partners
    • Economy
      • Finance
      • Fintech
      • Digital Assets
      • Personal Finance
      • Insurance
    • Features
      • IndustryINFLUENCERS
      • Guest Writer
      • EventDIARY
      • Editorial
      • Appointment
    • TECHECONOMY TV
    • Apply
    • TBS
    • BusinesSENSE For SMEs

    © 2025 TECHECONOMY.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Translate »
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.