Monday, May 10, 2021
Array

NCC remitted N362.34bn into Federation Account – Danbatta

Headline

Rayyan Alhassan
Rayyan Alhassanhttps://dailynigerian.com/author/rayyan/
Rayyan Alhassan is a 30-year-old graduate of Journalism and Mass Communication at Sikkim Manipal University, Ghana. He is the acting Managing Editor at the Daily Nigerian newspaper, a position he has held for the past 3 years. He can be reached via [email protected], or www.facebook.com/RayyanAlhassan, or @Rayyan88 on Twitter.
tiamin rice

The Nigerian Communications Commission, NCC, has remitted N362.34 billion into the Federal Government Consolidate Revenue Fund, CRF, from 2015 to date.

The NCC Executive Vice Chairman, Prof. Umar Danbatta, made the disclosure in an interactive session on Friday in Abuja.

READ  Kogi doctors commend Gov. Bello for assenting to 2 health bills

According to him, the revenue was realised through spectrum fees and operating surplus, which he noted helped to boost the revenue generation drive of the present administration.

The executive chairman also said that NCC had continued to collaborate with academics to support the development of the innovative services and life-changing solutions through information and communications technologies.

READ  COVID-19: INEC releases 100 vehicles for tracing contacts of infected persons in 6 states

“The Commission has so far released N336.4 million as research grants to the academia and has endowed professional chairs in two Nigerian universities.

“More importantly, we have empowered the Nigerian youth by promoting their ingenuity and innovation in the development of locally-relevant technology solutions.

“The latest of such was the 2020 NCC Virtual Hackathon, where we gave N9 million in grant to three top promising tech startups for solutions, aimed at addressing the impact of COVID-19 and diseases in thematic areas of health, community, productivity, economy and transportation,” he said.

READ  Reps intervene in USSD N42bn dispute between telecom operators, banks
READ  Privacy: Data of Nigeria and Nigerians 99% secure — Pantami

Mr Danbatta added that the broadband penetration in 2015, when he first assumed office as Executive Vice Chairman, was six per cent.

Related News

Latest News

cosgrove