By Kauthar Anumba-Khaleel, Abuja
In a bid to encourage local content in the telecommunications industry through Value Added Services, the House of Representatives has initiated a bill for an Act to Regulate Value Added Service in the sector.
The proposed legislation amongst other things, seeks to provide the legal framework with which the Nigerian Communication NCC), can ensure that the current sharing formula between the Mobile Network (MNOs), the VAS and content developers and VAS hosting service providers is reviewed upward in line with industry best practice.
Sponsor of the bill, Hon. Chukwuemeka Ujam who spoke on the bill at the weekend, said the main objective of the bill is to ensure the protection of the Nigerian VAS ecosystem from foreign invasion and exploitation.
Ujam while stressing the need to encourage and protect local content in the industry, lamented the current state of affairs in the industry saying that it is “inimical to the development of the sector as it poses great challenges such as discrimination against subscribers; and perpetuation of fraud against the public through short codes assigned for Value Added Services among other menaces”.
“There is need for us to develop and encourage local contents in the industry and in doing that, content developers who are the major players in the VAS segment of the industry, will be rewarded”.
The lawmaker who is deputy chairman of the House Committee on Telecommunications also bemoaned practices whereby MNOs bully content providers adding that the bill will ensure that revenue is shared rightly with a view to encouraging local participation and stimulating further growth in the industry.
Additionally, the Telecom Value Added Services Regulatory when passed, will also ensure strict adherence to contractual terms between and among parties as well as strict adherence to anti-competition and anti-trust rules and regulations.
Leadership recalls that the VAS operators who have been at logger heads with the network operators have called for the upward review of the current revenue sharing formula to better their lot.
All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from LEADERSHIP Nigeria Newspapers. Contact: firstname.lastname@example.org
- OPINION17 hours ago
Buhari: Workers’ New Bride
- NEWS15 hours ago
Kogi Govt Commences Payment Of 4 Months’ Salary To Workers
- NEWS23 hours ago
Minimum Wage: Omar Commends FG, NLC
- CRIME9 hours ago
Teenage Female Suicide Bomber Arrested In Borno
- NEWS11 hours ago
FG Signs MoU To Take Over Farin Ruwa Dam Project
- BUSINESS20 hours ago
Diamond Bank Denies Acquisition Talks With Access Bank
- NEWS10 hours ago
Drama In Court! Woman Makes U-Turn On Divorce, Begs For Mercy
- NEWS7 hours ago
2019: Why I Choose Balarabe As My Running Mate – el-Rufai