The Nigerian Communications Commission (NCC) has signed a Public Private Partnership (PPP) agreement with its consultants, 3R Company Nigeria Limited, for the execution of the Revenue Assurance Solutions (RAS) to strengthen and manage the integrity of revenue generation process in the Nigerian telecommunications industry.
The agreement-signing ceremony, which took place at the commission’s head pffice, was witnessed by representatives of the Infrastructure Concession Regulatory Commission (ICRC).
The RAS project is designed to be connected to the licensed telecommunications operators’ systems and will have the capability of capturing and reporting in near real-time billing activities by the operators for the purposes of computing and assuring with minimal or no error margin, the accrued AOL payable to the NCC by the licensees.
When deployed, the NCC RAS will bring a lot of solutions to the industry, including a more effective and enhanced monitoring and regulation of the licensed telecommunications operators by the Commission.
Speaking at the event, Danbatta said, the decision of the NCC to opt for RAS was to bolster the efforts of the federal government in increasing revenue generation, especially, at a time when the resources at the disposal of the government are dwindling by the day.
The CEO stated that the deployment of RAS would enhance monitoring and regulatory activities concerning Annual Operating Levy (AOL) administration in the telecommunications industry and to confer higher levels of integrity and fidelity on the AOL figures obtainable in the industry.
“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, we would have accomplished an important milestone in the area of revenue generation for the Commission as well as for the government,” Danbatta said.
He commended the ICRC for the guidance provided in the process of consummating the partnership. While applauding the Project Delivery Team (PDT), comprising staff of the commission, who worked tirelessly in ensuring the project was brought to fruition, for their efforts, Danbatt, however, urged the 3R Company Nigeria Limited to ensure effective deployment and implementation of the project within its scope, objective and government’s expectations.
The chief executive officer, 3R Nigeria Limited, Raymond Wodi thanked the commission for the opportunity given to the company to serve the industry and the government through deployment of 3R’s technology solution to ensure a more effective revenue generation from telecom licensees. He also assured stakeholders that 3R is ready to meet and exceed expectation on the assignment.
Director, Internal Audit, ICRC, Mr. Togunde Dada-Hammed, who represented the director-general of ICRC, Mr. Michael Ohiani, commended the NCC for the bold decision to deploy RAS. He declared that with ICRC in the picture, it would ensure support for the process in order to ensure that the project’s objectives are realised for the betterment of all the parties involved.
“Anybody that is familiar with the trends around the world, especially in Nigeria with respect to revenue challenge that the country is facing, will know that the deployment of RAS solution is the right way to go, as demonstrated by the NCC,” Dada-Hammed said.
We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →
Join Our WhatsApp Channel
