• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
Wednesday, June 29, 2022
Leadership News
Read in Hausa
  • Home
  • NewsLatest
    • World News
    • ASUU News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Podcast
No Result
View All Result
  • Home
  • NewsLatest
    • World News
    • ASUU News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Podcast
No Result
View All Result
Leadership News
No Result
View All Result
Home News Business

NCC, 3R Sign Pact To Strengthen Revenue Generation Process

by Innocent Odoh and Royal Ibeh
1 week ago
in Business
0
NCC
Share on WhatsAppShare on FacebookShare on TwitterTelegram

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.

RELATED

airport

Mixed Reactions From Stakeholders, As Increase In Aviation Fuel Price Threatens Airline Operations

1 hour ago
JUST-IN: NAICOM Revokes Operational Licenses Of Niger Insurance, Standard Alliance

JUST-IN: NAICOM Revokes Operational Licenses Of Niger Insurance, Standard Alliance

13 hours ago

“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.


HOW MY CHINESE DOCTOR RECOMMEND THIS MAGIC DRUGS THAT HELP WOMEN PREVENT AND TREAT BREAST CANCER AND ALSO HELP MEN PREVENT AND CURE PROSTRATE ISSUE PERMANENTLY WITHOUT SIDE EFFECTS AND REMISSION!!INEVER BELIEVE IT!!
Tags: NCC
SendShareTweetShare
ADVERTISEMENT
Previous Post

EU/INEC Concert: Abuja Youths Troop Old Parade Ground To Register PVC 

Next Post

Elumelu Advocates Private Sector Investment To Transform Nigeria

ANOTHER GOOD READ

airport
Business

Mixed Reactions From Stakeholders, As Increase In Aviation Fuel Price Threatens Airline Operations

1 hour ago
JUST-IN: NAICOM Revokes Operational Licenses Of Niger Insurance, Standard Alliance
Business

JUST-IN: NAICOM Revokes Operational Licenses Of Niger Insurance, Standard Alliance

13 hours ago
SMEDAN
Business

New SMEDAN Boss Pledges To Work With All Stakeholders In MSMEs Ecosystem

19 hours ago
Minister
Business

Finance Minister Promises Commitment To Capital Market Growth

19 hours ago
Stakeholders
Business

Maritime Stakeholders Rally Support For Transport Minister

19 hours ago
Imo Wealth Project
Business

Imo Wealth Project Commences June 29

19 hours ago
Next Post
Tony Elumelu

Elumelu Advocates Private Sector Investment To Transform Nigeria

LATEST UPDATES

Zamfara Govt Pays 16,800 Students’ NECO Fees

Matawalle Signs Anti-banditry, Kidnapping, Cattle Rustling Bill

June 29, 2022
Statutory Delegate: Buhari Pays Lawmakers Back In Their Coin?

House Tasks Ministers On Water Sanitation Projects

June 29, 2022
COVID

NYC Raises The Alarm Over Threat Of Viruses In Nigeria

June 29, 2022
How To Achieve Tobacco Harm Reduction – Baker

Federal Govt Raises Tax On Tobacco Products To 30%

June 29, 2022
CVR

INEC Creates Additional 14 Centres In FCT For CVR

June 29, 2022
Zamfara Govt Pays 16,800 Students’ NECO Fees

Zamfara: Need For Caution

June 29, 2022
airport

Mixed Reactions From Stakeholders, As Increase In Aviation Fuel Price Threatens Airline Operations

June 29, 2022
Aggrieved APC Senators Meet Buhari, Change Mind On Planned Defection

AFTERMATH OF PRIMARIES: Save APC From Collapse, Buhari Begs Aggrieved Senators, Others

June 29, 2022

© 2022 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • World News
    • ASUU News
  • Politics
  • Business
  • Sports
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
  • Columns
  • Others
    • How-to
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Podcast

© 2022 Leadership Media Group - All Rights Reserved.