Friday, December 18, 2020

NCC remits 362 billion naira into Federation accounts in five years – Danbatta


The Nigerian Communications Commission, NCC, remitted over 362 billion naira within the past five years to the nation’s federation accounts.

The Nation

Its Executive Vice Chairman/CEO, Prof. Umar Danbatta who disclosed this, said the telecommunications sector would continue to play key role to the diversification of the nation’s economy.

Prof. Danbatta made the assertion while addressing members of Course 29 at the National Defence College, Abuja.

He spoke on the theme, “The Telecommunications Industry and National Development in Nigeria: The Roles of the NCC in Promoting Digital Economy”.

A statement from the Public Affairs Department of NCC quoted Danbatta as saying that “Telecoms sector is the life-wire that will drive the National Digital Economy Policy and Strategy (NDEPS) of the Federal Government.”

He noted that the sector plays a dual role of contributing to the Gross Domestic Product (GDP) and being an enabler to other sectors of the economy.

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