{"id":75662,"date":"2023-09-06T11:38:07","date_gmt":"2023-09-06T10:38:07","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=75662"},"modified":"2023-09-06T11:38:07","modified_gmt":"2023-09-06T10:38:07","slug":"were-implementing-requisite-reforms-to-strengthen-telecoms-sector-says-ncc","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/were-implementing-requisite-reforms-to-strengthen-telecoms-sector-says-ncc\/","title":{"rendered":"We\u2019re Implementing Requisite Reforms To Strengthen Telecoms Sector, Says NCC"},"content":{"rendered":"
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The Nigerian Communications Commission (NCC) has said it remains committed to its regulatory role of continually implementing requisite reforms to strengthen the communications sector in Nigeria.<\/p>\n<\/div>\n<\/div>\n

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The Executive Commissioner, Stakeholder Management at the NCC, Adeleke Adewolu, stated this while addressing stakeholders at the combined second and third quarters 2023 meeting of the Industry Working Groups (IWG) on multiple taxation and regulations in the telecoms sector.<\/p>\n

The meeting, which held in Ibadan, Oyo State on Tuesday, was convened as a precursor to a more elaborate Regional Stakeholders Workshop on Multiple Taxation and Regulations, scheduled to take place in the State on Wednesday.<\/p>\n

Addressing the meeting, attended by senior executives of telecom licensees and their umbrella body, the Association of Licensed Telecom Operators of Nigeria (ALTON), as staff of the Commission, Adewolu said the IWG\u2019s activities are geared towards ensuring fair tax policies and eliminating every incident of multiple taxation and regulations impacting the Nigerian telecommunications industry.<\/p>\n

He stated that a lot of milestones have been recorded by the industry since the establishment of the IWG over two decades ago, as the platform has proven to be effective in articulating industry concerns in this area and also proffering solutions to these issues.<\/p>\n

\u201cConsiderable industry gains have been recorded lately, particularly as it relates to the issue of multiple taxation. For instance, His Excellency, President Bola Ahmed Tinubu recently signed Four Executive Orders designed to curb multiple taxation in the Country.<\/p>\n

\u201cKey amongst them is the Executive Order for the suspension of the five per cent Excise Duty on telecommunication services as well as Excise Duties escalation on other locally manufactured products,\u201d he said.<\/p>\n

He described the gains as laudable as, according to him, they continue to serve as inspiring landmarks for the industry, underscoring what can be achieved when the entire industry come together harmoniously to speak with one voice on existential concerns undermining the economic health of the communications industry.<\/p>\n

However, the Executive Commissioner said there remains a lot of work to be done as the industry was still beguiled by arbitrary Right of Way (RoW) charges, hidden nuisance taxes and unauthorised regulatory encroachment into the communications industry.<\/p>\n

As such, he said the Commission has continued to work assiduously to ensure harmonisation of RoW charges across the country.<\/p>

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He said aside several existing agencies the Commission has been working with, it is also collaborating strategically with sister agencies such as the Federal Inland Revenue Service (FIRS), in line with the National Economic Council (NEC) resolution of 2012 and the Nigerian Maritime Administration and Safety Agency (NIMASA).<\/p>\n

\u201cWe are also working with the Nigerian Mainstream and\u00a0 Downstream Petroleum Regulatory Authority (NMDPRA), all in a bid to ensure the regulatory actions taken by the agencies are well synchronised with the regulatory objectives of the Commission, in a manner that boosts market development and industry sustainability,\u201d he said.<\/p>\n

While tasking telecom licensees to continue to bring burning issues on multiple taxation and regulation to the attention of the Commission as they experience in their daily operation, Adewolu also assured them of NCC\u2019s decision to always make necessary regulatory intervention to boost industry growth.<\/p>\n

\u201cThe Commission is always inclined to executing the requisite reform that will strengthen the Communications Sector and deepen market development,\u201d he said, as he urged all stakeholders at the IWG meeting to deliberate frankly and productively in highlighting pressing and key issues that require urgent attention.<\/p>\n

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\u00a0Photo Caption:<\/b><\/p>\n

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L-R: Lagos Zonal Controller, Nigerian Communications Commission (NCC),\u00a0Henry Ojiokpota<\/b>; Assistant Director, Financial Services, NCC,\u00a0Chika Anohu;<\/b>\u00a0Executive Commissioner, Stakeholder Management, NCC,\u00a0Adeleke Adewolu<\/b>; Head, Compliance Monitoring, NCC,\u00a0Isa Olatinwo;<\/b>\u00a0Executive Secretary, \u00a0Association of Licensed Telecom Operators of Nigeria,\u00a0Gbolahan Awonuga<\/b>\u00a0and Ibadan Zonal Controller, NCC,\u00a0Dr. Olubunmi Bamijoko<\/b>, during NCC\u2019s quarterly meeting of Telecom Industry Working Group on Multiple Taxation and Regulations in Ibadan, Oyo State, on Tuesday\u00a0(TODAY, September 5, 2023).<\/b><\/p>\n

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The Nigerian Communications Commission (NCC) has said it remains committed to its regulatory role of continually implementing requisite reforms to strengthen the communications sector in Nigeria<\/p>\n","protected":false},"author":6,"featured_media":75663,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[648],"coauthors":[2391],"class_list":["post-75662","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-ncc"],"yoast_head":"\nWe\u2019re Implementing Requisite Reforms To Strengthen Telecoms Sector, Says NCC - National Wire<\/title>\n<meta name=\"description\" content=\"The Nigerian Communications Commission (NCC) has said it remains committed to its regulatory role of The Nigerian Communicationl\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/were-implementing-requisite-reforms-to-strengthen-telecoms-sector-says-ncc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We\u2019re Implementing Requisite Reforms To Strengthen Telecoms Sector, Says NCC - 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