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NCC remits N70 Billion into Federation Account

BUSINESS
July 12, 2016Ayo Olowo

As revealed in a statement by Mr Yakubu Musa, Special Assistant on Media to the chief executive of tThe Nigerian Communications Commission (NCC), the commission has remitted N70 billon into the Federation Account in the last one year.NCC“This is in addition to the N30 billion paid by MTN Nigeria as a part payment of the N330billion fine slammed on it by the commission,” he stated in Abuja yesterday.

The statement also said the NCC won the European Award for Best Practices 2016.

“ The ceremony, which held in Brussels, Belgium, was hosted by the European Society for Quality Research (ESQR), an affiliate of the European Union (EU).

It was added that no fewer than 63 countries participated in the award out of which the NCC won the European Award for Best Practices 2016.

The statement said that the award, which was in the Gold category, was in recognition of its outstanding commitment, support and results in quality management strategies.

It said Prof. Umar Danbatta, the Executive Vice-Chairman of the commission, will address a Retreat on Revenue Generation scheduled to hold from July 13 to 15 in Kano State.

Danbatta, a Professor of Telecommunications Engineering, is also expected to share NCC’s experience with the participants

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Tagged Federation AccountnccNigerian Communications Commission

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