NCC Contributed To Federal Government’s Revenue By N344.71 Billion In 5 Years

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The NCC said it contributed to the revenue drive of FG by generating and remitting N344.71 billion to the CRF in the last five years.

Prof. Umar Garba Danbatta, the Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), has disclosed that the telecoms agency contributed to the revenue drive of the Federal Government, by generating and remitting N344.71 billion to the Consolidated Revenue Fund (CRF) in the last five years.

In a press statement by Prof. Umar Garba Danbatta, while briefing the House Committee on Telecommunication – led by Hon. (Prince) Akeem Adeyemi, during a legislative oversight function on the Commission in Abuja.Prof. Danbatta told the Committee how the telecoms agency contributed to the revenue drive of the Federal Government by generating and remitting N344.71 billion to the Consolidated Revenue Fund (CRF) in the last five years.

Prof. Danbatta attributed the success of the Commission in the last five years to the harmonious relationship between the Commission and the National Assembly.

Through the support of the lawmakers, especially the House of Representatives Committee on Telecommunications, which the NCC leadership has worked with in the last five years; the Commission has been able to generate and remit N344.71 billion to the Federal Government Consolidated Revenue Fund (CRF) from spectrum fees and operating surplus.


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