TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

2014 budget: Reps okay N54.4b for NCC

The Citizen by The Citizen
March 25 2014
in Governance, Uncategorized
A A
0

The unanimous passage of the communications regulator’s budget was sequel to a successful defence of the 2014 estimates before the committee at the National Assembly yesterday.

Members of the committee, expressed their satisfaction on the efforts of the NCC at improving the communication sector, and subsequently approved the amount.

Eugene Juwah, Executive Vice Chairman of the commission, while presenting the budget earlier, told the committee that out of the N54.4 billion estimate, N14.8 billion was for recurrent expenditure, with capital and special expenditure having N15.8 billion, and that the sum of N8.4 billion would be transferred to the Universal Service Provision Fund.

According to him, N7.4 billion from spectrum fees and N8 billion operating surplus would be transferred to the Federation Account.

Some of the lawmakers however expressed reservations over the quality of GSM services across the country, and called for better regulation by the NCC in order to engender better service delivery by the providers.

But the NCC boss said the commission only monitors quality of service and sets out acceptable guidelines of operations for the service providers, and that they lack the powers to withdraw the licences.

His words: “Just two weeks ago, we fined three service providers, MTN, Airtel and Glo, N667 million for going against certain regulations. We also stopped them from carrying out any promo and taking new subscribers.

“We only regulate them in line with the laws we operate under. We’re the fastest growing market in Africa, so we’re doing a lot on quality service. That is why we’re asking for some money in the budget,” he said.

He further said that it would be difficult to withdraw the licences of erring service providers because in would cause a disjunction in the economy as communications currently accounts for 25 percent of the nation’s GDP as opposed to that of the banking sector which represents just 3 percent.

Juwah also said that service providers cannot be forced to go public by enlisting on the stock exchange as the country’s laws allow them to own the business a 100 percent.

“Nigeria is the only country where that is allowed,” he said, adding that it would require a new legislative framework to compel a change in the situation.

After the NCC presentation, the budget was passed after a voice vote was taken by the chairman of the committee, Hon. Oyetunde Ojo (APC, Ekiti).

Previous Post

Unending menace of oil tankers in Lagos – National Mirror

Next Post

Jonathan didn’t admit withholding $10bn from Federation Account -Presidency

Related Posts

FG unveils seven herbal medicines for cancers, hepatitis B, others
Governance

FG unveils seven herbal medicines for cancers, hepatitis B, others

July 29 2026
Lives of All Nigerians Carry Equal Value: ICADAR responds to Senate, House calls for reconsideration of Police withdrawal from VIPs
Governance

Minority caucus stages walkout as Reps pass Tinubu’s State Police bill

July 23 2026
Xenophobia: Nigerian students funded your freedom – Shettima reminds South Africa
Global News

Xenophobia: Nigerian students funded your freedom – Shettima reminds South Africa

July 21 2026
Fed Govt reconfirms VAT at 7.5%
Governance

States pocket N2.37t VAT revenue under new tax regime

July 20 2026
Akpabio teases Oshiomhole over viral ‘AI’ private jet leg massage video
Governance

Akpabio teases Oshiomhole over viral ‘AI’ private jet leg massage video

July 17 2026
Governors defy Supreme Court, control LG allocations
Governance

Governors defy Supreme Court, control LG allocations

July 17 2026
Next Post

Jonathan didn’t admit withholding $10bn from Federation Account -Presidency

Panic as Lagos CBN office catches fire

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

NDDC trains traditional birth attendants to reduce maternal, newborn deaths

NDDC trains traditional birth attendants to reduce maternal, newborn deaths

by The Editor
July 29 2026
0

...

Cross River Igbo community alleges illegal taxation, seeks government intervention

Cross River Igbo community alleges illegal taxation, seeks government intervention

by The Editor
July 27 2026
0

...

Sokoto LG chairman quits APC, resigns from office

Sokoto LG chairman quits APC, resigns from office

by The Editor
July 8 2026
0

...

Bauchi Electoral Commission fixes August 17 for LG election

Bauchi Electoral Commission fixes August 17 for LG election

by The Editor
June 19 2026
0

...

APPOINTMENTS

Tinubu appoints new special adviser on House of Reps matters

Tinubu appoints new special adviser on House of Reps matters

by The Editor
July 27 2026
0

...

Tinubu appoints Fayose REA chairman, names 25 others

Tinubu appoints Fayose REA chairman, names 25 others

by The Editor
July 20 2026
0

...

Tony Elumelu to step down as UBA chair, bank names successor

Tony Elumelu to step down as UBA chair, bank names successor

by The Editor
July 6 2026
0

...

Sahara Group appoints Folake Soetan as Arahas MD to drive oilfield services transformation across Africa

Sahara Group appoints Folake Soetan as Arahas MD to drive oilfield services transformation across Africa

by The Editor
July 3 2026
0

...

ODDITIES

Nigerian woman in Canada demands husband swear oath against cheating before visa sponsorship

Nigerian woman in Canada demands husband swear oath against cheating before visa sponsorship

by The Editor
July 23 2026
0

75-year-old man bags 10 years jail for defiling minor

75-year-old man bags 10 years jail for defiling minor

by The Editor
July 16 2026
0

Court remands blogger over defamation of Soludo, son

Court remands blogger over defamation of Soludo, son

by The Editor
July 13 2026
0

GLOBAL NEWS

Nigerian visa applicants must provide five-year social media history, says US embassy

US to discontinue visa services in Abuja, 24 other African cities

by The Editor
July 29 2026
0

...

US orders embassy staff to leave Nigeria over insecurity

US warns Nigerians with dual citizenship against travelling on foreign passport

by The Editor
July 26 2026
0

...

Republican senators mount drive to oppose Biden certification

Insecurity: Instead of addressing persecution, Nigeria launched PR campaign – Ted Cruz

by The Editor
July 23 2026
0

...

Xenophobia: Nigerian students funded your freedom – Shettima reminds South Africa

Xenophobia: Nigerian students funded your freedom – Shettima reminds South Africa

by The Editor
July 21 2026
0

...

US Congress okays bill to cut foreign aid to Nigeria

US Congress okays bill to cut foreign aid to Nigeria

by The Editor
July 17 2026
0

...

State of the States

Lagos to introduce special vehicle number plates for PWDs

Lagos to introduce special vehicle number plates for PWDs

by The Editor
July 29 2026
0

...

Enugu governor approves recruitment of 6,580 teachers, school staff

Enugu governor approves recruitment of 6,580 teachers, school staff

by The Editor
July 29 2026
0

...

Anambra sanctions seven schools over graduation parties

Anambra sanctions seven schools over graduation parties

by The Editor
July 27 2026
0

...

Abia takes delivery of 20 more electric buses, to expand route network

Abia takes delivery of 20 more electric buses, to expand route network

by The Editor
July 27 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
PFIPC: Police arrest Adeyemi’s father amid ongoing forgery probe

Police fail to produce phantom agency DG before Reps, seek court orderwarrant

July 29 2026
Of bandits and their informants/sponsors

Sokoto: Terrorists gun down worshippers inside mosque, abduct residents

July 29 2026
Gov. Otti approves payment of Ngozi Nwosu’s medical bills

Gov. Otti approves payment of Ngozi Nwosu’s medical bills

July 29 2026
Killings: Army orders GOC to relocate to Kwara

COAS appoints GOCs for new Army divisions

July 29 2026

EDITORIAL REVIEW

Nigeria’s inflation rate hits 26.72% in Sept

There’s no escaping inflation, yet – Punch

by The Editor
July 29 2026
0

Nigeria’s inflation rate rises to 21.09%

Africa’s hunger burden – Punch

by The Editor
July 27 2026
0

Apapa gridlock must be resolved permanently – Punch

Apapa gridlock must be resolved permanently – Punch

by The Editor
July 23 2026
0

Duty waivers must not become a fiscal hole – Punch

Duty waivers must not become a fiscal hole – Punch

by The Editor
July 20 2026
0

State airports: White elephant epidemic – Punch

State airports: White elephant epidemic – Punch

by The Editor
July 17 2026
0

Opinion

Remi Tinubu under fire over akara, roasted corn remarks

Beyond ‘akara’ leadership

by The Editor
July 6 2026
0

...

Trump’s U-turn on Iran war ends Israel’s Middle East dream

Trump’s U-turn on Iran war ends Israel’s Middle East dream

by The Editor
June 17 2026
0

...

Terrorists kidnap Army Major General, wife in Katsina

Slain General: When the protectors need protection

by The Editor
June 17 2026
0

...

Bandits attack mosque, kill 1, abduct 9 in Kaduna

When terrorism becomes the talk of town

by The Editor
June 9 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.