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

NCC boosts Federation Account by N70bn

The Citizen by The Citizen
April 4 2016
in Latest News, Uncategorized
A A
0

The Nigerian Communications Commission (NCC) has boosted the Federation Account by N70bn in the last six months, its executive vice chairman, Prof. Umar Danbatta, has said.

Danbatta said this in a lecture entitled: ‘Mainstreaming ICT for Poverty Reduction in Nigeria’ at the National Institute for Policy and Strategic Studies, Kuru on Friday.

The NCC boss said while the first tranche of the payment was made in December for the last quarter of 2015, the second tranche of about N35bn was made in March for the first quarter of 2016.

According to him, while the regulatory agency is authorised to use a portion of the Annual Operating Levies paid by operators for running the organisation, a certain proportion must be paid into the Federation Account on quarterly basis.

He also said that 40 per cent of the Annual Operating Levies paid by the telecommunications operators must be reserved for the Universal Access Provision Fund, which concentrates on bridging the gap in underserved and unserved communities in the rural and urban parts of the country.

Danbatta said service provision, especially broadband Internet among unserved communities, played a great role in poverty reduction as research had shown that access to Internet provides opportunities for people to create wealth.

However, he said investment in ICT alone was not enough for development to occur and be sustained or for poverty to be eradicated, adding that successful ICT poverty reduction interventions could only be achieved with an enabling environment, participation of the private sector and non-governmental organisations, free flow of information, access to ICT by women and youths, and capacity building.

He said, “Consequently, ICTs may be regarded as an enabler of other developmental efforts and infrastructure required for sustainable development. Only a banquet of strategies duly implemented can attempt to resolve the global menace of poverty.

“The challenge for the poor is inability to access information due to inadequate infrastructure, ignorance or illiteracy. The availability of information sources for the poor should be of great concern if poverty is to be reduced.

“For most developing countries, particularly those with large populations, inadequate infrastructure has made it difficult to participate as equal partners in the worldwide enterprise of knowledge production and dissemination.”

The Acting Director-General of the National Information Technology Development Agency, Dr. Vincent Olatunji, described information technology as an enabler that had the capacity to reduce the level of poverty in the country.

Olatunji, who was represented at the event by the Director of Software and Outsourcing, NCC, Mr. Christopher Okeke, listed several intervention programmes initiated by the agency to bridge the digital divide in the country, including the Rural Information Technology Centres. Punch

Previous Post

Abia to prosecute parents over child-hawking

Next Post

Fidelity Bank earns N146.9bn, to pay N4.6bn dividend

Related Posts

DSS bans operatives from arresting people over civil matters
Headlines

DSS bans operatives from arresting people over civil matters

September 3 2026
Uber commences drivers’ mask verification
Business

Uber shuts down Nigerian operations

September 2 2026
Jehovah’s Witnesses launch global campaign to help people find greater happiness, hope
Latest News

Jehovah’s Witnesses launch global campaign to help people find greater happiness, hope

September 1 2026
Jehovah’s Witnesses expand access to bible-based information in Nigerian languages
Latest News

Jehovah’s Witnesses expand access to bible-based information in Nigerian languages

September 1 2026
NFF debunks alleged FIFA letter threatening Nigeria with sanction
Latest News

NFF debunks alleged FIFA letter threatening Nigeria with sanction

September 1 2026
FG makes tertiary institution ranking compulsory for varsities, polytechnics
Latest News

FG makes tertiary institution ranking compulsory for varsities, polytechnics

September 1 2026
Next Post

Fidelity Bank earns N146.9bn, to pay N4.6bn dividend

Power accounts for 60% of costs, says UACN chief

Leave a Reply Cancel reply

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

FROM THE GRASSROOTS

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

Awujale: Ruling House sues Ogun, kingmakers

Awujale: Ruling House sues Ogun, kingmakers

by The Editor
August 25 2026
0

...

Umahi’s son wins Ohaozara chairmanship as APC sweeps all Ebonyi LGAs

Umahi’s son wins Ohaozara chairmanship as APC sweeps all Ebonyi LGAs

by The Editor
August 24 2026
0

...

APPOINTMENTS

Tinubu swears in Enitan as new Head of Service

Tinubu swears in Enitan as new Head of Service

by The Editor
August 28 2026
0

...

Tinubu names new Head of Service

Tinubu names new Head of Service

by The Editor
August 19 2026
0

...

Sahara Upstream positions Arahas and SGIR for next growth phase, deepens investment in African oilfield services

Sahara Upstream positions Arahas and SGIR for next growth phase, deepens investment in African oilfield services

by The Editor
August 8 2026
0

...

Police IG deploys new CPs to eight states, other formations

Police IG deploys new CPs to eight states, other formations

by The Editor
August 7 2026
0

...

ODDITIES

Palliatives: Sokoto residents feared dead in stampede at Wammako’s residence

Police Inspector slumps, dies after fitness exercise

by The Editor
September 3 2026
0

How friend deceived me to sell my kidney, bought phones with payment — Victim

How friend deceived me to sell my kidney, bought phones with payment — Victim

by The Editor
August 30 2026
0

Umahi files N2.5b defamation lawsuit against bloggers

Umahi files N2.5b defamation lawsuit against bloggers

by The Editor
August 26 2026
0

GLOBAL NEWS

Iran President thanks Putin for Russia’s stance in war with US

Iran President thanks Putin for Russia’s stance in war with US

by The Editor
September 1 2026
0

...

Saudi Arabia halts multiple visas for Nigeria, 13 others as U.S. suspends visa dropbox

US outlines two family visa options for permanent residence

by The Editor
September 1 2026
0

...

US Army Secretary submits resignation

US Army Secretary submits resignation

by The Editor
September 1 2026
0

...

Russia helps Niger Republic junta to retake military base

Russia helps Niger Republic junta to retake military base

by The Editor
August 30 2026
0

...

WHO declares global health emergency over Ebola outbreak in Congo, Uganda

WHO confirms Uganda Ebola-free, as virus continues spread in DRC

by The Editor
August 28 2026
0

...

State of the States

Fubara orders fresh LG elections in Rivers State

Fubara signs N1.84tt Rivers 2026 budget into law

by The Editor
September 3 2026
0

...

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

by The Editor
September 2 2026
0

...

Gov. Mutfwang convenes security council over Plateau attacks

Gov. Mutfwang convenes security council over Plateau attacks

by The Editor
September 2 2026
0

...

Enugu govt gets commendation for successful hosting of 2nd City Marathon

Enugu govt gets commendation for successful hosting of 2nd City Marathon

by The Editor
September 1 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Police slam treasonable felony charge on Katsina man for destroying Tinubu’s billboards

Police slam treasonable felony charge on Katsina man for destroying Tinubu’s billboards

September 3 2026
INEC to conduct mock presidential election

INEC to conduct mock presidential election

September 3 2026
Palliatives: Sokoto residents feared dead in stampede at Wammako’s residence

Police Inspector slumps, dies after fitness exercise

September 3 2026
FAAC shares N2.09tr to FG, states, local councils as October revenue

FAAC bonanza: Nigeria’s fiscal paradox – Punch

September 3 2026

EDITORIAL REVIEW

FAAC shares N2.09tr to FG, states, local councils as October revenue

FAAC bonanza: Nigeria’s fiscal paradox – Punch

by The Editor
September 3 2026
0

Interstate highways of agony, hollow excuses – Punch

Interstate highways of agony, hollow excuses – Punch

by The Editor
September 1 2026
0

Mass presence of governors in off-cycle elections – Punch

Mass presence of governors in off-cycle elections – Punch

by The Editor
August 27 2026
0

Clerics must preach peace, not division – Punch

Clerics must preach peace, not division – Punch

by The Editor
August 25 2026
0

Tax reform: Northern senators in closed-door meeting as bill scales second reading

Tax reform must end multiple taxation – Punch

by The Editor
August 24 2026
0

Opinion

 Akpakomiza and other stories

by The Editor
September 1 2026
0

...

‘Fake’ Agency: Adeyemi insists DG appointment genuine

Fake agencies: Why Nigeria still needs Oronsaye report

by The Editor
August 25 2026
0

...

How Adeleke danced back from the dead

How Adeleke danced back from the dead

by The Editor
August 19 2026
0

...

Adeleke’s win and the cost of winning at all costs

Adeleke’s win and the cost of winning at all costs

by The Editor
August 18 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.