The Nigerian Communications Commission (NCC) has clarified media reports quoting the Executive Vice Chairman (EVC) of the Professor Umar Garba Danbatta, as saying that the NCC has realised over N1.4 trillion in the first quarter of 2016”, and “the funds generated was part of their contribution to the country’s Gross Domestic Product (GDP).
The EVC was reported to have made the disclosure during a courtesy call to Kano State Governor on Wednesday, July 13, 2016.
A statement from the Commission explained that that “what a section of media attributed him was not the accurate representation of what he said at Kano State Government House on Wednesday.
To set the record straight, the EVC was only quoting a recent report of the National Bureau of Statistics (NBS), which puts the entire contribution of the telecommunications sector to the GDP, during the period under review, at N1.4 trillion and thus not funds generated by the Commission as alluded by the reports.
In fact, this was not the first time the EVC was referring to the NBS report at a function and the media, including the respected newspapers, which erroneously published the story, had always reported him accurately.
Yet the NCC has been in the vanguard of generating non-oil revenue for the nation and under the leadership of its current EVC, it has just realized $ 96 million for the Federal Government from a successful auctioning of 2.6GHz spectrum, which MTN Nigeria paid for 5 MHz of 6 slots of 30MHz.”
Similarly, the commission has remitted the sum of N70 billion to the federation account from December 2015 to March 2016.
“These and many more, including the N1.4 trillion telecom sector contribution to the GDP, are no doubt parts of significant feats under Danbatta’s leadership”, the statement added.
