Skip to content
July 17, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • NCC reaffirms commitment to regulatory excellence to strengthen telecoms sector
  • Business & Economy

NCC reaffirms commitment to regulatory excellence to strengthen telecoms sector

Admin September 6, 2023

L-R: Lagos Zonal Controller, Nigerian Communications Commission (NCC), Henry Ojiokpota; Assistant Director, Financial Services, NCC, Chika Anohu; Executive Commissioner, Stakeholder Management, NCC, Adeleke Adewolu; Head, Compliance Monitoring, NCC, Isa Olatinwo; Executive Secretary, Association of Licensed Telecom Operators of Nigeria, Gbolahan Awonuga and Ibadan Zonal Controller, NCC, Dr. Olubunmi Bamijoko, during NCC’s quarterly meeting of Telecom Industry Working Group on Multiple Taxation and Regulations in Ibadan, Oyo State, on Tuesday.

L-R: Lagos Zonal Controller, Nigerian Communications Commission (NCC), Henry Ojiokpota; Assistant Director, Financial Services, NCC, Chika Anohu; Executive Commissioner, Stakeholder Management, NCC, Adeleke Adewolu; Head, Compliance Monitoring, NCC, Isa Olatinwo; Executive Secretary, Association of Licensed Telecom Operators of Nigeria, Gbolahan Awonuga and Ibadan Zonal Controller, NCC, Dr. Olubunmi Bamijoko, during NCC’s quarterly meeting of Telecom Industry Working Group on Multiple Taxation and Regulations in Ibadan, Oyo State, on Tuesday.

 

The Nigerian Communications Commission (NCC) has said it remains committed to its regulatory role of continually implementing requisite reforms to strengthen the communications sector in Nigeria.

The Executive Commissioner, Stakeholder Management at the NCC, Adeleke Adewolu, stated this while addressing stakeholders at the combined second and third quarters 2023 meeting of the Industry Working Groups (IWG) on multiple taxation and regulations in the telecoms sector.

The meeting, which held in Ibadan, Oyo State on Tuesday, was convened as a precursor to a more elaborate Regional Stakeholders Workshop on Multiple Taxation and Regulations, scheduled to take place in the State on Wednesday.

Addressing the meeting, attended by senior executives of telecom licensees and their umbrella body, the Association of Licensed Telecom Operators of Nigeria (ALTON), as staff of the Commission, Adewolu said the IWG’s activities are geared towards ensuring fair tax policies and eliminating every incident of multiple taxation and regulations impacting the Nigerian telecommunications industry.

He stated that a lot of milestones have been recorded by the industry since the establishment of the IWG over two decades ago, as the platform has proven to be effective in articulating industry concerns in this area and also proffering solutions to these issues.

“Considerable industry gains have been recorded lately, particularly as it relates to the issue of multiple taxation. For instance, His Excellency, President Bola Ahmed Tinubu recently signed Four Executive Orders designed to curb multiple taxation in the Country.

“Key amongst them is the Executive Order for the suspension of the five per cent Excise Duty on telecommunication services as well as Excise Duties escalation on other locally manufactured products,” he said.

He described the gains as laudable as, according to him, they continue to serve as inspiring landmarks for the industry, underscoring what can be achieved when the entire industry come together harmoniously to speak with one voice on existential concerns undermining the economic health of the communications industry.

However, the Executive Commissioner said there remains a lot of work to be done as the industry was still beguiled by arbitrary Right of Way (RoW) charges, hidden nuisance taxes and unauthorised regulatory encroachment into the communications industry.

As such, he said the Commission has continued to work assiduously to ensure harmonisation of RoW charges across the country.

He said aside several existing agencies the Commission has been working with, it is also collaborating strategically with sister agencies such as the Federal Inland Revenue Service (FIRS), in line with the National Economic Council (NEC) resolution of 2012 and the Nigerian Maritime Administration and Safety Agency (NIMASA).

“We are also working with the Nigerian Mainstream and  Downstream Petroleum Regulatory Authority (NMDPRA), all in a bid to ensure the regulatory actions taken by the agencies are well synchronised with the regulatory objectives of the Commission, in a manner that boosts market development and industry sustainability,” he said.

While tasking telecom licensees to continue to bring burning issues on multiple taxation and regulation to the attention of the Commission as they experience in their daily operation, Adewolu also assured them of NCC’s decision to always make necessary regulatory intervention to boost industry growth.

“The Commission is always inclined to executing the requisite reform that will strengthen the Communications Sector and deepen market development,” he said, as he urged all stakeholders at the IWG meeting to deliberate frankly and productively in highlighting pressing and key issues that require urgent attention.

 

 

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Adeleke Adewolu FIRS Industry Working Groups multiple taxation NCC NIMASA Telecoms sector

Post navigation

Previous Security alert as Nigerians await judgment; Ag IGP deploys 7 DIGs, 5 AIGs
Next We didn’t sack 10,000 workers – Abia govt. clarifies 

Related Stories

NCC reviews MVNO business rules to deepen competition, expand telecom access
  • Business & Economy

NCC reviews MVNO business rules to deepen competition, expand telecom access

July 16, 2026
28 vessels to arrive Lagos ports with petroleum products, food, others- NPA greater efficiency
  • Business & Economy

28 vessels to arrive Lagos ports with petroleum products, food, others- NPA

July 16, 2026
Goodbye Physical IDs: FAAN Introduces Biometric ‘V-Pass’ to Transform Domestic Air Travel Airport
  • Business & Economy

Goodbye Physical IDs: FAAN Introduces Biometric ‘V-Pass’ to Transform Domestic Air Travel

July 16, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

2027 elections: Police commence recovery of illegal arms nationwide Police
  • National News

2027 elections: Police commence recovery of illegal arms nationwide

July 17, 2026
Absence of Regina Daniels’ friend, Izuegbu stalls arraignment over ‘illegal substances, criminal defamation’
  • Crime and Justice

Absence of Regina Daniels’ friend, Izuegbu stalls arraignment over ‘illegal substances, criminal defamation’

July 17, 2026
Alleged defamation: Gbajabiamila sues fake agency DG, Adeniyi Adeyemi, for ₦15 billion
  • Crime and Justice

Alleged defamation: Gbajabiamila sues fake agency DG, Adeniyi Adeyemi, for ₦15 billion

July 16, 2026
Aisha Achimugu loses ₦8.9bn assets to FG: Court verdict
  • Crime and Justice

Aisha Achimugu loses ₦8.9bn assets to FG: Court verdict

July 16, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.