• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home National NCC Issues Clarification on N1.4tr to GDP
  • National

NCC Issues Clarification on N1.4tr to GDP

By
Yakubu Musa
-
July 15, 2016

Prof Danbatta addressing StaffOur attention has been drawn to media reports quoting  the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Professor Umar GarbaDanbatta, 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 ECV was reported to have made the disclosure during a courtesy call to Kano State Governor on Wednesday, July 13, 2016.

We wish to however unequivocally state that what a section of media attributed to him was not the accurate representation of what he said at Kano State Government House on Wednesday.

Read Also:

  • African Ambassador Demands Urgent Industrialization to End Poverty
  • Christian Genocide and the Dangers of Mischaracterisation By Femi Fani-Kayode
  • PRNigeria Inducts New Fellows in Ilorin After Staff Kidnapping Ordeal

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.

Yakubu Musa
SA (Media) to EVC
July 15, 2016

PRNigeria encourages institutions to be transparent in their information management as it provides news items from authoritative sources for free use by the media

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • National Bureau of Statistics
  • Nigerian Communications Commission
  • Professor Umar GarbaDanbatta
Previous articleNigerian Troops Recover Gun Truck from Ambushed Terrorists
Next articleFG Signs Agreement With SMEC Intl Pty Ltd To Address Water Degradation Challenges In The North-East
Yakubu Musa
Yakubu Musa
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
Facebook Twitter

RELATED ARTICLESMORE FROM AUTHOR

African Ambassador Demands Urgent Industrialization to End Poverty

Christian Association of Nigeria CAN

Christian Genocide and the Dangers of Mischaracterisation By Femi Fani-Kayode

NUC Approves 13 New Degree Programmes for Nigerian Universities

Farmers

Beyond the Rain: Nigerian Farmers Reimagine Survival in a Climate of Change” By Shakirudeen Abdulazeez

Nigerian Youths

Empowering Nigerian Youth in Building a Climate-Resilient Future By Mustapha Abdulganiyu

President Bola Ahmed Tinubu

Nigeria’s Painful Path from Policy to Prosperity By Shukurat T. Ibrahim

Communication is National Security, Not Just Media Work – NIPR President

Tinubu’s Sudden Military Overhaul Rekindles Coup Fears, Public Reactions Flood Twitter

Anambra Guber Poll: INEC Deploys AI Virtual Assistant to Train Staff

President Bola Ahmed Tinubu

‘Tell Nigerians the Truth’: ADC Challenges Tinubu on Military Shake-Up

Oluyede, Shaibu, Aneke, Abbas: Faces, Records and Mission of Tinubu’s New Service Chiefs

COAS Waidi Shuaibu: Profile of The Battlefield Strategist to  Redefine Nigerian Army Leadership

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • African Ambassador Demands Urgent Industrialization to End Poverty
  • Christian Genocide and the Dangers of Mischaracterisation By Femi Fani-Kayode
  • PRNigeria Inducts New Fellows in Ilorin After Staff Kidnapping Ordeal
  • NUC Approves 13 New Degree Programmes for Nigerian Universities
  • On Kwara’s Silent Crisis By Aromaradu S. Salihu
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
African Ambassador Demands Urgent Industrialization to End PovertyChristian Genocide and the Dangers of Mischaracterisation By Femi Fani-KayodePRNigeria Inducts New Fellows in Ilorin After Staff Kidnapping OrdealNUC Approves 13 New Degree Programmes for Nigerian UniversitiesOn Kwara’s Silent Crisis By Aromaradu S. SalihuBeyond the Rain: Nigerian Farmers Reimagine Survival in a Climate of Change" By Shakirudeen AbdulazeezUnlocking Nigeria’s Fiscal Future Through Tax Reform By Abdullateef M AwalEmpowering Nigerian Youth in Building a Climate-Resilient Future By Mustapha AbdulganiyuNigeria’s Painful Path from Policy to Prosperity By Shukurat T. IbrahimMilitary Repels ISWAP Fighters in Gamboru NgalaFCT Police Clamp Down on Criminal Hideouts, Arrest 62 SuspectsKano Police Arrest 2 Suspected Bandits, Move to Resolve Herders-Farmers Clash in MakodaCommunication is National Security, Not Just Media Work – NIPR PresidentCustoms Hands Over N562 Million Worth of Seized Drugs to NDLEA, Arrests Suspect in LagosFG Moves to Strengthen Nigeria’s Global Voice, Counter Negative Campaigns
X whatsapp