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In a fresh development, the Nigerian Communications Commission (NCC) has announced that it has finally signed and sealed a Public-Private Partnership (PPP) agreement with one of its consultants, the 3R Company Nigeria Limited, which would be in charge of the handling of the execution of the Revenue Assurance Solutions (RAS) to strengthen and manage the integrity of the revenue generation process in the Nigerian telecommunications industry.
The agreement-signing ceremony which had taken place at the Commission’s Head Office, Abuja on Friday, June 17, 2022, was attended by some of the representatives of the Infrastructure Concession and Regulatory Commission (ICRC).
While Prof. Umar Garba Danbatta who is the Executive Vice Chairman and Chief Executive Officer of NCC, signed the agreement on behalf of the Commission, the Chief Executive Officer, 3R Nigeria Limited, Mr. Raymond Wodi, was the major signatory on behalf of his company.
Speaking at the event, Danbatta said the decision of the NCC to opt for RAS was to bolster the efforts of the Federal Government in increasing revenue generation, especially at a time when the resources at the disposal of the government are dwindling by the day.
The EVC stated that the deployment of RAS would enhance monitoring and regulatory activities concerning Annual Operating Levy (AOL) administration in the telecommunications industry and confer higher levels of integrity and fidelity on the AOL figures obtainable in the industry.
“It is our belief that if we can be able to deploy RAS and ensure we get the true picture of what the Mobile Networks Operators (MNOs) are supposed to be paying by way of AOL, we would have accomplished an important milestone in the area of revenue generation for the Commission as well as for the government,” Danbatta said.
The EVC commended the ICRC for the guidance provided in the process of consummating the partnership and he also openly praised the Project Delivery Team (PDT), comprising staff of the Commission, who worked tirelessly in ensuring that the project was brought to fruition and for all their efforts.