Home » NCC generates N150 billion spectrum revenue for FG

NCC generates N150 billion spectrum revenue for FG

By Blessing Olaifa, Abuja

The Nigerian Communications Commission (NCC) has generated N150 billion spectrum revenue for the Federal Government between January and May.

The revenue exceeded NCC’s N36 billion projected revenue from spectrum license fees for 2021.

According to Director of Public Affairs of NCC Dr Ikechukwu Adinde, the figure represents over 400 per cent increase in revenue budget performance in respect of spectrum fees generated between January 1 and May 31, 2021. Adinde disclosed in a statement the feat reflects “significant contribution to the revenue drive of the Federal Government

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