Only MTN is Making Profit in Nigeria-NCC

Date: 18-07-2012 6:13 am (11 years ago) | Author: Omogbolahan Babs
- at 18-07-2012 06:13 AM (11 years ago)
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The Executive Vice Chairman, Nigerian Communications Commission (NCC) Mr Eugene Juwah, says the only telecommunications service provider making profit in the country is MTN.
Juwah made this known yesterday in Abuja at the commencement of a two-day public hearing by the Senate Committee on Communications on the deteriorating services by GSM service providers.

He told the committee that based on available records, only MTN was making profit, adding that “operators’ accounts are audited and it is on this basis that we take our decisions. Service providers don’t pay revenue to the NCC based on profit, they do so based on their revenue. We are just privileged as regulators to have their accounts.”


The representative of the Federal Inland Revenue Service, Mr Kabiru Mohammed, who told the committee that the service providers were paying taxes, said he could not comment on the quantum of the profit offhand.

Speaking on health hazard of base stations, Juwah said this was not true, since a research had proven that base stations did not constitute health problems to people.


Posted: at 18-07-2012 06:13 AM (11 years ago) | Gistmaniac