NCC to spend N100m on fuel, phone, others in 2016 budget‎

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The Nigerian Communications Commission (NCC) will spend N100 million on fuel, diesel, utilities and telephone expenses in 2017.  

This was contained in the N70, 672,492,000 2016 budget of the Commission passed by the Senate yesterday. 

President Muhammadu Buhari had in July this year submitted NCC’s budget alongside 37 other federal agencies to the National Assembly for approval. 

Out of the N70.6 billion budget, recurrent expenditure takes N22.2 billion; capital expenditure gets N15.7 billion, N6.6 billion for special projects while the sum of N8.6 billion and N17.7 billion will be transferred to the Universal Service Provision Fund and the Federal Government respectively. 

Passage of the budget followed consideration of the report of the Senate Committee on Communications led by Senator Gilbert Nnaji (PDP Enugu East).

Nnaji, in his presentation of budget report, stated that the Commission’s revenue consists of Annual Operating Levy (N29 billion); License Fees (N1.2 billion); Spectrum Fees (N35.7 billion); Numbering Plan (N4.4 billion); Administrative Charges (N1.5 million); Type Approval Fees (N165 million) and Sundry Income (N30.3 million).

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