The Nigerian Communications Commission has earned over N150 bn from spectrum license fees within the first five months of 2021, surpassing its projected revenue of N36 bn. This was contained in a press release titled ‘NCC surpasses revenue projection, post N150bn spectrum fee in five months’ issued on Sunday by NCC’s Director of Public Affairs, Dr Ikechukwu Adinde. Adinde said, “The figure represents over 400 per cent increase in revenue budget performance in respect of spectrum fees generated by the commission between January 1 and May 31, 2021, reflecting significant contribution to the revenue drive of the Federal Government. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH. Contact: [email protected]

Source: Punch July 04, 2021 23:33 UTC