In a move geared toward strengthening and managing the integrity of the revenue generation process in the Nigerian telecommunications industry, the Nigerian Communications Commission (NCC) has decided to ink a Public-Private Partnership (PPP) agreement with its consultant, 3R Company Nigeria Limited.
The deal, which was sealed at the Commission’s Head Office, Abuja two days ago will aid the execution of the Revenue Assurance Solutions (RAS), which is a brainchild of the Infrastructure Concession and Regulatory Commission (ICRC) that has been guiding the partnership implementation process to give expression to the decision to procure the Solution within a PPP framework due to the scope of the project.
While the Executive Vice Chairman and Chief Executive Officer of NCC, Prof. Umar Garba Danbatta, signed the agreement on behalf of the Commission, the Chief Executive Officer, 3R Nigeria Limited, Mr. Raymond Wodi, signed on behalf of his company.
“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,” said Prof. Danbatta.
He believes 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,” he added.
Also commenting, Raymond Wodi of 3R Company Nigeria Limited, thanked the Commission for the opportunity given to the company to serve the industry and the government through the deployment of 3R’s technology solution to ensure a more effective revenue generation from telecom licensees.
“Anybody that is familiar with the trends around the world, especially in Nigeria with respect to revenue challenge that the country is facing, will know that the deployment of RAS solution is the right way to go, as demonstrated by the NCC,” he said.
He assured that 3R is ready to meet and exceed expectations on the assignment. Director.