The Nigerian Communications Commission (NCC) has finally signed a public-private partnership (PPP) agreement with its consultants, 3R Company Nigeria Limited, for the execution of Revenue Assurance Solutions (RAS) to enhance and manage the integrity of the revenue generation process in the Nigerian telecommunications industry.
The signing ceremony of the agreement, which took place at the Commission’s headquarters in Abuja over the weekend (Friday 17 June 2022), was attended by representatives of the Infrastructure Concessions Regulatory Commission (ICRC). The ICRC guided the implementation process of the partnership to materialize the decision to acquire the RAS solution in a PPP framework due to the scale of the project.
While the Executive Vice President and Managing Director of NCC, Prof. Umar Garba Danbatta, signed the agreement on behalf of the Commission, the Managing Director of 3R Nigeria Limited, Mr. Raymond Wodi, signed on behalf of his company. .
Speaking at the event, Danbatta said the NCC’s decision to opt for RAS was intended to bolster the federal government’s efforts to increase revenue generation, especially at a time when the resources available of the government are diminishing day by day.
EVC stated that the deployment of RAS would improve oversight and regulatory activities regarding the administration of the Annual Operating Charge (AOL) in the telecommunications industry and provide higher levels of integrity and fidelity. to AOL figures obtainable in the industry.
“We believe that if we could deploy RAS and ensure that we have a true picture of what mobile network operators (MNOs) are expected to pay through AOL, we would have achieved a significant milestone in the area of data generation. revenue for the Commission as well as the government,” Danbatta said.
The EVC commended the ICRC for the guidance provided in the process of realizing the partnership. He also commended the Project Implementation Team (PDT), comprised of Commission staff, who worked tirelessly to ensure the delivery of the project, for their efforts and urged 3R Nigeria Limited to ensure the deployment and effective implementation of the project within its scope, objective and government expectations.
In his commentary, Raymond Wodi of 3R Company Nigeria Limited, thanked the Commission for the opportunity given to the company to serve industry and government through the deployment of 3R’s technology solution to ensure more efficient revenue generation from telecommunications licensees. He also assured stakeholders that 3R is ready to meet and exceed mission expectations.