NCC acknowledge payment of N70bn into Federation Account

The Nigerian Communications Commission (NCC), has disclosed that in the last one year it has remitted N70 billion into the Federation Account.

This is contained in a statement by the Special Assistant on Media to the chief executive of the commission, Mr Yakubu Musa, released in Abuja on Monday.

The statement added that the total remittance “is in addition to the N30 billion paid by MTN Nigeria as a part payment of the N330billion fine slammed on it by the commission.

In the statement, it was revealed that the commission among the 63 countries that participated in the European Society for Quality Research scooped the European Award for Best Practices 2016 in the Gold category.

The award was in recognition of its outstanding commitment, support and results in quality management strategies.

“The ceremony, which held in Brussels, Belgium, was hosted by the European Society for Quality Research (ESQR), an affiliate of the European Union (EU).