The lower house of the Nigeria’s legislative chamber has approved a budget for their telecoms regulator which includes NGN100mn (USD500K) for revenue assurance/monitoring software, as reported by The Nation and BizTechAfrica.
A further NGN100mn (USD500K) is earmarked for the planning, design and implementation of a ‘world class’ e-crime and digital forensic project, though no further details were provided.
To put these amounts into perspective, the revenues of the Nigerian Communications Commission (NCC) are projected to be NGN60bn (USD300mn), of which nearly half comes from an annual operating levy on telcos, and NGN5bn (USD25mn) comes from returns on its investments. NCC will spend NGN18.4bn (USD92mn) on capex for school support, NGN10.7bn (USD54mn) on staff costs, NGN1.6bn (USD8mn) on emergency communication centres, NGN50mn (USD250K) for a new service lift, and NGN5mn (USD25k) on gym equipment.
