Nigerian Regulator Budgets $500K for RA System

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.

Eric Priezkalns
Eric Priezkalns
Eric is the Editor of Commsrisk. Look here for more about the history of Commsrisk and the role played by Eric.

Eric is also the Chief Executive of the Risk & Assurance Group (RAG), a global association of professionals working in risk management and business assurance for communications providers.

Previously Eric was Director of Risk Management for Qatar Telecom and he has worked with Cable & Wireless, T‑Mobile, Sky, Worldcom and other telcos. He was lead author of Revenue Assurance: Expert Opinions for Communications Providers, published by CRC Press. He is a qualified chartered accountant, with degrees in information systems, and in mathematics and philosophy.