NCC reiterates commitment to ensuring fair tax policies for telecom operators

The Nigerian Communications Commission (NCC) has said it remains committed to ensuring fair tax policies and eliminating every incident of multiple taxation and regulations impacting the Nigerian telecommunications industry.

NCC Executive Commissioner, (Stakeholder Management), Adeleke Adewolu, stated this at the combined second and third quarter’s 2023 meeting of the Industry Working Groups (IWG) on multiple taxation and regulations in the telecoms sector.

The meeting, held in Ibadan, Oyo State on Tuesday, was convened as a precursor to a more elaborate Regional Stakeholders Workshop on Multiple Taxation and Regulations, taking place in the state today.

The meeting was attended by senior executives of telecom licensees and their umbrella body, the Association of Licensed Telecom Operators of Nigeria (ALTON).

Speaking as staff of the Commission, Adewolu stated that a lot of milestones have been recorded by the industry since the establishment of the IWG over two decades ago.

Adewolu noted that the platform has proven to be effective in articulating industry concerns in this area and also proffering solutions to these issues.

“Considerable industry gains have been recorded lately, particularly as it relates to the issue of multiple taxation.

“For instance, His Excellency, President Bola Tinubu recently signed Four Executive Orders designed to curb multiple taxation in the Country.

“Key amongst them is the Executive Order for the suspension of the five per cent Excise Duty on telecommunication services as well as Excise Duties escalation on other locally manufactured products,” he said.

READ ALSO: Active mobile subscriptions rise to 220.5 million in July 2023 –NCC

He described the gains as laudable as, according to him, they continue to serve as inspiring landmarks for the industry.

He said the gains underscored what can be achieved when the entire industry comes together harmoniously to speak with one voice on existential concerns undermining the economic health of the communications industry.

However, the NCC Executive Commissioner said there was a lot of work to be done as the industry was still beguiled by arbitrary Right of Way (RoW) charges, hidden nuisance taxes and unauthorised regulatory encroachment into the communications industry.

As such, he said the Commission has continued to work assiduously to ensure harmonisation of RoW charges across the country.

READ ALSO: NCC says ECC designed to provide employment placements for youths

He said aside from several existing agencies the Commission has been working with, it is also collaborating strategically with some sister agencies.

The agencies, he said, included the Federal Inland Revenue Service (FIRS), in line with the National Economic Council (NEC) Resolution of 2012 and the Nigerian Maritime Administration and Safety Agency (NIMASA).

Adewolu tasked telecom licensees to continue to bring burning issues on multiple taxation and regulation to the attention of the Commission as they experience in their daily operation.

He also assured them of NCC’s decision to always make necessary regulatory intervention to boost industry growth.