Association urges NCC to study dwindling ICT companies

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LAGOS – The Nigerian Communications Commission (NCC) has been advised carry out a thorough study find out why some and Communications (ICT) companies were dying.

Mr Titi Omo-Ettu, a former President the Telecommunications Companies Nigeria (ATCON) gave the advice on Tuesday, at an interactive session with newsmen in Lagos.

Omo-Ettu said that embarking on such a study would indicate whether the dying companies needed some forms bail out the NCC.

He said that the study should be carried out in the interest of the ICT sector, so that it could continue contribute meaningfully the Gross Domestic Product () of the country.

According him, some ICT companies be closing down due to managerial faults, while some be as a result of the business environment.

of ATCON, Mr Lanre Ajayi, also said the reduction of  ICT companies had always worried the .

Ajayi said that ATCON was doing all it could to ensure that policies were favourable to its members.

“We are yet to approach on the dying ICT companies; we discuss it in the National Council(NEC) meeting, to know how to go about it,” he said.

The ATCON said the NEC members would find out a genuine reason why such companies should be bailed out.

The First Vice-President of ATCON, Mr Olusola Teniola, said that multiple taxation and Right of Way (RoW) fees were among the challenges facing the Internet Service Providers (ISPs) in the industry.

Teniola said those challenges had made many ISPs to go into extinction, hence, the need for NCC to look into them.

“If you do not have a deep pocket, you find it difficult to operate in the Nigerian ICT industry,” he said. (NAN