The Nigerian Communications Commission is to carry out a comprehensive review of Annual Operating Levy (AOL) charged telecom operators to enhance sanity in the industry.
Executive Vice Chairman (NCC), Dr Eugene Juwah, stated this at the Public Inquiry on the Annual Operating Levy (AOL)Regulations yesterday in Abuja. The forum was part of the Commission's rule-making process aimed at ensuring wide consultations in the enactment of the commission's regulations. Juwah said that the reduction of the AOL percentage payment raised by operators was not logical for now.
"Nigeria is one of the Countries collecting the least amount of AOL which is 2.5 per cent, I have seen AOL of 12 per cent in the Caribbean's, and you should not forget that 40 per cent of the 2.5 per cent goes to USPN for them to provide subsidies for some projects we all are to benefit from, neither has the cost of the regulator decreased, though the number of subscribers , base stations, infrastructure has increased, we have to monitor, employ and enforce the law'.