Nigeria: 70MHZ Spectrum Buyer to Pay N19 Billion\ for License - NCC

23 May 2016

By Zakariyya Adaramola

The Nigerian Communications Commission (NCC) says the company that won the 70MHz spectrum would pay N19 billion ($96m) for its licence.

Tony Ojobo, the NCC's Public Affairs Director who stated this in a statement at the weekend, said the bid process produced only one qualified bidder who expressed interest to bid for only six lots out of the 14 lots on offer.

...

AllAfrica Subscription Content

You must be an allAfrica.com subscriber for full access to certain content.

You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.

For information about our premium subscription services:

You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »

Already a subscriber? Sign in for full access to article

Forgot your password?

Tagged:

Copyright © 2016 Daily Trust. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.

AllAfrica is a voice of, by and about Africa - aggregating, producing and distributing 400 news and information items daily from over 100 African news organizations and our own reporters to an African and global public. We operate from Cape Town, Dakar, Abuja, Johannesburg, Nairobi and Washington DC.

AllAfrica - All the Time