Nigerian Communication Commission (NCC) has realised over N1.4 trillion in its operations in the first quarter of 2016.
Umar Danbatta, professor and executive vice chairman of the commission, said in Kano on Wednesday while paying a courtesy call on Abdullahi Ganduje, governor of the state.
Dambatta revealed that the generated money was part of their contribution to the country’s gross domestic product (GDP).
He also said “multiple taxation, coupled with obstruction of right of way for development in states of the federation has been identified as the major challenge militating against the growth and development of telecom service providers in the country”.
The executive vice chairman emphasised that Nigeria was one of the fastest growing nations in the communication sector in the world.
“Today more than 78 million people in Nigeria have access to the Internet. And we are all witnesses to the level of growth of the use and application of the social media and Internet-related products and services”.