NITDA Fund: EFCC, DSS to investigate telecoms providers

Alhaji Lado Abdullahi, Chairman, House of Representatives Committee on ICT, says EFCC will join the committee to investigate telecom providers, over alleged non-remittance of the one per cent annual turnover to NITDA. Abdullahi told newsmen in a telephone interview on Monday that effort of the committee is to ensure it meets the one-month deadline by the House. News Agency of Nigeria (NAN) reports that the National Information Technology

Development Agency (NITDA) Act says telecoms providers should remit a percentage of their annual turnover to NITDA to install infrastructure. A source at NITDA alleged that telecom providers owed the agency over N200billion which he said had caused Nigeria to lose a verifiable source of revenue generation thus hampering development. Abdullahi said the house would ensure that the Chief Executive Officers of the nation’s telecom providers accounted for their alleged failure to remit the fund to NITDA for several years.