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Revenue software: NCC faults alleged N600bn loss claim

The Nigerian Communications Commission (NCC) has described the allegation of N600 billion annual losses to delay in awarding contract for the implementation of “Revenue Assurance Software” as fictitious.

The commission said the loss could not have occurred because it has an existing system that ensures efficient revenue collection while the software project in question was to make it better.

Reacting to media reports alleging that the Federal Government of Nigeria is losing up to “N600 billion yearly” ostensibly because of the alleged failure of the Commission to issue a “contract award letter” to a firm which supposedly won a contract to implement a Revenue Assurance Software, NCC’s Executive Commission, Stakeholders Management, Mr. Sunday Dare, said the country is not losing any revenue as claimed by the consultant.

New Telegraph, December 31, 2018

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