General
NCC, Consultant Seal Deal to Deploy RAS for Higher Revenue
By Adedapo Adesanya
The Nigerian Communications Commission (NCC) has signed a Public-Private Partnership (PPP) agreement with a consultant, 3R Company Nigeria Limited, for the execution of the Revenue Assurance Solutions (RAS) to boost the revenue generation process in the telecommunications industry.
According to a statement, the agreement-signing ceremony happened at the commission’s head office in Abuja on Friday, June 17, 2022, and was witnessed by representatives of the Infrastructure Concession and Regulatory Commission (ICRC).
The ICRC has been guiding the partnership implementation process to give expression to the decision to procure the solution within a PPP framework due to the scope of the project.
The Executive Vice Chairman and Chief Executive Officer of NCC, Mr Umar Garba Danbatta signed the agreement on behalf of the NCC while the Chief Executive Officer of 3R Company Nigeria Limited, Mr Raymond Wodi, signed on behalf of his organisation.
Speaking at the event, Mr Danbatta said the decision of the NCC to opt for RAS was to bolster the efforts of the federal government in increasing revenue generation, especially at a time when the resources at the disposal of the government were dwindling by the day.
The EVC stated that the deployment of RAS would enhance monitoring and regulatory activities concerning Annual Operating Levy (AOL) administration in the telecommunications industry and confer higher levels of integrity and fidelity on the AOL figures obtainable in the industry.
“It is our belief that if we can be able to deploy RAS and ensure we get the true picture of what the Mobile Networks Operators (MNOs) are supposed to be paying by way of AOL, we would have accomplished an important milestone in the area of revenue generation for the Commission as well as for the government,” Mr Danbatta said.
The EVC commended the ICRC for the guidance provided in the process of consummating the partnership and also praised the Project Delivery Team (PDT) comprising staff of the commission, who worked tirelessly in ensuring that the project was brought to fruition and for all their efforts.
He urged the 3R Company Nigeria Limited to ensure effective deployment and implementation of the project within its scope, objective and government expectations.
In his comment, Mr Wodi thanked the NCC for the opportunity given to the company to serve the industry and the government through the deployment of 3R’s technology solution to ensure a more effective revenue generation from telecommunication licensees, assuring stakeholders that his firm was ready to meet and exceed expectations on the assignment.
Director, Internal Audit, ICRC, Mr Togunde Dada-Hammed, who represented the Director-General of ICRC, Mr Michael Ohiani, commended the NCC for the bold decision to deploy RAS.
“Anybody that is familiar with the trends around the world, especially in Nigeria with respect to revenue challenge that the country is facing, will know that the deployment of RAS solution is the right way to go, as demonstrated by the NCC,” Mr Dada-Hammed said.
The RAS project is designed to be connected to the licensed telecommunications operators’ systems and will have the capability of capturing and reporting in real-time the billing activities by the operators for the purposes of computing and assuring with minimal or no error margin, the accrued AOL payable to the NCC by the licensees.
When deployed, the NCC RAS will bring a lot of solutions to the industry, including more effective and enhanced monitoring and regulation of the licensed telecommunications operators by the Commission.
By Aduragbemi Omiyale
The annual retreat for business managers and executives organised by the Nigeria Employers’ Consultative Association (NECA) will take place from April 16 to 18, 2026, at the AAE & T Hotel, Kuto, Abeokuta, Ogun State.
This year’s edition is themed The Resilient Enterprise, People and Systems: Building and Managing Businesses that Outlive Seasons, Cycles and Crises.
The programme aims to equip leaders with the insights, tools, and networks required to build resilient organisations in an increasingly complex business environment.
It will provide a unique platform for executive-level engagement through high-level conversations, peer learning sessions with experienced leaders, strategy reflection workshops, and curated networking opportunities.
Expected to attend are industry leaders, senior executives, and business managers from across sectors. They will explore strategies for sustaining organisational performance through leadership transitions, economic cycles, regulatory shifts, and market disruptions.
Participants will also benefit from interactive discussions focused on strengthening corporate governance, developing agile leadership capabilities, and building organisational systems that can withstand periods of uncertainty and transformation.
A notice from NECA said the event is open to both members and non-members, with participation fees set at N300,000 for members and N320,000 for non-members. Discounts will also be available for Gold and Silver members, subject to applicable terms and conditions.
Interested participants are encouraged to register via the official registration link to secure their place at the retreat, which promises to deliver valuable insights and connections for executives seeking to build enterprises capable of thriving through seasons of change and uncertainty.
The Director-General of NECA, Mr Adewale Smatt-Oyerinde, noted that by convening business managers and senior executives in a collaborative learning environment, the association aims to contribute to the development of stronger, future-ready enterprises that can drive economic growth, create jobs, and support national development even in the face of evolving global and local challenges.
He added that the retreat will provide executives with the opportunity to step away from daily operational demands and engage in deeper strategic conversations with peers and industry experts.
“The theme of this year’s retreat speaks directly to the realities businesses face today. Across sectors, organisations are navigating leadership transitions, regulatory shifts, economic pressures, and technological disruption.
“What distinguishes enduring enterprises is their ability to build strong systems, develop capable leaders, and create organisational cultures that can adapt and respond effectively to change,” the NECA chief said.
By Modupe Gbadeyanka
In further demonstration of its unwavering commitment to its workforce, Nigeria’s foremost power generation company, Egbin Power Plc, has unveiled 80 new residential housing units for employees within its plant premises in Egbin, Lagos State.
This comprises 40 fully furnished three-bedroom apartments and 40 furnished studio apartments, all designed to contemporary standards.
The units feature modern infrastructure and thoughtfully planned utilities, creating a safe, comfortable, and conducive living environment that supports both employee productivity and family well-being.
This strategic investment underscores the company’s philosophy that a well-supported workforce is fundamental to sustained operational excellence.
The new housing units are part of a holistic strategy to cultivate a stable, motivated, and future-ready workforce.
This strategy extends beyond infrastructure to encompass robust career development and recognition. Over the past three years, Egbin Power has promoted 112 employees across various cadres, reinforcing a culture that rewards merit, performance, and long-term dedication
“At Egbin Power, our people are our most valuable asset. Even amidst the prevailing liquidity and operational realities within the broader power sector, our focus on employee welfare has remained deliberate and consistent.
“This significant expansion of our residential estate is a tangible expression of that commitment.
“It is one of several key initiatives aimed at ensuring our employees feel genuinely supported, allowing them to thrive both personally and professionally,” the chief executive of Egbin Power, Mr Mokhtar Bounour, said.
Initiated in 2025 and completed in January 2026, this project is the latest milestone in Egbin Power’s structured and ongoing approach to enhancing employee welfare. It reflects the energy firm’s dedication to fostering a culture where every team member feels valued, secure, and motivated.
By Aduragbemi Omiyale
On Tuesday, March 10, 2026, at the Nigerian Exchange Group House in Lagos, the role of capital markets in promoting gender equality will be reemphasised through the closing gong ceremony in commemoration of International Women’s Day 2026.
The ceremony is part of the global Ring the Bell for Gender Equality campaign, which mobilises stock exchanges worldwide to expand women’s participation in the economy and advance gender-inclusive practices.
In Nigeria, the NGX Group is partnering with the Central Securities Clearing System (CSCS) Plc and Women in Management, Business and Public Service (WIMBIZ) to make it memorable under the theme Rights. Justice. Action. For ALL Women and Girls.
Dignitaries expected at the ceremony include the Minister of State for Foreign Affairs, Mrs Bianca Odumegwu-Ojukwu; the First Lady of Imo State, Mrs Chioma Uzodimma; the Executive Commissioner for Legal and Enforcement at the Securities and Exchange Commission (SEC), Ms Frana Chukwuogor; foremost actor, Ms Funke Akindele; a Director at the NGX Group, Ms Ojinnika Olaghere; and another staffer of NGX Group, Mrs Fatima Wali-Abdulrahman, alongside board members of NGX Group, regulators, capital market stakeholders, and industry leaders.
NGX Group is joining other exchanges worldwide in sounding the NGX Gong to underscore the importance of inclusive leadership, equal opportunities, and stronger market accountability in advancing gender equality.
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