General
NCC to Use Revenue Assurance Solution to Block Leakages
By Adedapo Adesanya
The Nigerian Communications Commission (NCC) says it is going to deploy Revenue Assurance Solution (RAS) to monitor revenue generated by its licensees in a bid to block leakages in their Annual Operating Levy (AOL).
This was disclosed by the Executive Vice-Chairman, (EVC) of the telecommunications industry regulator, Mr Umar Danbatta, on Friday in Abuja, during an interactive session with stakeholders on the deployment of RAS in the Nigerian telecommunication industry.
Speaking on the importance of RAS to the nation’s economy, Mr Danbatta said it would enable the commission to determine how much their licensees generate annually.
He explained that the technology solution would not wait for licensees to submit information to the commission before determining what they should pay as AOL.
“The financial burden of deployment will be on the operators. This project relieves the commission of the initial financial burden that will be required for the deployment of the RAS project.
“It will also ensure that accurate revenue generated by the licensed network operators are tracked, analysed and utilised for the benefit of the industry. Beyond revenue assurance, when deployed, the NCC RAS will bring a lot of solutions to the industry,” he said.
He added that the solution would include more effective and enhanced monitoring and regulation of the licensed telecommunications operators by the commission.
The EVC said the commission believed that the deployment of an appropriate revenue assurance solution would confer higher levels of integrity and fidelity on the AOL figures obtainable in the industry.
He also said the RAS would enable NCC to validate the information, records and data supplied to it by the licensees from time to time, amongst others.
“This is in addition to plugging possible loopholes and leakages in the revenue computation and collection processes. AOL is a very important tool in the regulation of the telecommunications industry. In Nigeria, the importance of AOL is well expressed in the Nigerian Communications Act 2003.
“AOL can be described as the taproot of an efficient and effective telecommunications regulatory environment. The mechanisms for collection and computation of AOL, are of interest and importance to both the regulator and the operating networks,” he said.
Mr Danbatta explained that various efforts had been made towards achieving a very effective AOL administration, pursuant to the powers of the commission under Section 72 of the NCA Act 2003.
He informed that one of these key efforts include the making of the Regulations 2014, which was also currently undergoing review. According to him, some of the major objectives of the AOL Regulations, as provided in Part 1 (2) of the AOL Regulations 2014, are to:
“Create and provide a regulatory framework for the effective and efficient administration by the Commission of the Annual Operating Levy regime and all matters related thereto;
“Stipulate the mode and methods of assessment of Annual Operating Levy and the payment modes thereof; specify guiding standards and principles for the administration by the Commission of the Annual Operating Levy regime.”
The NCC boss also said that the size of the Nigerian telecommunications industry and revenue events engaged by the network operators, demands effective, accurate and technology-driven revenue assurance solution which NCC-RAS represents.
Mr Danbatta said appropriate revenue assurance systems have resulted in higher revenues and plugging of leakage and that modern revenue assurance systems had shown to be equipped with additional capacities to generate and analyse information beyond those required for revenue computation.
“The system is designed to be connected to the licensed telecommunications operators’ systems. It will have the capability of capturing and reporting in near real-time billing activities by the operators for the purposes, amongst others.
“Computing and assuring with minimal, if any, error margin, the accrued AOL payable to the NCC by the licensees,” he said. He advised Ministries, Departments and Agencies (MDAs) who might need data not to duplicate efforts but come to the NCC for it.
“This effort may be relevant to the FIRS for payment of taxes by our licensees and so there is no need for duplication of this effort by another agency of government. So the whole essence is to ensure seamless cooperation of all MDAs that require the kind of data we will be getting from this effort. Which is for the purpose of computation of other levies, operating levies,” he explained.
By Adedapo Adesanya
A Federal High Court sitting in Abuja has fixed January 7 to hear the bail application of former Attorney General of the Federation and Minister of Justice, Mr Abubakar Malami, over alleged money laundering.
Recall that the same court had ordered the remand of Mr Malami at the Kuje Correctional Centre.
The Senior Advocate of Nigeria, his son, Abdulaziz, and one of his wives, Mrs Bashir Asabe, are standing trial predicated on a 16-count charge preferred against them by the Economic and Financial Crimes Commission (EFCC).
The trio, who are accused of laundering N8.7 billion, pleaded not guilty to the charges when they were arraigned on December 29, 2025.
Following their plea of not guilty, Justice Emeka Nwite ordered their remand at Kuje Correctional Centre till January 2, 2026, when their written bail application would be argued by his legal team.
In the charge, identified as FHC/ABJ/CR/700/2025, the defendants were accused of conspiring to conceal, disguise, and retain proceeds from illegal activities.
The indictment claimed that they used multiple bank accounts, corporate entities, and high-value real estate transactions over nearly ten years to indirectly acquire the illicit funds.
According to the charge sheet, the alleged offences took place between 2015 and 2025, primarily within the Federal Capital Territory, Abuja, during Malami’s time as the country’s Attorney-General.
The EFCC alleged that Malami and his son used Metropolitan Auto Tech Limited to hide N1.014 billion in a Sterling Bank account from July 2022 to June 2025.
They were also accused of depositing an additional N600.01 million between September 2020 and February 2021.
The properties in question include a luxury duplex on Amazon Street, Maitama, purchased for N500 million; a property on Onitsha Crescent, Garki, bought for N700 million; and another in Jabi District for N850 million.
Additional acquisitions include real estate on Rhine Street, Maitama (N430 million); in Asokoro District (N210 million and N325 million); and at Efab Estate, Gwarimpa (N120 million).
The EFCC further alleges that Mr Malami used unlawful proceeds totaling N952 million to acquire multiple properties in Abuja, Kano, and Birnin Kebbi between 2018 and 2023.
The acquisitions were allegedly made through proxies and corporate entities to obscure ownership.
The commission claimed that the alleged actions violate the provisions of the Money Laundering (Prohibition) Act, 2011 (as amended) and the Money Laundering (Prevention and Prohibition) Act, 2022.
By Adedapo Adesanya
The Nigeria Association of Plant Operators (NAPO) has petitioned the Economic and Financial Crimes Commission (EFCC) to investigate allegations of tax deduction and non-remittance fraud linked to the NLNG Train 7 project.
Train 7 is a major expansion project of the Nigeria Liquefied Natural Gas (NLNG) facility on Bonny Island, Rivers State, Nigeria. It involves building a seventh “train” (processing unit) at the LNG plant to significantly increase Nigeria’s LNG production capacity and strengthen the country’s role as a global supplier of cleaner energy.
NAPO’s President General, Mr Harold Benstowe, alongside four other officials, appeared at the EFCC Port Harcourt Zonal Office in Port Harcourt, to adopt a petition accusing Daewoo Engineering & Construction Nigeria and others of alleged unlawful tax deductions from workers on the multibillion-dollar NLNG Train 7 gas plant construction project.
According to NAPO, the EFCC received the delegation and guided them through the formal adoption of the petition, paving the way for what the union described as a “proper forensic investigation” into the alleged financial misconduct.
“The EFCC has assured the victims that it will conduct a thorough investigation to get to the root of the matter,” Mr Benstowe said, describing the development as a major step toward accountability in the construction segment of Nigeria’s oil and gas industry.
It also raised that the allegations strike at the heart of compliance risks surrounding one of Nigeria’s most strategic gas investments, with potential implications for contractors, regulators and investor confidence in large-scale energy projects.
Mr Benstowe called on workers involved in the NLNG Train 7 project to actively support the investigation by submitting documentary evidence, particularly payslips allegedly showing tax deductions by Daewoo E&C Nigeria.
“We encourage all affected workers to freely come forward with more evidence to assist the EFCC in carrying out a comprehensive investigation,” he said.
He also dismissed reports of intimidation, warning that the union would resist any attempts to suppress whistleblowers.
“All victims should ignore threats or discouragement from any quarters. This is no longer business as usual. We are prepared for a big showdown to ensure everyone involved is brought to book,” Mr Benstowe declared.
The NAPO leader framed the petition as part of a broader struggle for financial transparency and workers’ rights in Nigeria’s oil and gas construction value chain, stressing that the outcome would send a strong signal to contractors operating on high-value energy projects.
By Adedapo Adesanya
The Nigeria Revenue Service (NRS) has unveiled its institutional brand identity as it officially transition from the Federal Inland Revenue Service (FIRS) to the newly established revenue collection agency as gazetted.
The transition was marked with the unveiling of the agency’s new logo, according to a statement from Mr Dare Adekanmbi, special adviser to the chairman of NRS, Mr Zacch Adedeji.
Speaking at the unveiling event in Abuja on Wednesday, Mr Adedeji said the new identity represents a significant milestone in the evolution of Nigeria’s revenue administration framework.
The taxman said the unveiling reflects a renewed commitment to a more unified, efficient, and service-oriented revenue system aligned with Nigeria’s economic transformation agenda and global best practices.
He said the new identity signals continuity of purpose, strengthened institutional capacity, and a forward-looking approach to supporting taxpayers and national development.
According to the statement, the NRS said it remains committed to transparency, partnership, and service excellence.
“The unveiling of this new identity represents not an end, but the beginning of a strengthened relationship between the revenue authority and the Nigerian public—built on trust, clarity, and shared prosperity,” the statement reads.
It was also stated that the service came into operation following the signing of its enabling law — the Nigeria Revenue Service Establishment Act 2025 — by President Bola Tinubu in June.
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