Digital Times Nigeria
  • Home
  • Telecoms
    • Broadband
  • Business
    • Banking
    • Finance
  • Editorial
    • Opinion
    • Big Story
  • TechExtra
    • Fintech
    • Innovation
  • Interview
  • Media
    • Social
    • Broadcasting
Facebook X (Twitter) Instagram
Trending
  • Anambra Sweeps Four Awards, Affirms Digital Dominance At NCCIDE 2025
  • At “Celebrating You” 2025, TD Africa Reaffirms Collaboration As Africa’s Digital Power Engine
  • CeBIH Annual Conference 2025: PalmPay’s MD, Nwosu Seeks Deeper Financial Inclusion
  • Inside Amobi Ogah’s ₦1 Billion Mega Empowerment Programme In Isuikwuato/Umunneochi
  • YouTube Unveils Nigeria’s 2025 Top Lists, Launches New Personalized ‘YouTube Recap’ Experience
  • Siemens Healthineers, NSIA Seal 10-Year Partnership To Accelerate Nigeria’s Diagnostic Healthcare Transformation
  • Konga Launches Naija Shopping Festival, Offering Economic Relief And Festive Excitement To Millions
  • Optimus AI Labs Unveils Next-Generation AI Support Services For Nigeria’s Financial Sector
Facebook X (Twitter) Instagram
Digital Times NigeriaDigital Times Nigeria
  • Home
  • Telecoms
    • Broadband
  • Business
    • Banking
    • Finance
  • Editorial
    • Opinion
    • Big Story
  • TechExtra
    • Fintech
    • Innovation
  • Interview
  • Media
    • Social
    • Broadcasting
Digital Times Nigeria
Home » USSD: Telecom Services Providers Owed N17bn By Banks, Says Danbatta
Telecoms

USSD: Telecom Services Providers Owed N17bn By Banks, Says Danbatta

DigitalTimesNGBy DigitalTimesNG7 August 2020No Comments3 Mins Read1 Views
Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
PROF DANBATTA 2
Share
Facebook Twitter LinkedIn Pinterest Telegram Email WhatsApp

Commercial banks in Nigeria are owing telecommunications companies over N17 billion following the Nigerian Communications Commission’s suspension of its Determination on Unstructured Supplementary Service Data (USSD) Pricing last year.

This disclosure was made by the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta at a virtual forum organised by the Association of Telecommunications Companies of Nigeria (ATCON) held on Thursday.

In furtherance of its mandate to protect the interests of consumers and support a robust telecommunications sector, the NCC recently announced that it had revised the Determination on the USSD.

But speaking at the ATCON’s virtual forum on “Meeting the Interests of Government, Consumers and Telecoms Companies in the Era of Covid-19 and Post Covid-19 Pandemic for Digital Economy Development”, Danbatta stated that the Minister of Communications and Digital Economy, Dr. Ali Isa Ibrahim Pantami had already been briefed on the development with a view to ensuring a quick settlement of the debt.

While explaining the Commission’s efforts at resolving consumer-related issues, Danbatta noted that when the Commission introduced the Do-Not-Disturb (DND) code in 2015, less than 500,000 people activated the code, but there are now 22,722,366 lines on the DND.

ATCON WEBINAR 2
Faces of some participants at the ATCON Virtual Conference on Thursday

“Ninety-eight per cent (98%) of the total service-related complaints received from telecoms consumers within a 15-month period, spanning January 2019 to April 2020, have been successfully resolved by the Commission,” Danbatta disclosed.

Speaking further on quality of service, the EVC said “the Commission has monthly engagements with operators as well as quarterly industry working group on Quality of Service and Short Codes, and is currently monitoring 2G Key Performance Indicators, while the KPIs for 4G are being prepared.”

READ ALSO  NCC Releases Notice Seeking Stakeholders Input To Policy Development On 5G Deployment In Nigeria

Recall that the NCC, in a statement released to the media recently, observed that the amendment to its USSD Determination was necessitated by a protracted dispute between Mobile Network Operators and Financial Institutions on the applicable charges for USSD services and the method of billing.

“As a responsive and effective regulatory authority, the Commission recognises that its policies are not static and may be modified from time to time as circumstances demand,” the NCC had said in the statement.

Danbatta noted that in the interest of the consumers and other stakeholders, the Commission revised the Determination previously issued by removing the Price Floor and the Cap to allow Mobile Network Operators and the banks negotiate rates that will be mutually beneficial to all parties concerned.

The NCC further determined that Mobile Network Operators must not charge the consumers directly for the use of USSD channels for financial services in the form of end-user-billing, but revert to corporate billing.

In addition, it determined that the transaction should be between the MNOs and the entity to which the service is provided (i.e. Banks and Financial Institutions).

 

#Banks #Commercial #N17Bn #USSD Danbatta Nigeria Telcos
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleMTN Planning To Sell Stake In Jumia Technologies AG
Next Article We Are Desirous Of A Vibrant, Competitive Telecoms Market In Nigeria- ATCON
DigitalTimesNG
  • X (Twitter)

Related Posts

ALTON Applauds Ogun NSCDC’s Outstanding Protection Of Critical Telecom Assets

2 December 2025

ALTON Holds First-Ever Telecoms Compliance Management Forum November 25

21 November 2025

NCC Rallies Stakeholders For National Digital Inclusion Push, Unveils Sensitization Fora

11 November 2025

ntel CEO Charts Bold Path For Nigeria’s Telecom Revival, Targets Market Re-Entry In 2026

30 October 2025

Will Nigeria’s 9mobile Enjoy Success After Rebrand As T2 Mobile?

9 September 2025

Just In: MTN Apologises As Fibre Cut Cripples Services In Enugu, Benue States

6 September 2025

Comments are closed.

Categories
About
About

Digital Times Nigeria (www.digitaltimesng.com) is an online technology publication of Digital Times Media Services.

Facebook X (Twitter) Instagram
Latest Posts

Anambra Sweeps Four Awards, Affirms Digital Dominance At NCCIDE 2025

12 December 2025

At “Celebrating You” 2025, TD Africa Reaffirms Collaboration As Africa’s Digital Power Engine

11 December 2025

CeBIH Annual Conference 2025: PalmPay’s MD, Nwosu Seeks Deeper Financial Inclusion

11 December 2025
Popular Posts

Building Explainable AI (XAI) Dashboards For Non-Technical Stakeholders

2 May 2022

Building Ethical AI Starts With People: How Gabriel Ayodele Is Engineering Trust Through Mentorship

8 January 2024

Gabriel Tosin Ayodele: Leading AI-Powered Innovation In Web3

8 November 2022
© 2025 Digital Times NG.
  • Advert Rate
  • Terms of Use
  • Advertisement
  • Private Policy
  • Contact Us

Type above and press Enter to search. Press Esc to cancel.