FEC approves Revenue Assurance Solution to block leakage in telecom sector

FG targets N1.2tn from telecom operators, approves revenue collection solution. The Federal Executive Council has given approval for the Revenue Assurance Solutionproject through the Design, Finance, Build, Operate and Transfer public-private partnershipmodel. RAS, which was designed by the Nigerian Telecommunications Commission and theFederal Ministry of Communications and Digital Economy, seeks to improve the collationand collection…

COMMUNICATION SERVICE TAX

3R Company Nigeria Limited (3R) has sent a Bill titled: A Bill for an Act to provide for the establishment of the Communication Service Tax to the Senate of the Federal Republic of Nigeria. This Bill has undergone the 1st reading on the floor of the senate. The Bill once passed will help government increase…