NCC Says Banks Owe Telcos N17billion In USSD Fees

The Nigerian Communications Commission (NCC) announced that commercial banks in the country owe telcos over N17 billion in Unstructured Supplementary Service Data (USSD) fees.

This is following the regulator’s suspension of its Determination on USSD Pricing that it set last year.

Speaking at 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”, the NCC  Executive Vice Chairman Prof. Umar Garba Danbatta said that Nigeria’s Minister of Communications and Digital Economy, Dr. Ali Isa Ibrahim Pantami, had already been briefed on this development, with a view to ensuring a quick settlement of the debt.