NCC Gets Senate’s Approval Of N272bn As 2025 Budget

The Senate has approved a N272.47 billion for the Nigerian Communications Commission (NCC), as the commission’s budget for the 2025 fiscal year.

Siimilarly, the Universal Service Provision Fund (USPF) also got the Senate’s approval of N15 billion as its own budget for the year.

The approval followed the presentation of a report by the chairman of the Senate Committee on Communications, Senator Ikra Bilbis during plenary on Tuesday.

Bilbis described the NCC as a pivotal institution in the country’s digital transformation journey.

“The Nigerian Communications Commission is the regulatory authority for the telecommunications industry,” he said.

The lawmaker said the commission’s budget is crucial to advancing Nigeria’s connectivity and regulatory capabilities.

Senators at plenary raised no issues about the committee chairman’s presentation, which led to gaining approval.

The Senate also approved N15 billion as the year’s budget for the Universal Service Provision Fund, which is being managed by the NCC.

The fund is focused on extending telecommunication services to underserved and rural communities across the country.

According to Senator Bilbis, the USPF’s 2025 budget breakdown includes N10.9 billion for projects and programmes, N4.04 billion for recurrent expenditure, while N53.96 million goes for capital expenditure.

“That the Senate do approve the sum of N15 billion only as the Universal Service Provision Fund’s budget for the year 2025,” he said.

NCC Gets Senate’s Approval Of N272bn As 2025 Budget is first published on The Whistler Newspaper