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The Bank Directors Association of Nigeria has termed the proposed 70 per cent windfall tax on profits generated from foreign exchange transactions by banks as not only excessive but also ill-timed. A press statement from the association after its board meeting on Monday said that while they respect the intentions of the government in making
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The Imo State House of Assembly has called for the removal of the state’s Chief Judge, Theresa Chikeka, over allegations…
The Nigerian Communications Commission, NCC, says Starlink, a communication company, increased data tariff without approval. The NCC said the satellite internet service provider had unilaterally increased its data tariffs without obtaining the necessary approval from the commission. The Director, Public Affairs of NCC, Reuben Muoka, said this in a statement on Tuesday in Abuja, noting
NCC to sanction Starlink over data subscription hike without approval
The Nigerian Communications Commission, NCC, says Starlink, a communication company, increased data tariff without approval.
The NCC said the satellite internet service provider had unilaterally increased its data tariffs without obtaining the necessary approval from the commission.
The Director, Public Affairs of NCC, Reuben Muoka, said this in a statement on Tuesday in Abuja, noting that Starlink’s actions contravened Sections 108 and 111 of the Nigerian Communications Act, NCA, 2003, as well as its licence conditions.
He said, “The decision by Starlink to unilaterally review its subscription packages upwards did not receive the approval of the Nigerian Communications Commission (NCC).
“We were surprised that the company jumped the gun by announcing price changes after filing a request to the Commission seeking approval for price adjustment for which the Commission was yet to communicate a decision.
“The action of the company appears to be a contravention of Sections 108 and 111 of the Nigerian Communications Act (NCA) 2003, and Starlink’s Licence Conditions regarding tariffs.
“The Commission will, therefore, take appropriate enforcement measures against any action by a licensee that is capable of eroding the regulatory stability of the telecommunications industry.”
NCC to sanction Starlink over data subscription hike without approval
Ekiti State Governor, Biodun Oyebanji, has urged the new Head of Service, Dr Folakemi Olomojobi, to mobilise the instrument of…