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NCC implements Accounting Separation Framework in telecoms industry
Nasiru Yusuf
The Nigerian Communications Commissions (NCC) NCC has commenced the implementation of the Accounting Separation Framework (ASF) in the Nigerian telecoms industry effective from July 15.
Kano Focus reports that the program is to ensure transparency and accountability in regard to effective regulation and prevention of anti-competitive behavior.
A statement sent to Kano Focus by the commission’s Director, Public Affairs, Ikechukwu Adinde said NCC is committed to the creation of an enabling environment for competition among operators in the industry to ensure the provision of qualitative and efficient telecoms services as stipulated in Nigerian Communications Act (NCA), 2003.
According to the statement, the policy document, “Determination on the Implementation of an Accounting Separation Framework for the Nigerian Telecoms Industry”, which was developed via a consultative process in 2015, has undergone a comprehensive review by the regulator in collaboration with telecoms licensees and other critical industry stakeholders.
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The statement said with the commencement of the implementation of the framework, telecoms licensees are, henceforth, obligated to submit their Regulatory Financial Statement (RFS) to the Commission in line with the new ASF, within seven months after the end of the licensees’ financial year.
Umar Danbatta, the Executive Vice Chairman of the NCC expressed optimism about the framework noting that “the new ASF will promote an industry environment that fosters open and transparent financial reporting, while ensuring that charges for telecom services are cost-based and non-discriminatory.”
The Commission, however, stated that submission of RFS in line with the new framework, is currently limited to and mandatory for only six telecom licensees, adding that this will subsist for an initial period of two years after which the regulator may review the list to include other operators.
The six licensees include Airtel Nigeria, MTN Nigeria, Emerging Markets Telecommunications Services Limited (9Mobile), Globacom Nigeria, Main One Cable Company Limited and IHS Nigeria.
Adducing reasons for limiting compliance to six operators for now, the Executive Vice Chairman (EVC) of NCC, Umar Garba Danbatta, said the decision was taken to ensure necessary structure is in place for reviewing and analysing the accounts before applying the new framework to all licensees in the industry.
Mr Danbatta, however, stated that any other licensee willing to prepare its financial statements in line with the new framework is allowed to voluntarily do so, just as he said the Commission may exercise its discretion to demand that a licensee prepare and submit separated account where it is determined that the activities of such a service provider are deemed critical to the overall well-being of the Nigerian telecoms industry.
“Therefore, for full and effective implementation of the Framework, every operator under the ambit of accounting separation is required to prepare an Operator-specific Accounting Separation Manual (OASM) containing policies, principles, methodologies and procedures for accounting and cost allocation, which must be submitted to the Commission on or before October 30, 2020 for regulatory approval.
“Licensees shall also be required to prepare their financial and non-financial reports in line with the Guidelines for the ASF while reports shall be furnished by the licensees for every account year beginning from the 2020 financial year end.
“Also, as part of operators’ licensing conditions, the Commission requires licensees to prepare, in respect of each complete financial year or of such lesser periods as may be specified, separated accounting statements for all their activities,” the statement said.
According to Danbatta, the Commission considers the Accounting Separation Framework “as an effective, least evasive and less costly solution to implement to meet its regulatory objectives”, adding that the implementation of the Framework is also a key deliverable for the Commission in the new National Broadband Plan (NBP), 2020-2025.”
The EVC added that the Commission took into consideration the inputs from industry stakeholders and has provided capacity-building for operators and for relevant staff of the Commission to ensure seamless implementation of the Framework.
Mr Danbatta further reiterated the commitment of the Commission towards continually developing policies, initiatives and programmes aimed at boosting healthy competition among telecoms operators in the country to ensure that consumers continue to enjoy efficient and affordable telecom services.
The 2023 Presidential candidate of the New Nigerian Peoples Party (NNPP), Dr. Rabiu Musa Kwankwaso, has debunked reaching a resolution with any individual on the trending defection rumoured to the ruling party or any other political party.
KANO FOCUS reports that Kwankwaso, who considered the recent statement credited to have suggested a particular position as an imagination of falsehood and fragmentation of political mischief against him.
A statement posted on his official X handle @KwankwasoRM, the ex-Governor insisted he has since refrained from commenting on contemporary political events, and will continue to do so for the time being.
In the said false information that went viral, Kwankwaso was quoted to have revealed a meeting with President Bola Tinubu on multiple occasions, urging him to return to the APC fold.
Responding to a statement purportedly signed by one Ibrahim Rabiu, Sen. Kwankwaso insisted he had never signed or authorised any statement to be issued on his behalf.
“My attention has been drawn to a statement purportedly stating my position on the recurring political realignments. I wish to categorically state that such statements are false, unfounded, and products of political mischief.
“I have refrained from commenting on contemporary political events, and I will continue to do so for the time being.”
” I urge the public to only engage statements that come from my public handles and other official sources”. Kwankwaso RM.”
In a releted development, the author of the purported false statement Ibrahim Rabiu has issued a self counter, denouncing the statement as a work of devil.
“I Ibrahim Rabiu, wish to inform the general public that I was never authorised by Sen. Rabiu Kwankwaso to issue and release a statement on his belhalf”
“I therefore wish to tender a public apology to his person with a promise that such childish act will never be repeated in the future, please find a space in your heart to forgive me, I was misled by fake news and agents of misinformation”
The Emir of Kano, Khalifa Muhammad Sunusi II, commended the Adolescent Girls Initiatives for Learning and Empowerment (AGILE) Project for reenrolling over 30,000 adolescent girls and renovating more than 1,300 schools across the state.
KANO FOCUS reports that the Emir made the commendation while reeiving AGILE State Project Implementation Unit (SIPU) who paid him an advocacy visit recently.
Khalifa Muhammadu Sanusi ll
He emphasized the Kano Emirate Council’s commitment to advocating for education and pledged continued support to ensure the enrollment, retention, transition, and completion of girls’ education in Kano.
The Emir also emphasized the importance of collaboration and synergy in implementing policies and programs that foster the development of the state and the nation at large.
AGILE Project Coordinator presenting gift to Emir of Kano
He expressed satisfaction with the AGILE project’s strong monitoring and evaluation framework, particularly in tracking the use of grants and conditional cash transfers.
In his remarks, the Kano State AGILE Coordinator, Malam Mujtapha Aminu said more than 100,000 students are currently enrolled in learning centers across 23 local government areas under the Adolescent Girls’ Initiative for Learning and Empowerment (AGILE) second chance education in Kano.
AGILE PC and Emir of Kano
He said this initiative provides out-of-school adolescent girls an opportunity to complete their secondary education, gain entrepreneurship and life skills.
According to him, the second chance education students undergo literacy, numeracy, and entrepreneurship training across 5,000 learning centers.
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He further explained that after nine months of instruction, the students sit for examinations and are awarded certificates equivalent to the Junior Secondary School Certificate.
“Those who enroll in the advanced literacy program also have the opportunity to sit for national examinations such as NECO and WAEC,” he added.
He said they visited the Emir’andalace to seek blessings and advocate for support to achieve their goals.
AGILE Communications Officer and games officials
The AGILE Project is a World Bank-assisted initiative implemented through Federal and State Ministries of Education, aimed at improving secondary education opportunities for adolescent girls in Nigeria.
The gale of defection from opposition political parties intensifies as two members of the opposition New Nigeria Peoples Party (NNPP), Abdullahi Sani Rogo and Kabiru Alhassan Rurum, have defected to the ruling All Progressives Congress (APC).
KANO FOCUS reports that both lawmakers represent Rano/Bunkure/Kibiya and Karaye/Rogo federal constituency of Kano State.
Both lawmakers announced their defection at plenary presided over by Speaker Abbas Tajudeen.
On hand to witness the defection on the floor of the House was the national chairman of the APC, Dr. Abdullahi Umar Ganduje, accompanied by some members of the national working committee of the party.
However, the Minority Whip, Isa Ali JC, faulted the defection of the lawmakers on the basis that it was against constitutional provisions.
As of Thursday, no fewer than 30 members of opposition political parties have dumped their parties to join the APC.
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