Lagos – The Nigerian Communications Commission (NCC) says it has concluded process for the disbursement of subsidies to the six licensed Infrastructure Companies (InfraCos).
The Executive Vice Chairman of NCC, Prof. Umar Danbatta, disclosed this when delegates from the United States Trade and Development Agency (USTDA) paid him a courtesy visit at the commission’s headquarters.
Danbatta said that the planned disbursement was part of the commission’s strategies to boost broadband penetration and make it pervasive nationwide.
He said that it was part of the digital transformation agenda which NCC had put in place for actualisation, stressing that the subsidy would augment the InfraCos’ Capital Expenditure (CAPEX).
Danbatta said that the InfraCo scheme had a public-private partnership (PPP) arrangement, with a subsidy component that was being worked out for the licensees to fast-track deployment in their respective zones.
”The licensees are expected…
