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FG approves policy to minimize taxes payable by telecoms operators

FG approves policy to minimize taxes payable by telecoms operators

The federal government (FG) has approved a policy to harmonize the right of way charges payable by telecoms operators and related public utility infrastructure.

The Minister of Communication, Adebayo Shittu made the disclosure today while speaking at the 2017 Digital Citizenship Summit Nigeria held at the J. F. Ade Ajayi auditorium of the University of Lagos.

“I am happy to report that the National Economic Council (NEC) has approved a policy to harmonise right of way charges payable by telecom companies and related public utility infrastructure on Local Governments, States and Federal Highways.

“This policy will minimize the spaces occupied, burden on the roads and reduce taxes payable by the telecom operators,” Shittu said.

TheNewsGuru reports that the Digital Citizenship Summit is a global network of summits and projects focused on the safe, savvy and ethical use of social media and technology.

“I had followed events in the industry and I can tell you categorically that the Digital Citizenship Summit Nigeria is worthwhile, and will contribute immensely to the development of the ICT sector,” the communications Minister said.

He further stated that the ministry of communications is doing so much to ensure the development of the Information and Communications Technology industry in the country.

“In present day’s high-tech world, digital literacy is a requirement for an individual to be competitive and be best prepared for today’s business world of advanced technology.

“We remain committed in our doggedness to address relevant issues despite various challenges facing the sector,” he said.

As regarding the policy, Shittu said, “On our part, we are ready to liaise with States and relevant stakeholders for the smooth implementation of the Right of Way project”.

 

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