Nigerian Telecommunication Companies have threatened to disconnect banks’ Unstructured Supplementary Service Data, USSD, services over unremitted N80 billion in debts as of November 2022.
The Chairman of the Association of Licenced Telecoms Operators of Nigeria (ALTON), Engr Gbenga Adebayo, stated this in an Interview with ThisDay on Tuesday.
Adebayo disclosed that it would soon come to a point where telcos would have no choice but to withdraw the USSD services since the banks have refused to pay.
“The debt is rising and has not been paid by the banks. As of November 2022, the accumulated debt has risen to over N80bn. As a background, when we started the argument in 2019, it was N32bn, and they continue to claim that they are not owing. However, our investigation shows that they still use the USSD platform to offer banking services to their customers. Yet, they are not remitting to telecom operators who own the USSD platform,” Adebayo said.
“Time will soon come when we will be forced to withdraw the service, and many banks’ customers that rely on the USSD service will suffer for it, and it will affect the economy. It is honourable to pay their debts, and they have to pay,” Adebayo warned.
He also explained that if the situation remains unsolved, the Central Bank of Nigeria, CBN, cashless policy would be truncated.
our source gathered that the Minister of Communications and Digital Economy, Prof Isa Pantami, and the Nigerian Communications Commission, NCC, on several occasions, have waded into resolving the matter to no avail.
arimidex price arimidex for sale online arimidex 1mg for sale
order naproxen 500mg pill order naprosyn 250mg sale prevacid price
altace 5mg us order altace 5mg pill etoricoxib 120mg price
hollywood casino online real money safest canadian online pharmacy mba essay service
doxycycline 200mg usa order ventolin inhalator generic cleocin cheap
how to write an essay about my family essays writing order azulfidine pills
asacol canada order mesalamine sale buy irbesartan 150mg generic
clobetasol order online clobetasol brand purchase amiodarone online
buy benicar 20mg without prescription brand depakote 250mg depakote 250mg oral
diamox 250mg oral imuran 50mg usa order imuran 50mg
buy generic digoxin buy molnunat 200mg pills molnunat online
stromectol in canada prednisone 10mg cost order prednisone 40mg pills
zofran 8mg over the counter buy generic bactrim 960mg generic bactrim 480mg
buy isotretinoin 20mg sale accutane pill azithromycin 250mg brand
order ventolin 2mg pills albuterol cost clavulanate us
buy provigil 200mg online cheap order zestril generic metoprolol uk
prednisolone 40mg price furosemide 100mg canada lasix 40mg pills
generic avodart 0.5mg xenical 60mg drug orlistat generic
monodox ca doxycycline 200mg without prescription generic zovirax
buy omnicef 300 mg generic buy pantoprazole 20mg pills pantoprazole 20mg for sale