Wednesday, April 24, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

NCC will NOT sell 2.6GHz spectrum off the books

April 27
12:44 2016

The Nigerian Communication Commission (NCC) says it will by no means auction the proposed 2.6GHz spectrum outside the specified rules.

A statement released by the commission on Wednesday said some unscrupulous elements forged the signature of the executive vice chairman to advance their ill-position.

“The attention of the Nigerian Communications Commission (NCC) has been drawn to a letter purportedly written to some bidders/operators canvassing for Intention to Bid (ITB) payments to a certain Bank Pekao, South Africa in respect of the proposed 2.6GHz Spectrum Auction,” the statement read.

“As a responsible commission with proven records of transparency in all its activities, including auction processes, we will NEVER do anything outside the rules approved for these processes.

Advertisement

“At no time did any letter whatsoever emanate from the commission to any operator. That is why it looks strange that some unscrupulous persons could forge the EVC’s signature purporting it to be same in a sinister motive to deceive and swindle would-be investors in the Spectrum of payments of such money thereto.”

The NCC advised intending bidders of the spectrum to follow the rules, stating that the account for the auction is with the central bank of Nigeria.

“Intending bidders/operators and members of the public are advised in their own interest to disregard the content and texture of the vexatious letter as it did not in any way and form originate from the commission.

Advertisement

“The account number known for the auction is domiciled with the CBN and no other.

“Henceforth, would-be and successful bidders should clarify any letter from the Commission before making payments. So bidders/operators, beware and be guided accordingly, please.”

Click on the link below to join TheCable Channel on WhatsApp for your Breaking News, Business Analysis, Politics, Fact Check, Sports and Entertainment News!

Tags

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment

error: Content is protected from copying.