Home News Senate Approves N17bn For 2024 USP Fund
News

Senate Approves N17bn For 2024 USP Fund

Share
Share

The Senate on Thursday approved the sum of N17 billion as 2024 budgetary estimate for the Universal Service Provision Fund (USPF).

The Senate has approved the sum of N17 billion as 2024 budgetary estimate for the Universal Service Provision Fund (USPF).

USPF is an agency under the Nigerian Communications Commission saddled with the responsibility of promoting widespread availability and usage of network services and applications services throughout Nigeria to institutions, unserved, under-served areas or for under-served groups within the communities in the country.

Thursday’s approval followed a report by the Chairman of the Committee on Communications 2024 Budget of the Nigerian Communications Commission (NCC), Sen.  Bilbis, Aliyu Ikra representing Zamfara Central.

Lawmakers like Senator Adeola Olamilekan who threw their weight behind the approval, argue that more funds should even be considered to augment the agency’s operations, particularly against the backdrop of statistics which pegged Nigeria’s internet penetration rate at 55.4 percent of the total population at the start of 2023.

Channels

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

Abuja Property Issue: EFCC Denies Disobeying Court Order

The  Economic  and Financial Crimes Commission, EFCC, has been drawn to some...

Lagos Socialite Drags Police To Court, Demands N50m Over Alleged Harassment

Famous  Lagos socialite, Gail Fajembola, has filed a suit before the Federal...

Nigerian woman Narrates How She Was Denied Entry Despite Having a Valid US Visa

A Nigerian businesswoman has narrated tearfully her experience after being refused entry...

NNPP Faction To Kwankwaso: You Are Free To Join APC After Ganduje’s Resignation

Following the rumours making the rounds that Rabiu Kwankwaso, the New Nigeria...