Home Business Globacom to suffer demolition, network glitch over N5.9bn debt
BusinessNews

Globacom to suffer demolition, network glitch over N5.9bn debt

Share
Share

Nigerian multinational telecommunication company, Globacom, may suffer service disruption as the Federal Government of Nigeria, in a memo, orders the demolition of masts belonging to the company as result of N5. 9 billion debt.

Confiance News gathered from an Eagleonline report on Friday.

The Presidency has sent a memo to the Nigerian Civil Aviation Authority (NCAA) to begin demolition of certain masts belonging to Globacom Limited across the country for

According to the report, the N5.9 billion debt stemmed from renewal fees for height clearance to the agency.

This memo was issued by the presidency to some of her appendage agencies to recover debts and other government outstanding from defaulters.

It was gathered that an altercation ensued between parties from Globacom and NCAA during a scheduled meeting designed to ensure payment of the said accumulated fees by the telecommunication network.

A letter dated October 4, 2021, entitled: ‘Re: Illegal Erection of High Structures and Refusal to Renew Expired Aviation Height Clearance Certificates by Globacom Limited’ and addressed to the Managing Director, Globacom, affirmed that following the failure by Globacom to pay the required fees amounting to N5.9 billion, the regulatory agency had no other choice but to commence the dismantling of its masts across the country.

“In the circumstance, having exhausted all avenues for a resolution of this matter, we are now left without choice but to apply the relevant sanctions, including the dismantling of all your non-compliant masts nationwide. And this shall be without further notice to you,” the letter read.

The letter signed by Legal Adviser/Head, Compliance and Enforcement, Mr. Emmanuel Chukwuma, recalled that, “The meeting to discuss the above subject-matter, was fixed for September 23, 2021, at your instance.

“You may wish to recall that you had on August, 25, 2021, requested that the meeting, earlier rescheduled, at your instance, from Monday, July 26, 2021 to Thursday, August 26, 2021, be further rescheduled to Thursday, September 23, 2021, to enable your Chief Operating Officer/COO to attend.

“It is unfortunate that despite our concurrence to a further rescheduling of the meeting to the requested date, and informing you through our letter of 13th September, 2021, you failed to turn up for the meeting,” it said.

The letter noted that the director-general of the NCAA had to abort an official assignment in Europe and return to Nigeria in order to attend the meeting.

“Globacom only wrote the letter under reference three days after, asking that the meeting be rescheduled, without any explanation for the failure of any management staff to show up.

“I am directed to inform you that the NCAA is not disposed to granting this latest (fourth) request to reschedule the meeting, particularly, as no reason was given for your non-attendance on the last date,” it said further.

In an earlier communication with Globacom, NCAA listed the indebtedness of globacom to include application fee for 2006 to 2007 at N100,000 per mast, totalling N689,800,000, annual renewal fee for 2007-2022 (15years), N50,000 per mast amounting to N6,898 and inspection fee covering N6,898 masts across the nation all totalling N6,064,230,000.

It was gathered from one of the documents sighted that Globacom had only paid the sum of N100 million on July 31, 2019 and had not made any further payment.

An earlier letter from NCCA to Globacom said total application fee for the period under review stood at N604,800,000 while cost of inspection amounted to N190,930,000.

The letter also stated the position of NCAA in law with regard to regulation of masts.
“Please be reminded that Section 30(3)() of the Civil Aviation Act 2006 empowers the Nigerian Civil Aviation Authority (NCAA) by law to prohibit and regulate the installation of any structure (including telecommunication mast), which by virtue of its ‘height or position is considered to endanger the safety of air navigation,” it said.

 

Cover Photo Credit: Halberd Bastion

(The Eagleonline)

Please follow and like us:
Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Start your career with NNPC Limited

Start your career with NNPC Limited
Start your career with NNPC Limited

Member

Don't Miss

How not to deprive yourself of scriptural benefits

By Chioma Obinagwam Everything about our lives is scripture driven and everything about the Christian religion is scripture propelled. Those were the submissions...

In eight photos, NLNG celebrates ‘The Future’, unveils new logo

NLNG celebrates The Future. It said: "We are celebrating 35 years of incorporation as a company, 25 years of exceptional operations, and 20...

Related Articles

How not to deprive yourself of scriptural benefits

By Chioma Obinagwam Everything about our lives is scripture driven and everything...

In eight photos, NLNG celebrates ‘The Future’, unveils new logo

NLNG celebrates The Future. It said: "We are celebrating 35 years of...

How Africa’s abundant gas reserves offer immediate solutions to prevailing problems

Africa has abundant gas reserves, and these rich reserves offer immediate solutions...

Safety net: NDIC reaffirms commitment to reinforcing confidence in financial system

By Chioma Obinagwam The Nigeria Deposit Insurance Corporation (NDIC) has reiterated its...

Advertisements