Telecom companies in Nigeria have decried the N200 billion debt owed by the banks for the Unstructured Supplementary Service Data (USSD) provided by telecom operators. According to them, the debt, coupled with the 52 taxes, could cripple their operation in the country if the federal government does not intervene. The companies under the aegis of the Association of Licenced Telecom …

The Nigerian Communications Commission (NCC) has granted telecommunications operators in Nigeria the approval to disconnect banks over N120 billion unstructured supplementary service data (USSD) debt, according to the Association of Licensed Telecommunications Operators of Nigeria (ALTON). ALTON Chairman Mr Gbenga Adebayo in Lagos said in a statement on Friday that the Mobile Network Operators (MNOs) would disconnect banks if they failed …