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Breaking: NCC Clarifies The Causes Of Falling Short Of The N387 Billion Revenue Target
Breaking: NCC Clarifies The Causes Of Falling Short Of The N387 Billion Revenue Target....KINDLY READ THE FULL STORY HERE▶

The Nigerian Communications Commission (NCC) acknowledged on Tuesday that the failure to achieve the N387 billion revenue target for 2023 was attributed to the lack of demand for the auctioned frequencies. Yakubu Gontor, the commission’s Director of Financial Services, revealed this during his appearance before the Senate Joint Committees on Finance, Appropriations, National Planning, and Local and Foreign Debts, which were reviewing the 2024–2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).
Gontor informed the committee that by September 2023, NCC had generated N199.8 billion out of its projected N387.4 billion revenue for the year. He clarified that two frequencies, namely 600 megahertz (MHz) and 35 megahertz (MHz), were put up for auction, but there was no interest from potential buyers. This lack of patronage significantly impacted the commission’s revenue generation in 2023.
He emphasized, “Our revenue projection from spectrum fees was N387.4 billion. However, by September 2023, we had only earned N199.8 billion, marking a substantial shortfall from the anticipated revenue. While we anticipate additional earnings before the end of December, it is unlikely that we will meet our budgetary projections. The frequencies are typically sold through auctions, and despite earmarking certain frequencies for auction throughout the year, they did not attract the expected interest. These frequencies have been reserved for future auctions.”
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‘I Funded Obasanjo, PDP But Lost My Business’ – Orji Kalu Reveals What Happened.
Senator representing Abia North in the National Assembly, Orji Uzor Kalu, has spoken about what he described as betrayal by the Peoples Democratic Party (PDP) and former President Olusegun Obasanjo.....KINDLY READ THE FULL STORY HERE▶
News reports that Kalu made the remarks during an appearance on Arise Television’s Prime Time programme on Monday night.
The former Abia State governor alleged that he provided financial support to Obasanjo and the PDP at a time when the party was struggling financially, but was later abandoned by the same political platform.
According to Kalu, despite his contributions to the party and Obasanjo’s political activities, his businesses suffered as a result of the political fallout.
He said:
“I wasn’t the only one with money; to be honest, people like the former vice president Atiku Abubakar had money, Yomi Edun had money, and many other people, and in the end, TY Danjuma brought in a lot of money to the party.
“So I was the one funding the meetings, aircraft, paying honorariums to people, cooking food, and the rest of them. For me, it was a joyful thing to make sure that we had a strong party to drive away the military, and that was the PDP.
“I was very happy, but I became a fool before the PDP because after bringing all the money, they turned against me.
“I could have been a governor whether on their platform or another platform; I gave them lifeline when people had no money, I brought in the money to fund the party. Before big weights like Danjuma started bringing in money to support the party, I started bringing money, started funding like Obasanjo when he came out of prison; he was in my house in Victoria Island, and I funded him, started funding his aircraft, started hiring and bringing my aircraft to take him, so they didn’t do anything for me; what I got in return was the killing of my businesses.”
entertainment
‘Not In This Life Or The Next’ – Nkechi Blessing Rules Out Reconciliation With Ex-Husband
Nollywood actress Nkechi Blessing Sunday has dismissed reports suggesting that she has rekindled her relationship with her former partner, Opeyemi Falegan.....KINDLY READ THE FULL STORY HERE▶
News reports that the actress clarified that she had only forgiven Falegan and agreed to settle their differences following years of public disagreements.
Nkechi made the clarification in a series of posts shared on her Instagram page.
In one of the posts, the actress stressed that she was not back with any of her former partners and urged the public to stop spreading claims of a possible reunion.
She explained that Falegan had been making efforts to resolve their differences since January 2026. However, she insisted that he must publicly apologise for his previous remarks before she would consider making peace with him.
According to her, Falegan eventually fulfilled her request, while she also offered him an apology.
In her statement, Nkechi wrote:
“For the very last time and for those that cares to listen, I DR. Nkechi Blessing Sunday is not back with any of my Ex’s both past, present and future ex… Let it be known 📌
“To Whom it May concern… I don tire to explain myself, like we are supposed to remain enemies for life? This man have been trying to make peace since January this year and I said to him you must go back to that same online and apologize before I hear anything. He did exactly what I asked. I also apologized to him and everybody bear their father name, nothing like coming back together, not in this life or the next life.. KALLAS!!!!!
“FORGIVENESS DOES NOT MEAN RECONCILIATION!!! I have come to understand that growth is not just about moving forward, but also about making peace with the things that once broke you. Five years ago, a lot was said, a lot happened, and emotions were displayed publicly. But five years is a long time to carry hurt, anger, or resentment.
“Today, I choose peace. I choose forgiveness. I choose to let go of everything that no longer deserves space in my heart. However, I want to make something very clear: Making peace with someone from my past does not mean I want that person back in my present.
“Forgiveness is not a relationship announcement. Being cordial does not mean rekindling old flames. And letting go of bitterness does not mean reopening doors that life has already taught me to close. Some chapters are better left closed, not because there is hatred, but because there is growth.
“I can genuinely wish someone well without wanting to share my life with them again…. So please, let’s not mistake maturity for romance or peace for a reunion….. No bad blood, no bitterness, no going backwards. Just two adults choosing peace after years of unnecessary negativity.
“I have forgiven, I have healed, and most importantly, I HAVE MOVED ON 😊🤝❤️Some people belong in your memories, not your future. And that’s perfectly okay….”
entertainment
Humans Will Always Be Who They Are’ – Moyo Lawal Breaks Silence On Her Love Life.
Nollywood actress Moyo Lawal has opened up about her romantic life, disclosing that she has never experienced a situation where the affection she gives to a partner is not reciprocated.....KINDLY READ THE FULL STORY HERE▶
News reports that the actress made the revelation during an interview with GoldMyneTV.
During the conversation, Lawal admitted that she might not be the best person to offer relationship advice because of her intense approach to love and romantic relationships.
According to the actress, whenever she develops feelings for someone, she commits wholeheartedly and gives the relationship her full affection.
She also suggested that married people might be better suited to offering relationship advice because of their experiences and understanding of marriage.
Lawal said:
“I feel like I can’t give relationship advice because I love deep. I love too much. I love with all my heart.
“I don’t think I’ve ever had that. The love always comes back really strong. It’s just that human beings will be who they are.”
In a related development, the actress disclosed in a 2022 interview why she had yet to get married.
She explained that financial stability and the ability to provide for a family were among the factors influencing her decision to remain unmarried.
Lawal also noted that her acting career did not provide a consistent income that would enable her to comfortably plan for marriage and raise children.
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