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NCC: $3b lost to call masking

The Nigerian Communications Commission (NCC), has said it would leave no stone unturned to bring perpetrators of call masking and other unwholesome practices in the telecom sector to book.

Its Executive Commissioner, stakeholders Management, Mr Sunday Dare, said the commission has evolved strategies that would end the activities of fraudster in the industry.

Mr. Dare lamented that the global figure being lost to unwholesome practices in the telecommunications industry is about $3 billion yearly.

Dare, who spoke in an interview with newsmen in Abuja, said the NCC was intensifying efforts to reduce incidence of call masking and SIMBoxing in Nigeria.

“People often ascribe the entire $3billion being lost to call masking, refilling and SIMBoxing to Nigeria alone, but that is the global figure on an annual basis. It is a figure that should fall since regulators in various jurisdictions continue to find ways of addressing the menace.

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“As part of its commitment to giving Nigerians a telecommunications industry that caters to the interests of all stakeholders, NCC has continue to explore way of addressing the menace of these unwholesome practices,” he said.

Tribune

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