Telecoms operators to disrupt USSD services over N80 billion debt | The Guardian Nigeria News - Nigeria and World News

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The row between Nigerian banks and telecommunications operators over the unstructured supplementary service data (USSD) debt seems to have resumed, as telcos disclosed, yesterday, that the debt has risen to N80 billion.

• Over 2000 bank IT operatives have relocated abroad, ATCON claims

Already, most of the banks’ digital channels are overstretched, leading to epileptic services. The challenge, according to sources, has been compounded by the mass resignation of most of the IT experts in the banks, who have relocated abroad. On this, he said telecommunications operators might decentralise the USSD services in line with historical debts. According to him, when the matter first came to the fore about a year and a half ago, the debt was below N40 billion, “but because banks refused to comply and pay as and when due, the debt continued to rise”, reaching about N80 billion.

Speaking on the challenges of multiple taxes being levied on operators by some state governments, Adebayo said the issue has become a major headache to the industry, stressing that over 40 different taxes are slammed on the operators. Speaking on the rising departure of core technology staff resigning and relocating abroad, Adebayo said lots of the relocations are not needed.

 

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