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Vanguard News USSD: Reps wade into N42b Telcos’, Banks’ Debt tussle On By Tordue Salem – Abuja The House of Representatives, Tuesday, intervened in the conflict between telecommunication companies and banks over N42billion debts from Unstructured Supplementary Service Data(USSD). The House adopted a motion to the effect, on Tuesday citing its Order 8 Rule 4. A motion entitled: “Urgent Need to Intervene In the Impasse of N42billion debt between Telecommunication Operators and Banks and Banks and other Financial Institutions”, was sponsored by Rep. Ossai Nicholas Ossai(PDP-Delta). In presenting his Motion, Ossai recalled that “in a bid for the Central Bank of Nigeria to realize one of its statutory mandate of Promoting Monetary Stability and Sound Financial System in Nigeria, designed a Cashless Policy, that will provide innovations, easy mobile payment, cost reduction, and convenient financial services to millions of Nigerians living in urban and rural areas. One o

North koreaAbuja federal capital territoryNorth koreanOssai nicholas pdp deltaFemi gbajabiamilaTordue salemCommittee on telecommunicationsNetwork operatorsCentral bankMinistry of communications digital economyNigerian communications commissionTelecommunications operatorsGlobal system for mobile communication technologyBank debtSupplementary service dataKindly share this story