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Desperate anxieties over 2007

LogoDaily Independent Online.         * Tuesday, August 24, 2004.

14 firms get licences to print GSM cards

By Tom Chiahemen,

Senior Correspondent, Abuja

 

A total of 14 companies were on Monday granted permits by the Nigerian Communications Commission (NCC) to manufacture GSM recharge cards in the country.  This is in compliance with the decision of the Federal Government in May to ban the importation of recharge cards into Nigeria with effect from January next year.

 The final selection of the companies followed a rigorous screening process, which began last July, in which a total of 98 companies applied for the permit to produce the recharge cards locally.

 The successful companies are Security Printing & Allied Solutions, Masterstroke, Airtime Limited, Nitecrest Limited, Cards Technology Ltd, Namitech West Africa Ltd and Snecou Group of Companies.  The rest are South Beach Company Ltd., Control Cards Ltd., Advantel Limited, Premium Ideas Limited, Hemmung Investment Ltd., Alfa Juliet Mangla Ltd. and Orga Limited.

 A statement issued in Abuja on Monday by NCC’s Head of Public Affairs, Mr. Dave Imoko, explained that the issuance of permits for the manufacture of recharge cards was not a once-and-for-all process.  “Government will closely monitor the performance of these companies that have been granted the first batch of permits as well as the supply - demand equilibrium.  Further permits may therefore be granted in due course in response to the dynamics of the market and decision of government,” the statement added.

 

Imoko also said the award of contract for the printing of recharge cards to any of the 14 approved companies was entirely a business matter between the operating companies and the manufacturing companies.

 

Giving a background to the events that led to the granting of the permits, the Commission recalled the decision of the Minister of Communications, Chief Cornelius Adebayo, at a stakeholders meeting, that it must not be a free-for-all process but that “the companies to be approved for this project must be credible and possess the expertise to ensure that they can meet the requirements of operating companies and objectives of government.”

 

According to the Commission, the minister stated that government was conscious of the fact that if left uncontrolled, the nefarious actions of some unscrupulous elements might thwart the good intentions of government.

 

Out of the 98 companies that applied for local manufacture permits, according to NCC, “it was observed that over 60 per cent of the applicants were mere speculators who hardly had any clue about the exact requirements of the business being applied for (and) the screening exercise resulted in a shortlist of 27 companies based on the information contained in their submissions.”

 

 

 

 
 

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