JUST IN:Telecoms Operators to Withdraw Services to Banks Over Lingering Unpaid Debts

Telecommunications operators are threatening to withdraw their services to banks and other financial institutions in the country due to the unwillingness of the banks to pay their debts owned to the Telecommunications operators.


Chairman of the Association of Licensed Telecommunications Companies of Nigeria(ALTON), Engr. Gbenga Adebayo said the debt payment has lingered for too long.

Adebayo spoke in a goodwill message at the on-going Nigeria Information Technology Reporters Association(NITRA), ICT Growth Conference 2.0 with the theme: Creating a Digital Ecosystem in Nigeria:The Hurdles The Gains.

He said that the plan for payment of the services rendered to bank customers, which is paid on the go by the customers, is long over due.

When the telecommunications operators withdraw their services, bank customers will not be able to make ATM withdrawal or do transfers as well as other digital banking related services.

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