HomeNewsFG to Approve Telecom Tariff Hike Below 100 Percent

FG to Approve Telecom Tariff Hike Below 100 Percent

Published on


KEY POINTS


  • FG to approve telecom tariff hike but below the proposed 100 percent.
  • Government aims to balance consumer protection with telecom sector growth.
  • NCC to simplify telecom charges for greater transparency and compliance.

Telecom providers will raise their tariffs, the Federal Government has said, but its decision not to back the operators’ 100 percent hike.

Dr. Minister of Communications, Innovation and Digital Economy, Bosun Tijani made this known during a stakeholders’ meeting with Mobile Network Operators (MNOs) in Abuja on Tuesday.

Striking a balance

Dr. Tijani assured Nigerians that consultations made will determine a reasonable tariff adjustment. However, the government has a dual mandate to protect consumers and ensure telecom operators can invest in infrastructure sustainably.

And you’ve seen in the past weeks the agitation some companies had for a 100 percent tariff increase. However, the vision would not be 100 percent, he said.

The Nigerian Communications Commission (NCC) would finalize the revised tariffs and make the changes in weeks, he added.

Infrastructure and investment address

Tijani also highlighted the need for meaningful connectivity through highlighting that telecom infrastructure investments alone cannot be funded by the private sector.

‘We have left these investments over time to private companies that look for short to medium-term returns.’ He explained that the government will be more active in infrastructure development.

But the minister also urged stakeholders to set their sights on providing high quality connectivity as opposed to the talk of tariff rises.

Transparency and consumer understanding

Dr Aminu Maida, Executive Vice Chairman of the NCC, said that the commission is reviewing its regulations on quality of service to ensure that the people of Nigeria find the telecom charges simple.

‘We’re moving away from the regime where there are big differences between rates and bonuses.’ This often makes it very difficult for Nigerians to understand exactly what they are being charged for,” Maida said.

Latest articles

NASS Holds Final Retreat Ahead of Nigeria Constitution Vote

Lawmakers conclude the final Nigeria constitution review retreat, setting the stage for historic voting in state assemblies on far-reaching amendments before year-end.

US Vows Deeper Security Support To Nigeria

Nigeria and the US are moving toward deeper security cooperation, outlining new defence, intelligence and training commitments as Abuja pushes for faster support.

Nigeria to Open First Section of Lagos-Calabar Coastal Highway

Nigeria plans to open a completed stretch of the Lagos-Calabar coastal highway in December as construction advances across key segments of the massive project.

Gencos Push Back Against Nigeria’s Debt Proposal

Gencos reject a federal proposal to forfeit 50 percent of their N5 trillion debt, raising fresh concerns over Nigeria’s fragile power market.

More like this

NASS Holds Final Retreat Ahead of Nigeria Constitution Vote

Lawmakers conclude the final Nigeria constitution review retreat, setting the stage for historic voting in state assemblies on far-reaching amendments before year-end.

US Vows Deeper Security Support To Nigeria

Nigeria and the US are moving toward deeper security cooperation, outlining new defence, intelligence and training commitments as Abuja pushes for faster support.

Nigeria to Open First Section of Lagos-Calabar Coastal Highway

Nigeria plans to open a completed stretch of the Lagos-Calabar coastal highway in December as construction advances across key segments of the massive project.