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Monday, February 3, 2025

Telecoms Tariff Hike May Not Exceed 60%, Says Minister

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The Nigerian telecommunications industry is currently under the spotlight following recent discussions around tariff hikes. Dr. Bosun Tijani, the Minister of Communications, Innovation, and Digital Economy, has weighed in on the ongoing debate, stating that the Nigerian Communications Commission (NCC) is contemplating a tariff increase within a range of 30% to 60%. This move comes after concerns from telecom operators regarding the rising cost of operations in the country (Punch).

Reason Behind the Potential Hike

Dr. Tijani’s remarks come at a time when operators have repeatedly expressed the need for tariff adjustments to stay afloat amid increasing inflation, high operational costs, and the rising demand for better network services. While many Nigerians have expressed concerns over the impact of a tariff hike on affordability, the government and telecom operators are locked in discussions about balancing the need for fair service pricing with the sustainability of the telecom sector (Guardian).

The Minister emphasized that any approved increase will be carefully considered to ensure it does not place an undue burden on the average Nigerian consumer while still allowing telecom companies to maintain quality services (BusinessDay).

Implications for Consumers and Operators

For telecom operators, the hike could provide much-needed relief, helping to offset mounting costs of running mobile networks, maintaining infrastructure, and investing in technology upgrades. However, for consumers, especially those in low-income brackets, this could raise concerns about affordability. Nigeria’s telecommunications sector serves millions of people who rely on mobile services for daily communication, business, and online education (Telegraph).

Despite this, experts believe that a regulated increase within the stated range may serve as a compromise, potentially easing pressure on both telecom operators and consumers (The Sun).

Looking Ahead

As discussions continue between the NCC, telecom operators, and the government, it remains to be seen how the final decision will be reached. Stakeholders have called for more public consultations to better understand the needs and concerns of the Nigerian populace regarding potential price hikes.

While a final resolution is yet to be announced, Dr. Tijani’s remarks provide some clarity on the matter. It is clear that any increase will be subject to a careful review process aimed at achieving a fair balance between economic realities and consumer protection.

In the coming weeks, we can expect further developments on this issue, as Nigeria’s telecoms industry seeks to adapt to a rapidly changing economic environment (Tribune).

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