Home News NCC approves 50% tariff hike for telecoms

NCC approves 50% tariff hike for telecoms

0
NCC approves 50% tariff hike for operators

The Nigerian Communications Commission (NCC) has approved tariff adjustments for network operators, marking the first change in rates since 2013

The decision, announced on Monday by NCC Director of Public Affairs, Reuben Muoka, allows for a maximum 50% increase in tariffs, significantly lower than the over 100% increases some operators had requested.

The NCC exercised its authority under Section 108 of the Nigerian Communications Act, 2003, ensuring that the new rates remain within the boundaries set by the 2013 Cost Study. The commission emphasized that the adjustments will comply with its 2024 Guidance on Tariff Simplification, maintaining transparency and fairness.

The adjustment comes in response to rising operational costs faced by telecom operators. While tariffs have remained unchanged for over a decade, the NCC stated that the increase is necessary to address the gap between operational expenses and existing rates, while still ensuring service delivery is not compromised.

The commission also highlighted the importance of sustaining infrastructure investments and innovation, which would benefit consumers through better services, improved network quality, and expanded coverage. The decision follows extensive consultations with public and private sector stakeholders and aims to balance consumer protection with industry sustainability.

Operators are required to implement the new rates transparently, educate consumers about the changes, and show measurable improvements in service delivery.

The NCC also acknowledged the financial challenges faced by Nigerian households and businesses but stressed the importance of sustaining the telecommunications ecosystem, including indigenous vendors and suppliers.

Follow Us on Facebook – @LadunLiadi; Instagram – @LadunLiadi; Twitter – @LadunLiadi; Youtube – @LadunLiadiTV for updates

LEAVE A REPLY

Please enter your comment!
Please enter your name here