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FG Approves 50% Tariff Hike for Telecoms

Gbenro Adesina by Gbenro Adesina
January 20, 2025
in Top News
Reading Time: 2 mins read
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NCC approves 50% tariff hike for telecoms
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The Nigerian Communications Commission (NCC), has approved the request of the network operators to increase tariffs due to the rising operational costs, approving 50 per cent tariff hike instead of the 100 per cent demanded.

The NCC Director of Public Affairs, Reuben Muoka, revealed this today in a statement.

According to the statement, the NCC said it is exercising its authority under Section 108 of the Nigerian Communications Act, 2003 and emphasised that the new tariffs would remain within the limits outlined in its 2013 Cost Study.

It stated further that the adjustments would also adhere to its 2024 Guidance on Tariff Simplification, ensuring transparency and fairness in implementation.

The statement reads, ““The adjustment, capped at a maximum of 50 per cent of current tariffs, though lower than the over 100 per cent requested by some network operators, was arrived at taking into account ongoing industry reforms that will positively influence sustainability.

“These adjustments will remain within the tariff bands stipulated in the 2013 NCC Cost Study, and requests will be reviewed on a case-by-case basis as is the commission’s standard practice for tariff reviews. It will be implemented in strict adherence to the recently issued NCC Guidance on Tariff Simplification, 2024.

“Tariff rates have remained static since 2013, despite the increasing costs of operation faced by telecom operators. The approved adjustment is aimed at addressing the significant gap between operational costs and current tariffs while ensuring that the delivery of services to consumers is not compromised.”

The NCC noted that the adjustment was necessary to sustain investment in infrastructure and innovation, benefiting consumers through improved services, better network quality, and wider coverage.

“This decision was made after extensive consultations with key stakeholders across the public and private sectors,” Muoka stated, adding that the commission prioritised balancing consumer protection with industry sustainability.

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