BusinessTop Story

Just in: Nigerian Telecom Users to Pay More as NCC Approves 50% Tariff Hike

1.2k

The Nigerian Communications Commission (NCC) has granted telecom operators’ request to adjust tariff rates, allowing for a maximum 50 percent increase.

The development, announced by NCC’s Director of Public Affairs, Mr. Reuben Muoka, aims to address the significant gap between operational costs and current tariffs.

According to Muoka, the adjustment is necessary to sustain investment in infrastructure and innovation, ultimately benefiting consumers through improved services and connectivity.

“This decision was made after extensive consultations with key stakeholders across the public and private sectors,” he said.

The NCC emphasized that the new tariffs will remain within the limits outlined in its 2013 Cost Study and adhere to its 2024 Guidance on Tariff Simplification.

While acknowledging the economic pressure Nigerians are facing, the commission urged operators to implement the new rates transparently and also improve their service delivery.

The approved adjustment is expected to support the ability of operators to continue investing in infrastructure and innovation, ultimately benefiting consumers through better network quality, enhanced customer service, and greater coverage.

Leave a comment

Related Articles

Loknath Mishra Takes the Helm at UBA UK as New CEO

Africa’s Global Bank, United Bank for Africa (UBA), has announced the appointment...

NRC Alleges Oyo Local Govt Chairman of Vandalizing Railway Assets Worth Millions

The Nigerian Railway Corporation (NRC) has condemned the destruction of multi-million naira...

Nigeria Now the New Global Reference Point for Policy Reform – World Bank Chief

World Bank Managing Director Anna Bjerde has hailed Nigeria as a global...

Mass Deportation: US Prepares to Send 79 Convicted Nigerians Home

At least 79 Nigerians are set to be deported as the U.S....

At Last, N1.96 trn Federation Revenue Shared Among Federal, States, LGs

The Federation Account Allocation Committee (FAAC) has shared N1.969 trillion, the December...

2,500 Kaduna’s Damau Residents Get Clean Water as REA Provides Solar Mini-Grid

More than 2,500 residents of Damau village in the Kubau Local Government...

First HoldCo Plc Hits Record N3.4trn in Gross Earnings

Backed by a successful capital raise, First HoldCo Plc finished 2025 with...

Back Home: Tinubu Touches Down in Abuja After Türkiye Trip

President Bola Tinubu has returned to Abuja after a five-day state visit...

January Salaries Delayed as FG, States Disagree Over ₦1.97trn FAAC Funds

A persistent deadlock over the distribution of ₦1.97 trillion has halted the...

Billionaire Femi Otedola Boosts Stake in First HoldCo to 18.12%

Femi Otedola, group chairman of First HoldCo Plc, has increased his stake...

Woman’s Death Mid-Flight: Nigerian Family Presses Ethiopian Airlines for Explanation, Transparency

Grief-stricken and seeking justice, a Nigerian family has raised the alarm over...

FG’s ₦58.47trn 2026 Appropriation Bill Scales Second Reading in Green Chambers

Nigeria’s House of Representatives has given the green light to the ₦58.47...

$1trn Infrastructure: FG to Invest in Two New Satellites to Support Digital Transformation

In a major boost for Nigeria’s tech landscape, President Tinubu has approved...

Bilateral Milestone: Nigeria and Türkiye Commit to $5bln Trade Volume, Counter-Terrorism Cooperation

In a strategic move to fortify economic and security ties, Türkiye and...

“A mere stumble, not a fall” — Bayo Onanuga clarifies Pres. Tinubu’s Ankara incident

Following a minor stumble during his reception in Ankara, the Presidency has...

At Last, DHQ Confirms Thwarted Coup Plot, 16 Officers Set for Martial Court

The Defence Headquarters (DHQ) announced on Monday that a Special Investigative Panel...

Kado Dawn Raid: One Suspect Shot, Arrested After FCT Police Bust Motorists’ Robbery

The early morning calm and quietness of the Kado district in the...

Tinubu Departs Abuja Jan. 26 for High-Level State Visit to Türkiye

President Bola Tinubu will depart Abuja on Monday, January 26, for a...

Tinubu’s Minister Warns APC Against Ditching VP Shettima on 2027 Presidential Ticket

Hannatu Musawa, the Minister of Culture, Tourism, and Creative Economy, has warned...

VP Shettima Back in Abuja After High-Level Engagements Abroad

After a week-long diplomatic and economic mission to Guinea-Conakry and Switzerland, Vice...