BREAKING: FG Approves 50% Tariff Adjustment For Telecom Operators Amid Hardship

FG has approved a 50% tariff adjustment for telecom operators amid hardship and hunger in Nigeria.

NaijaOnPoint Nigeria reports that the Nigerian Communications Commission (NCC) has approved a 50% tariff adjustment for telecom operators, citing rising operational costs and the need to sustain the industry.

The approval, announced in a statement issued on Monday, is significantly lower than the over 100% increase requested by some network providers.

According to the NCC, the adjustment aligns with its mandate under Section 108 of the Nigerian Communications Act, 2003, to regulate and approve tariff rates.

The new tariffs will remain within the 2013 tariff bands and will be implemented in line with the NCC’s 2024 Guidance on Tariff Simplification.

Despite the increase, the NCC stressed that protecting consumers remains a priority.

This is a developing story….

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