Nigerian telecommunications companies have proposed a 100% increase in service tariffs to the Nigerian Communications Commission (NCC) to offset rising operational expenses.
Speaking during an interview on Arise TV on Thursday, Karl Toriola, CEO of MTN Nigeria, explained that the proposed hike aims to address the escalating costs of service delivery, inflation, and other economic pressures affecting the telecom sector.
“We’ve put forward requests of approximately 100 per cent tariff increases to regulators. However, I doubt they’re going to approve that quantum of increases because they are very, very sensitive to the current economic situation in the country,” Toriola stated.
The proposal underscores the industry’s struggle to maintain operations in the face of increasing financial pressures. Despite the challenges, Toriola emphasized the importance of sustaining the telecom sector to support Nigeria’s broader economy and safeguard human rights.
“We’re united because we share concerns about fundamental issues. Without a sustainable industry, the economy and people’s well-being will suffer,” he added, referencing the collaborative stance of telecom operators, regulators, and policymakers.
The proposal has sparked public debate, with many Nigerians expressing concerns about the potential impact on the affordability of telecom services. The NCC has yet to respond to the request, and it remains unclear if any adjustments to tariffs will be approved.
Industry stakeholders continue to stress the importance of balancing economic realities with consumer protection as they navigate these challenges.
