In a landmark decision, the Nigerian Communications Commission (NCC) has approved a 50% tariff hike for telecommunications services across the country. This marks the first adjustment in telecom rates since 2013, and the decision follows requests made by network operators seeking to address rising operational costs.
The approval, which was announced in a statement on Monday, comes after a thorough review of proposals from telecom operators who had requested even steeper increases—some as high as 100%. However, the NCC settled on a more moderate adjustment of 50%, ensuring that the impact on consumers remains manageable despite the rising costs faced by the industry.
Reuben Muoka, the Director of Public Affairs at NCC, confirmed the decision, explaining that the tariff increase was essential for maintaining the sustainability of telecom services and ensuring continued service delivery. He emphasized that the adjustment would help operators manage the increased costs of running their networks, which have been exacerbated by inflation, currency devaluation, and rising fuel prices.
The decision to approve the tariff hike has sparked mixed reactions. While some industry experts have welcomed the move as necessary for the survival of telecom companies, others have expressed concerns over its potential impact on consumers, especially in light of Nigeria’s current economic challenges.
Telecom companies are expected to implement the new rates in the coming weeks, and the NCC has assured the public that it will continue to monitor the situation to ensure that services remain fair and accessible. This development comes as the telecom sector grapples with the need for infrastructure upgrades and increased investment in the face of growing demand for data and communication services across the nation.
