News | Events | Digital PR | Advertising

Home News NCC Approves 50% Tariff Adjustments for Telecom Operators Amid Rising Operational Costs
News

NCC Approves 50% Tariff Adjustments for Telecom Operators Amid Rising Operational Costs

Share
Share

The Nigerian Communications Commission (NCC) has approved requests from network operators for tariff adjustments due to rising operational costs, marking the first rate change since 2013. The decision, announced on Monday by Director of Public Affairs, Reuben Muoka, allows for a maximum 50% increase, far below the 100% hike some operators had requested.

The NCC’s approval is based on Section 108 of the Nigerian Communications Act, 2003, and ensures the new tariffs stay within the limits established by the 2013 Cost Study. The adjustment also complies with the 2024 Guidance on Tariff Simplification, promoting fairness and transparency.

The statement clarified that the adjustment, while lower than some operators’ proposals, considers ongoing industry reforms to support long-term sustainability. The changes aim to address the gap between increasing operational costs and static tariffs, without compromising service delivery.

The NCC emphasized that the adjustment is essential to sustain infrastructure investment, improve service quality, and expand network coverage for consumers. The commission also highlighted that the decision follows extensive consultations with public and private sector stakeholders, balancing consumer protection with industry sustainability.

Operators are required to implement the new rates transparently, inform consumers about the changes, and demonstrate improvements in service quality. The NCC remains committed to fostering a resilient telecommunications sector while supporting the growth of Nigeria’s digital economy.

 

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
celebrityNews

Diddy Rejects Plea Deal in Federal S£x Trafficking Case as Judge Allows Damning Hotel Video

Disgraced music mogul Sean “Diddy” Combs has rejected a plea deal in...

EntertainmentNews

Mohbad Inquest: Coroner to Announce Verdict Date as Forensic Pathologist Testifies

The Coroner, Magistrate Adedayo Shotobi, presiding over the inquest into the death...

FeaturesNews

Air Peace Suspends All Flights Nationwide Amid NiMET Strike

Air Peace Ltd. has announced the immediate suspension of all its flight...

NewsPolitics

Atiku’s Former Running Mate and Ex-Delta Governor Okowa Defects from PDP to APC

In a significant political shift, former Delta State Governor and 2023 vice-presidential...