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NCC Approves 50% Tariff Hike For Telcos

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NCC Approves 50% Tariff Hike For Telcos

The Nigerian Communications Commission (NCC), on Monday, approved a 50% tariff increase for telecoms operators in the country.

In a statement, a spokesman for the regulator, Reuben Muoka said the price adjustment, though lower than the “over 100% requested by some network operators, was arrived at taking into account ongoing industry reforms that will positively influence sustainability”.

The regulator added that the increase was pursuant to its power under Section 108 of the Nigerian Communications Act, 2003 (NCA) to regulate and approve tariff rates and charges by telecommunications operators.

“These adjustments will remain within the tariff bands stipulated in the 2013 NCC Cost Study, and requests will be reviewed on a case-by-case basis as is the Commission’s standard practice for tariff reviews. It will be implemented in strict adherence to the recently issued NCC Guidance on Tariff Simplification, 2024,” the statement read.

“Tariff rates have remained static since 2013, despite the increasing costs of operation faced by telecom operators.

“The approved adjustment is aimed at addressing the significant gap between operational costs and current tariffs while ensuring that the delivery of services to consumers is not compromised.

“These adjustments will support the ability of operators to continue investing in infrastructure and innovation, ultimately benefiting consumers through improved services and connectivity, including better network quality, enhanced customer service, and greater coverage,” it added.

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