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    Ikenga Online
    Home » NCC approves 50% tariff hike for telecom companies
    National

    NCC approves 50% tariff hike for telecom companies

    EditorBy EditorJanuary 20, 2025No Comments2 Mins Read
    Br Aminu Maida, NCC EVC

    Stephen Ukandu,  Umuahia

    The Nigerian Communications Commission, NCC, has finally approved the request by telecommunication operators for tariff hike in response to rising operational costs. 

    NCC approved a 50% tariff hike by the telecom companies.

    This was contained in statement issued on Monday by Reuben Muoka, the NCC’s Director of Public Affairs.

    According to the statement, the adjustmnent is in line with Section 108 of the Nigerian Communications Act, 2003, adding that the new tariffs would remain within the limits outlined in its 2013 Cost Study.

    The commission also said the adjustments will adhere to its 2024 Guidance on Tariff Simplification.

    The statement read: “The adjustment, capped at a maximum of 50 per cent of current tariffs, though lower than the over 100 per cent requested by some network operators, was arrived at taking into account ongoing industry reforms that will positively influence sustainability.

    “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.

    “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.

    “This decision was made after extensive consultations with key stakeholders across the public and private sectors.”

    Editor
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