The Nigerian Communications Commission (NCC) has approved a 50% tariff increase for telecommunications operators, a move backed by the Presidency to ensure the sector’s sustainability. The approval, however, does not mandate an immediate 50% hike in tariffs; operators can maintain current rates if deemed sustainable.
The NCC’s decision aims to address the financial strain on service providers, whose costs have risen significantly since 2013 while prices remained unchanged. The adjustment is seen as a balance between supporting operators and protecting consumers.
Additionally, the NCC has introduced regulatory measures to simplify tariff structures and eliminate exploitative billing practices, ensuring accountability and transparency in the industry.
AT Reporter
