Nigeria’s Minister of Communications, Innovation, and Digital Economy, Dr Bosun Tijani, has announced that the Nigerian Communications Commission (NCC) will soon introduce new guidelines for adjusting tariffs within the telecommunications sector.
He pointed out, however, that the increase implemented would not meet the 100% request made by telecom operators.
During a stakeholder meeting with Mobile Network Operators (MNOs) on Wednesday, Tijani said that ongoing consultations and discussions are taking place regarding this matter, and the Nigerian Communications Commission (NCC) will soon finalise and publicly announce the new tariffs for Nigeria.
The Minister underscored the importance of ensuring the telecommunications sector is well-organised to establish the proper regulations required for its growth.
“We aim to find a balance as a government, to safeguard our citizens while also ensuring that these companies can continue to make significant investments,” he stated.
Additionally, the minister conveyed that the government will no longer depend solely on private companies to invest in infrastructure within the sector.
Recently, Mr. Karl Toriola, the CEO of MTN Nigeria, indicated that the telecommunications industry is currently threatened by sustainability issues that must be tackled through a tariff review, explaining that telecom operators have requested a 100% increase.