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NCC Endorses Tariffs Hike For Telecom Services

Posted on January 20, 2025January 20, 2025 By Rextun boss No Comments on NCC Endorses Tariffs Hike For Telecom Services

The Nigerian Communications Commission (NCC) has approved a tariff increase for telecommunications services, allowing telecom operators to raise rates by up to 50 percent.

This decision comes amid requests from network providers citing challenging market conditions.

In a statement released on Monday, Reuben Mouka, the NCC spokesperson, said the approval was granted in line with the commission’s regulatory powers under Section 108 of the Nigerian Communications Act, 2003.

The section empowers the NCC to regulate and approve tariff rates and charges for telecom operators.

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

The tariff adjustment follows complaints from telecom companies about rising operational costs and other economic pressures.

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The NCC explained that it sought to balance industry sustainability with affordability for consumers.

According to the statement, “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.

He explained that the 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,” he stated.

Telecoms & Information Technology Tags:NCC, Tariff hike, Telcoms services

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