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BREAKING: NCC approves 50% Tariff Hike for Telecoms

The Nigerian Communications Commission (NCC) has approved a 50% tariff hike for telecommunications companies.

This decision comes in response to rising operational costs and is the first change in rates since 2013.

The adjustment, capped at a maximum of 50%, is significantly lower than the over 100% proposed by some operators. The NCC emphasized that the new tariffs would remain within the limits outlined in its 2013 Cost Study and adhere to the 2024 Guidance on Tariff Simplification.

The approved adjustment aims to address the gap between operational costs and current tariffs while ensuring that service delivery to consumers is not compromised. This decision followed extensive consultations with key stakeholders across the public and private sectors.

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