January is often conidered a long month, but consider what it will be like if a new telecom tarrif hits your finance in the same month.
You see, telecom tariff in Nigeria will rise soon
The government has given approval for a new telecom tarrif that falls short of the 100% requested.
The move aims to ensure sector sustainability while protecting consumers.
Simplified billing and improved service quality will accompany the increase.
This federal government’s approval will increase the cost of calls, data, and SMS.
This change, expected in the coming weeks, aims to address sustainability challenges within the industry.
However, the government has decided not to implement the full 100% increase requested by service providers.
Instead, it seeks to balance the growth of the sector with protection for consumers.
The Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, announced the decision during an industry forum in Abuja.
Read Also; Nigeria’s Digital Economy: A Call For Sustainability
He highlighted the telecom sector’s critical role in Nigeria’s economic development and assured Nigerians that the tariff increase would not reach 100%.
According to Tijani, the government is focused on creating regulations that promote sector growth and job creation, while avoiding excessive financial strain on Nigerians.
In addition, Executive Vice Chairman of the Nigerian Communications Commission (NCC), Aminu Maida, pointed out that the tariff hike would be accompanied by efforts to simplify billing systems and enhance transparency.
A Sustainable Telecom Idustry
New quality-of-service regulations will require all service providers to clearly display their pricing for calls, SMS, and data.
Furthermore, the government is investing in infrastructure to improve connectivity and service quality across Nigeria.
While private sector investments have driven the telecom sector’s growth, the government is now stepping up its efforts to accelerate development.
Ultimately, the government aims to foster a sustainable telecom industry that contributes to Nigeria’s economic growth, while minimising the impact on consumers.
