Parrot Reporters
No Result
View All Result
  • Home
  • Top Stories
  • News
  • Politics
  • Business
  • Economy
  • World News
  • Diaspora
  • Other Features
    • Crime
    • Entertainment
    • Tourism
    • Interviews
    • Editorials
    • Opinion
Parrot Reporters

Breaking! NCC Approves 50% Increase For Telecom Operators Amid Rising Operational Costs

Bello Akin by Bello Akin
January 20, 2025
0
Breaking! NCC Approves 50% Increase For Telecom Operators Amid Rising Operational Costs
Share on FacebookShare on TwitterShare on Whatsapp

The Nigerian Communications Commission (NCC) has announced the approval of a 50% tariff adjustment for telecommunications operators across the country. The decision, which was disclosed in a statement on Monday, comes as a response to increasing operational costs and the need to sustain the telecom industry’s growth and efficiency.

The NCC emphasized that the approved adjustment is significantly lower than the over 100% tariff increase initially proposed by some network providers. The Commission explained that the decision reflects a balance between the financial sustainability of telecom operators and consumer protection, ensuring affordable services remain accessible to Nigerians.

Citing its regulatory mandate under Section 108 of the Nigerian Communications Act, 2003, the NCC reiterated its commitment to overseeing and approving tariff rates that promote a healthy and competitive telecommunications sector.

In the statement, the NCC noted, “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.”

The Commission further highlighted that the tariff adjustment is a necessary step to maintain the operational viability of telecom providers in the face of rising costs, particularly in areas such as energy, foreign exchange, and equipment procurement. It assured Nigerians that the increase had been carefully reviewed to prevent undue hardship while enabling the industry to thrive.

Industry stakeholders have lauded the NCC’s approach, describing it as a pragmatic measure that ensures the continued delivery of reliable telecom services without jeopardizing the interests of consumers. Observers also noted that the move would encourage investments in innovative solutions to expand network reach, especially in underserved and rural communities.

The NCC reaffirmed its commitment to monitoring the implementation of the new tariffs to ensure compliance and mitigate any potential consumer exploitation, reiterating that its focus remains on balancing affordability with sustainability in the telecommunications sector.

More News...

UK Plans Royal Welcome For Tinubu, Seeks To Deepen Nigeria–Britain Economic Ties

UK Plans Royal Welcome For Tinubu, Seeks To Deepen Nigeria–Britain Economic Ties

Adewole: The Physician as Diplomat By Abiodun KOMOLAFE

Adewole: The Physician as Diplomat By Abiodun KOMOLAFE

From Riches To Rags: The Rise And Fall Of Adnan Khashoggi, A Cautionary Tale For The Wealthy And Affluent.

From Riches To Rags: The Rise And Fall Of Adnan Khashoggi, A Cautionary Tale For The Wealthy And Affluent.

Adeleke, Ede and the limits of Edenisation  By  abiodun KOMOLAFE

Adeleke, Ede and the limits of Edenisation By abiodun KOMOLAFE

Lagos State Government Announces Resumption of Monthly Environmental Sanitation Exercise

Lagos State Government Announces Resumption of Monthly Environmental Sanitation Exercise

FORMER GREEN EAGLES STAR, HENRY NWOSU IS DEAD!

FORMER GREEN EAGLES STAR, HENRY NWOSU IS DEAD!

President Tinubu Appoints Fola Adeola To Chair Presidential Petroleum Reform & Value Optimisation Taskforce

President Tinubu Appoints Fola Adeola To Chair Presidential Petroleum Reform & Value Optimisation Taskforce

LASPA GM RESUMES DUTY, ANNOUNCES NEW AREA OFFICE IN IKORODU

LASPA GM RESUMES DUTY, ANNOUNCES NEW AREA OFFICE IN IKORODU

About Us

Parrot Reporters is an independent and non-partisan news platform with special focus on Nigerians in Diaspora cum news within and outside the shore of Nigeria.


Our aim is to celebrate the exploits of Nigerians in diaspora particularly in Southern Africa and other parts of the world.

Categories

  • Business
  • Comic
  • Cover Stories
  • Crime
  • Economy
  • Editorials
  • Entertainment
  • Health
  • Interviews
  • Nigerians In Diaspora
  • Opinion
  • Other News
  • Politics
  • Sports
  • Tourism
  • Videos
  • World News

Follow Us

COPYRIGHT © Parrot Reporters
No Result
View All Result
  • Browse
    • Sports

© Parrot Reporters

 

Loading Comments...