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...

My AFCON 2025 Observatory  Land Is Strategy, Not Scenery: What Morocco’s Highways Reveal About Power, Policy, and Nigeria’s Blind Spot

My AFCON 2025 Observatory Land Is Strategy, Not Scenery: What Morocco’s Highways Reveal About Power, Policy, and Nigeria’s Blind Spot

SATIRICAL SATURDAY:  The Lagos–Ibadan Expressway, A Long Road to Utopia

SATIRICAL SATURDAY: The Lagos–Ibadan Expressway, A Long Road to Utopia

When the Poor Defend the Rich: The Untold Story Behind Nigeria’s Tax Reform

When the Poor Defend the Rich: The Untold Story Behind Nigeria’s Tax Reform

Maduro’s Abuse of Power and the Tragedy of Venezuela, Lesson to Dictators Around The World

Maduro’s Abuse of Power and the Tragedy of Venezuela, Lesson to Dictators Around The World

Are Nigerian leaders watching AFCON Morocco 2025?

Are Nigerian leaders watching AFCON Morocco 2025?

MY BROTHER IS MY BROTHER, NO MATTER OUR DIFFERENCES

MY BROTHER IS MY BROTHER, NO MATTER OUR DIFFERENCES

Israel Is Ready To Protect Christians In Nigeria- Netanyahu

Israel Is Ready To Protect Christians In Nigeria- Netanyahu

Reclamation of Identity: Why Olórí Ìdílé Must Replace Mogaji in Ibadan

Reclamation of Identity: Why Olórí Ìdílé Must Replace Mogaji in Ibadan

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...