Nigeria’s telecommunications regulator will approve a 50% improve in present tariffs following a request from community operators, in step with rising prices in Africa’s most populous nation, it stated on Monday.
Telecoms operators, together with MTN, had requested a 100% tariff improve however the Nigerian Communications Fee (NCC) stated it reached its determination taking into consideration ongoing business reforms that can affect sustainability.
Tariff charges have remained unchanged since 2013, regardless of the rising prices of operation, the NCC stated, including that the rise was aimed toward addressing the numerous hole between operational prices and revenues whereas making certain that service supply shouldn’t be compromised.
Inflation
Inflation has risen sharply after President Bola Tinubu devalued the naira forex and lower subsidies in 2023 to attempt to elevate financial development and shore up public funds.
It began to ease in July final 12 months because the affect of the naira devaluation started to fade, earlier than a sequence of petrol value will increase once more spurred inflationary pressures. — Camillus Eboh, (c) 2025 Reuters
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