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Home News

Nigeria: Telecom Companies Request Regulatory Approval For Tariff Increase

July 21, 2024
Reading Time: 2 mins read
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Broadcast Media Africa has learned that in Nigeria, telecommunication operators, including MTN Nigeria, Glo and others, have appealed to the Nigerian Communications Commission, NCC, for permission to increase their tariff.

They insisted that this increase was the best way to sustain growth in the telecom sector, given the current economic headwinds. This is coming two months after an earlier letter to the industry regulator to demand tariff adjustment.

They are appealing to the regulator to understand that yielding to their demand will arrest the prevalent revenue loss among telcos and steady the sector towards sustaining its appreciable contribution to the growth of gross domestic product and GDP.

The telcos gave their reasons at a special reception in Lagos hosted by the industry players under the Association of Telecommunications Companies of Nigeria, ATCON.

ATCON President, Mr. Tony Izuagbe Emoekpere, emphasized the association’s commitment to working with the NCC.

He said: “I welcome the Executive Vice-Chairman, EVC, to our industry, Dr Aminu Maina. It’s a traditional event that we always do at ATCON to host all key stakeholders, and we believe that NCC’s EVC is a major stakeholder in our industry.

“We do this occasionally and are very privileged and honoured to have him here in our presence.

“We pledge to continue to work with the Commission as we have done in the past.

He highlighted ATCON’s long-standing role in representing industry interests and facilitating dialogue between regulators and operators.

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