Home Business Why Telcos Must Hike Tariffs – Minister
Business

Why Telcos Must Hike Tariffs – Minister

Share
Why Telcos Must Hike Tariffs – Minister | Daily Report Nigeria
Tariffs hike must be free of unexpected charges – FCCPC tells telcos
Share
  • The Minister of Communication and Digital Economy, Dr. Bosun Tijani, has explained that the 50% tariff increase for telecom companies is necessary.
  • Tijani stated that the decision to increase telecoms tariff was difficult.
  • The minister noted that the Federal Government had invested in 90,000 kilometers of fiber.

The Minister of Communication and Digital Economy, Dr. Bosun Tijani, has explained that the 50% tariff increase for telecom companies is necessary to guarantee meaningful access to telecoms services for Nigerians.

Tijani stated that the decision to increase telecoms tariff was difficult, but the government had to balance the need to allow businesses to be sustainable with ensuring citizens’ access to telecommunication services.

According to Tijani, “We have to ensure that when they invest, we can keep them afloat. This is a sector that employs close to half a million people in this country, including the value chain.”

He noted that the Federal Government engaged KPMG to conduct a study to determine the optimal tariff allowance, which led to the 50% increase.

READ ALSO: North Remains Firm Behind President Tinubu, Says Defence Minister

Tijani emphasized that the government’s priority is meaningful access, ensuring that citizens have quality access to telecommunication services.

He said, “We don’t want our people to just have access to telecommunication services. We want it to be meaningful; the quality that you get is extremely important.”

Kano APC Crisis Deepens as Minister, Ganduje Clash Over Chairmanship

A crisis is brewing in the Kano State chapter of the All Progressives Congress (APC) as Minister of State for Housing, Yusuf Abdullahi Atta, and the APC National Chairman, Dr. Umar Abdullahi Ganduje, engage in a bitter struggle over the state chairmanship position.

The incumbent chairman, Abdullahi Abbas, is seeking to continue in office for a fourth term, a move that has been vehemently opposed by Atta.

Continue Reading Here

Share
Related Articles
Tinubu: Nigerian Stock Exchange Records Highest Gain in 15 Years
Business

Investors Lose N167bn in NGX as US Stocks Record Historic Gains

Investors in the Nigerian Exchange Limited (NGX) suffered losses amounting to N167...

World Bank Approves Fresh $700m Loan for Nigeria
Business

World Bank May Approve $1.13bn Loans for Nigeria Soon – Report

The World Bank may approve $1.13 billion in loans for Nigeria by...

Nigeria Spends $817.4m on Debt Servicing in Q1 2025 | Daily Report Nigeria
Business

Nigeria Spends $817.4m on Debt Servicing in Q1 2025

Nigeria spent $817.4 million (approximately N1.26 trillion) on debt servicing in the...

JUST IN: Reps Approves President Tinubu's Tax Reform Bills | Daily Report Nigeria
BusinessNews

JUST IN: Reps Approves President Tinubu’s Tax Reform Bills

The House of Representatives has approved four tax reform bills transmitted by...