Wednesday, July 30, 2025
28 C
Lagos

Why NCC Approved 50% Tariff Adjustment Request by Operators

The Nigerian Communications Commission (NCC), pursuant to its power under Section 108 of the Nigerian Communications Act, 2003 (NCA) to regulate and approve tariff rates and charges by telecommunications operators, has granted approval for tariff adjustment requests by network operators in response to prevailing market conditions.

The adjustment, capped at a maximum of 50 per cent of current tariffs, though lower than the over 100 per cent requested by some network operators, was arrived at taking into account ongoing industry reforms that will positively influence sustainability.

These adjustments will remain within the tariff bands stipulated in the 2013 NCC Cost Study, and requests will be reviewed on a case-by-case basis as is the Commission’s standard practice for tariff reviews. It will be implemented in strict adherence to the recently issued NCC Guidance on Tariff Simplification, 2024.

Tariff rates have remained static since 2013, despite the increasing costs of operation faced by telecom operators. 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.

Recognising the concerns of the public, this decision was made after extensive consultations with key stakeholders across the public and private sectors.

The NCC has prioritised striking a balance between protecting telecom consumers and ensuring the sustainability of the industry, including the thousands of indigenous vendors and suppliers who form a critical part of the telecommunications ecosystem.

The NCC recognises the financial pressures faced by Nigerian households and businesses and remains deeply empathetic to the impact of tariff adjustments. To this end, the Commission has mandated that operators implement these adjustments transparently and in a manner that is fair to consumers. Operators are also required to educate and inform the public about the new rates while demonstrating measurable improvements in service delivery.

Additionally, the NCC reaffirms its dedication to fostering a resilient, innovative, and inclusive telecommunications sector. Beyond protecting consumers, the Commission’s actions are designed to ensure the long-term sustainability of the industry, support indigenous vendors and suppliers, and promote the overall growth of Nigeria’s digital economy.

As a regulator, the NCC will continue to engage with stakeholders to create a telecommunications environment that works for everyone—one that protects consumers, supports operators, and sustains the ecosystem that drives connectivity across the nation.

spot_img
spot_img
spot_img

Hot this week

Ecobank Earns Stable Outlook Ratings from Moody’s

Moody’s has affirmed Ecobank Transnational Incorporated’s (ETI) B3/Not Prime...

Finance Minister, Wale Edun, Charges New NDIC Management on Performance

The Minister of Finance and Coordinating Minister of the...

NIMC to Nigerians: Avoid Sharing Personal Data

The National Identity Management Commission (NIMC) has noted with...

NIMC to Nigerians: Avoid Sharing Personal Data

The National Identity Management Commission (NIMC) has noted with...

Rex Insurance Unveils Digital Platforms to Drive Motor Insurance Business

Rex Insurance Limited has unveiled new digital platforms designed...

Topics

Stanbic IBTC Celebrates Digital Graduate Trainees 

  The firstever digital graduation ceremony of the Stanbic IBTC...

WAICA Re Wins 2021 NAIPCO Excellence Award

L-R: Conference Chairman, and Chairman/CEO, Prestige Insurance Brokers,...

African Female Managers Launch $100m Fund to Drive Growth

    UN Secretary-General, Antonio Guterres, and African Union Commission Chairperson,...

Will Insurance Cushion Coronavirus Losses? 

A report by Bloomberg says the world should not...

Market Statistics: Wednesday, 8th November 2017

Market Cap (N'bn)                12,853.7 Market...

NGX Group Chaiman, Umaru Kwairanga, Extols China-Africa Trade Expo 2025

By Umaru Kwairanga It is an honour and a privilege...

Banks’ Advert Spend Rose by N21m in October 2019

P+ Measurement Services, a media intelligence and audit agency...
spot_img

Related Articles

Popular Categories

spot_imgspot_img