NCC Approves 50% of 100% Tariff Hike Requested by Telecom Operators
Oru Leonard
The Nigerian Communications Commission (NCC) has approved a 50% tariff adjustment for telecommunications operators, citing the need to address the significant gap between operational costs and current tariffs. This decision aims to ensure the sustainability of the industry while protecting consumer interests.
The 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, granted approval for tariff adjustment requests by Network Operators in response to prevailing market conditions.
The approved adjustment will be implemented within the tariff bands stipulated in the 2013 NCC Cost Study and will be reviewed on a case-by-case basis. The NCC has prioritized striking a balance between protecting telecom consumers and ensuring the sustainability of the industry.
Key Highlights of the Tariff Adjustment:
– Maximum 50% increase: The approved adjustment is capped at 50% of current tariffs, lower than the over 100% requested by some network operators.
– Case-by-case review: Requests will be reviewed on a case-by-case basis to ensure fairness and transparency.
– Implementation within tariff bands: The adjustment will be implemented within the tariff bands stipulated in the 2013 NCC Cost Study.
– Balance between consumer protection and industry sustainability: The NCC has prioritized striking a balance between protecting telecom consumers and ensuring the sustainability of the industry.
The NCC’s decision is expected to support the ability of operators to continue investing in infrastructure and innovation, ultimately benefiting consumers through improved services and connectivity.
