Nigeria’s Minister of Communications, Bosun Tijani, announced that telecommunications tariff increases will be limited to 60%, rejecting telcos' demand for a 100% hike. He emphasized sustainability, local content development, and tax reforms to support the telecom sector while protecting consumers from excessive costs and ensuring nationwide access to affordable services.
The Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, has assured Nigerians that any impending hike in telecommunications tariffs will not surpass 60%. This decision comes amidst calls from telecom operators for a 100% increase, which the government rejected to safeguard consumers from exorbitant costs.
Speaking during an interview on Channels Television, Tijani emphasized that the proposed adjustments would fall between 30% to 60%, ensuring a balance between industry growth and affordability for citizens. "A 100% increase would be detrimental to Nigerians and the economy," Tijani stated, highlighting the need for sustainable growth in the telecom sector.
Tijani outlined several measures designed to support telecom operators while minimizing costs for consumers. These include increased local content production to reduce dependence on costly imports and foreign exchange. Additionally, the government has classified telecom infrastructure as critical national asset to curb vandalism and improve service delivery.
Efforts are also underway to harmonize taxes within the industry, reducing the financial burden on telecom companies while promoting nationwide service expansion. The government plans significant investments in rural infrastructure, including towers and expanded broadband coverage, to enable operators to reach underserved areas.
Tijani confirmed that the ministry’s recommendations, informed by a KPMG report, are nearing completion and will soon be implemented. He reiterated the administration's commitment to fostering a thriving telecom sector that prioritizes consumer welfare and economic sustainability.
