“N16/minute, N1,500/1GB”: MTN, Airtel, Others Set Date To Begin New Tariff

The Association of Licensed Telecommunications Operators of Nigeria (ALTON) says telecom operators will begin charging the new 50% tariffs in March.

Legit.ng previously reported that the Nigerian Communications Commission (NCC) approved a 50% tariff hike for the telcos on January 20, 2025, after a decade.

Telcos getting approvals for implementation

Three days after the approval, Wale Edun, the minister of Finance, disclosed that the tariff hike in the telecom sector would be reviewed periodically.

However, Gbenga Adebayo, chairman of ALTON, disclosed in a recent forum that the telcos will issue their tariffs differently and are currently filing, reviewing, and getting approvals from the NCC.

He stated that the telcos follow regulatory requirements and steps for filling out and getting the necessary approvals.

He said as soon as the approval comes through, different operators will introduce new rates as the time comes.

He said the prices would improve, and the new rate would be rolled out over the next month.

According to the ALTON boss, the tariff adjustment is important for the survival of the telecom industry, saying that the government should not rely on the industry to subsidise others.

USSD debts by banks getting resolved

He said that it is essential that the players need to charge sustainable rates and that the sector cannot subsidise others.

Adebayo disclosed that there has been progress in repaying the N250 billion USSD debt owed by banks as the parties are nearing final resolution on the issue.

Also, the tension in the sector has reduced and concerns have declined as the industry moves closer to final resolution.

The NCC directed telecommunication companies to disconnect nine banks for failing to pay their USSD debt.

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