• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Nigeria Debates Telecom Tariff Increase

user avatar

by Giorgi Kostiuk

a year ago


Nigeria faces a 50% increase in telecom tariffs, sparking debate among lawmakers and the public.

Lawmakers' Reaction

The Nigerian House of Representatives has called to delay the telecom tariff increase, citing rising inflation and the economic crisis. Lawmaker Oboku Oforji, who led the discussion, noted that the hike would add financial pressure on small businesses and citizens.

It is estimated that a 10 per cent increase in telecommunications costs would reduce small business profitability up to 7 per cent, potentially leading to the closure of businesses.Oboku Oforji

Telecom Operators Begin Changes

MTN, Nigeria's largest telecoms provider, has started implementing the tariff hike, while others like Globacom and Airtel have yet to adjust their pricing. The changes include increasing the price for 15GB from ₦2,000 to ₦6,000.

Telecom Operators' Defense

The Association of Licensed Telecommunications Operators of Nigeria argues that the tariff increase is necessary for the sector's long-term sustainability. ALTON Chairman Gbenga Adebayo emphasized the importance of investment to prevent service decline.

The public’s concerns are valid, but this tariff increase is essential for sustaining the sector.Gbenga Adebayo

The introduction of new telecom tariffs has provoked strong reactions, but operators maintain that it is necessary for maintaining service quality.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Curated Lending Vaults to Be Developed Through Concrete and Euler Collaboration

chest

The partnership between Concrete and Euler will enable the design of intricate lending markets through curated vaults within Euler's advanced system.

user avatarMaya Lundqvist

General Randy George Retires Amid Military Leadership Changes

chest

On April 3, 2023, Defense Secretary Pete Hegseth forced Army Chief of Staff General Randy George into immediate retirement amid conflicts over promotion decisions linked to diversity.

user avatarKaterina Papadopoulou

PUMP Price Targets Suggest Large Upside Potential

chest

Projected price targets for PUMP indicate significant upside potential if the current structure holds.

user avatarBayarjavkhlan Ganbaatar

Resistance Level at 00030 Critical for PUMP Price Direction

chest

The 00030 resistance level is identified as crucial for determining the next direction of the PUMP price.

user avatarLeo van der Veen

Bitcoin Reserves on Binance Decline Amid Rising Stablecoin Balances

chest

Bitcoin reserves on Binance decreased from 670,000 BTC to 636,000 BTC, while USDT reserves grew from 35 billion to 38 billion and USDC reserves climbed from 46 billion to 66 billion.

user avatarElias Mukuru

Pumpfun PUMP Price Shows Signs of Bullish Reversal

chest

Recent price action indicates a potential bullish reversal for Pumpfun PUMP as accumulation patterns emerge near a key support level.

user avatarTenzin Dorje

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.