• 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

US Jobs Report Triggers Market Reaction

chest

A surprising US jobs report revealed that nonfarm payrolls rose significantly to 172,000, more than double the Wall Street estimate, in June 2026.

user avatarMiguel Rodriguez

Market Analyst Predicts Bitcoin Bottom Range

chest

Market analyst Rafael predicts Bitcoin's bottom range to be between $46,000 and $54,000 based on historical data.

user avatarLuis Flores

Crypto Analyst Predicts Bitcoin's Path to Recovery in 2026

chest

A detailed forecast by crypto analyst Aralez outlines Bitcoin's potential price movements throughout 2026, indicating a gradual recovery after a bearish phase.

user avatarArif Mukhtar

Japan's Regulatory Reforms Boost Bitcoin ETF Prospects

chest

Japan's regulatory reforms may pave the way for the approval of a Bitcoin ETF, potentially attracting up to $3.1 trillion in investments.

user avatarMaria Gutierrez

US Spot Bitcoin ETFs Struggle with Outflows Amid Market Corrections

chest

US Spot Bitcoin ETFs are experiencing significant outflows amid market corrections, with investors withdrawing approximately $433 billion over 13 consecutive trading days.

user avatarDavid Robinson

Uncertainty Grows for CLARITY Act Passage in 2026

chest

Uncertainty grows for the CLARITY Act passage in 2026 as Alex Thorn of Galaxy Digital revises the probability from 75% to 60% due to a crowded Senate schedule.

user avatarAndrew Smith

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.