• 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

Programmable Digital Credit: The Future of Finance

chest

Michael Saylor's keynote on February 25, 2026, highlighted the transformative potential of programmable digital credit, emphasizing its tokenization and distribution on platforms like Solana and Ethereum.

user avatarKaterina Papadopoulou

Michael Saylor Advocates for Bitcoin-Backed Digital Credit

chest

Michael Saylor advocates for Bitcoin-backed digital credit, emphasizing its potential to reshape financial markets and create new investment opportunities.

user avatarMaya Lundqvist

Aave Launches Aave Horizon for Traditional Financial Institutions

chest

Aave Labs has launched Aave Horizon, a lending market designed for traditional financial institutions to borrow stablecoins using real-world assets as collateral.

user avatarAisha Farooq

Stani Kulechov Outlines Vision for Aave's Future in DeFi Lending

chest

Stani Kulechov outlines his vision for Aave's future in DeFi lending, aiming to create a large liquidity network and tokenize abundance assets for decentralized lending.

user avatarLeo van der Veen

Aave Reaches $1 Trillion in Total Lending, Setting a New DeFi Record

chest

Aave, the decentralized finance protocol, has achieved a remarkable milestone by crossing $1 trillion in total cumulative lending, marking a first in the DeFi industry.

user avatarLi Weicheng

Short Positions on Ethereum Decline as Market Sentiment Improves

chest

The Ethereum market is experiencing a shift as short positions are being eliminated, indicating a more positive outlook.

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.