• 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

XRP Technical Indicators Show Mixed Signals Amid Price Correction

chest

Technical indicators for XRP show a loss of bullish momentum, with MACD losing pace and RSI below 50.

user avatarJesper Sørensen

Polymarket's Legal Battle Continues as Case is Remanded to State Court

chest

The federal court has sent the case against Polymarket back to state court, rejecting its jurisdiction arguments.

user avatarKofi Adjeman

Kalshi Faces Legal Setback as Federal Judge Remands Case to State Court

chest

Kalshi is facing a potential restraining order in Nevada as a federal judge remands the case to state court, allowing regulators to seek an injunction against the exchange.

user avatarNguyen Van Long

XRP Price Experiences a Decline After Struggling to Break Through Major Resistance.

chest

XRP price has started a downside correction after failing to hold above the 1420 level, with current support at 13550.

user avatarSatoshi Nakamura

DiceyHQ's Beta Phase Attracts Heavy Betting Volume

chest

DiceyHQ's closed beta attracted around 200 users who placed approximately $15 million in wagers, prompting a strategic shift towards betting products.

user avatarRajesh Kumar

Magic Eden Scales Back Operations, Focuses on Solana

chest

Magic Eden is scaling back its services, focusing solely on Solana as it winds down support for EVM and Bitcoin products.

user avatarFilippo Romano

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.