• 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

InterLink Concentrates on Growth in Institutions and Support for Developers.

chest

InterLink aims to expand institutional adoption and support developers with innovative tools and resources.

user avatarLuis Flores

TIP20 Token Standard Enhances ERC20 with Payment-Specific Features

chest

The newly launched TIP20 token standard by Tempo enhances the existing ERC20 standard with essential features for payment systems.

user avatarDavid Robinson

XBITU Addresses Utility Challenges for Token Projects

chest

XBITU addresses utility challenges for token projects by providing infrastructure that enables real-world payments without additional technical development.

user avatarEmily Carter

XBITU Integrates Apple Pay and Google Pay for Real-World Crypto Payments

chest

XBITU integrates Apple Pay and Google Pay for real-world crypto payments, enhancing user experience at ICE Barcelona 2026.

user avatarTomas Novak

XBITU Combines Singapore Technology with EU Regulatory Frameworks

chest

XBITU combines a Singapore-developed technology stack with EU regulations to create a secure crypto financial infrastructure.

user avatarFilippo Romano

PayPal Participates in Klearly's Funding Round

chest

PayPal Ventures has participated in a $12 million funding round for European payments firm Klearly, which aims to expand its operations into Italy and Belgium.

user avatarKaterina Papadopoulou

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.