• 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

10 months 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

Hyperliquid Introduces Direct Native USDC Deposits

chest

Hyperliquid exchange has launched direct native USDC deposits, enhancing user experience in decentralized finance.

user avatarGustavo Mendoza

Market Insights on Binance's Regulatory Realignment

chest

Market analysis indicates that Binance's integration under ADGM's regulatory framework could enhance market confidence and attract institutional investments.

user avatarMiguel Rodriguez

Binance to Transition Operations to ADGM-Licensed Entities

chest

Binance will transition its operations to three ADGM-licensed entities effective January 5, 2026, to standardize operations globally and enhance regulatory clarity.

user avatarRajesh Kumar

USPD Protocol Compromised in Major Security Breach

chest

USPD Protocol compromised in a major security breach due to a CPIMP attack, resulting in the minting of 98 million USPD tokens and the theft of 232 stETH.

user avatarAyman Ben Youssef

Twenty One Capital Executes $39B Bitcoin Transfer, Signaling Institutional Confidence

chest

Twenty One Capital has executed a massive Bitcoin transfer of 43,122 BTC, valued at approximately $3.94 billion, signaling deep institutional confidence in Bitcoin's long-term value.

user avatarLuis Flores

Yearn Finance yETH Vault Exploit Results in 9 Million Loss

chest

Yearn Finance's yETH vault was exploited, leading to a loss of 9 million.

user avatarZainab Kamara

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.