• 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

Kevin Warsh's Hawkish Approach Could Pressure Bitcoin Prices

chest

Kevin Warsh's hawkish stance on monetary policy may pressure Bitcoin prices in the short term, but his understanding of digital assets could foster long-term institutional confidence.

user avatarMaria Gutierrez

Swiss Campaign for Bitcoin Reserves Fails to Gather Signatures

chest

A campaign led by Yves Bennaim to require the Swiss National Bank to hold Bitcoin alongside gold and foreign currencies has failed to gather enough signatures for a national referendum.

user avatarAndrew Smith

AMINA Bank Becomes First Regulated Institution to Support Canton Coin

chest

AMINA Bank has become the first regulated bank in Switzerland to offer custody and trading services for Canton Coin, enhancing access to digital assets for institutional clients.

user avatarDavid Robinson

Analyst Raises Key Questions About XRP's Role in Global Settlement Systems

chest

Crypto analyst Iso Ledger sparks debate on the demand for XRP in a global settlement system, questioning its value and functionality.

user avatarZainab Kamara

Tether's Blacklist and Freezing Actions Surge in 2025

chest

In 2025, Tether blacklisted 4,163 addresses and froze a total of $126 billion, highlighting the growing role of compliance in the cryptocurrency sector.

user avatarJacob Williams

Tether Freezes Over $514 Million in USDT Across Ethereum and Tron

chest

Tether has frozen over $514 million in USDT across 370 addresses on Ethereum and Tron networks as part of compliance measures.

user avatarSon Min-ho

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.