RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Economy

NCC Approves 50% Tariff Adjustment for Telecom Operators

Victoria Attah by Victoria Attah
January 21, 2025
in Economy, telecommunication
Reading Time: 1 min read
A A
0
NCC to Eradicate the Issue of Multiple Taxation in the Telecoms Industry
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

The Nigerian Communications Commission (NCC) has approved a 50% adjustment in telecom tariffs, citing rising operational costs and the need for sustainability in the industry. This decision, announced by NCC’s Director of Public Affairs, Reuben Muoka, reflects the Commission’s efforts to balance industry demands with consumer protection.

The approved adjustment is significantly lower than the over 100% increase requested by some operators. It adheres to the 2013 NCC Cost Study tariff bands and aligns with the 2024 Guidance on Tariff Simplification.

AlsoRead

FG Raises N748.64 Billion from FGN Bonds as Borrowing Rates Ease

Foreign Reserves Climb $12.76 Billion in a Year, Gain $708 Million in September

Lagos Ports Handle 84.6% of Nigeria’s N41.44 Trillion Merchandise Trade in Q2

The NCC emphasized that for over a decade, telecom tariffs have remained unchanged despite escalating costs. The adjustment aims to close the gap, enabling operators to improve infrastructure, customer service, and network quality. This decision follows consultations with public and private sector stakeholders, ensuring fairness and transparency in implementation.

To mitigate the impact on consumers, the NCC has mandated operators to educate the public on the new rates and demonstrate service improvements. The Commission reiterated its commitment to fostering a resilient telecommunications industry that supports innovation and connectivity while safeguarding consumer interests.

As part of its strategy, the NCC pledged to maintain active engagement with stakeholders, ensuring the telecommunications sector remains a vital driver of Nigeria’s digital economy and national development.

Tags: NCC
Previous Post

MTN Nigeria Secures ₦42.2 Billion Through Latest Commercial Paper Issuance

Next Post

Banks Scramble to Settle USSD Debt Ahead of January 27 Deadline

Related News

FG Allocates N5.1 Billion for Presidential Yacht and N5.5 Billion For Student Loans

FG Raises N748.64 Billion from FGN Bonds as Borrowing Rates Ease

by Victoria Attah
September 17, 2026
0

The Federal Government raised N748.64 billion from its September 2026 domestic bond auction, with investors showing strong demand for both...

NEC Affirms CBN $3 Billion Loan for Naira Stability

Foreign Reserves Climb $12.76 Billion in a Year, Gain $708 Million in September

by Victoria Attah
September 17, 2026
0

Nigeria’s gross foreign exchange reserves rose by $12.76 billion year-on-year to $54.61 billion as of 14 September 2026, reinforcing the...

Naira Depreciation Forces Imports Down By 65% in Q3, 2023

Lagos Ports Handle 84.6% of Nigeria’s N41.44 Trillion Merchandise Trade in Q2

by Stephen Akudike
September 15, 2026
0

Lagos ports processed an estimated N35.07 trillion, or about 84.6 per cent, of Nigeria’s N41.44 trillion total merchandise trade in...

Nigeria Exports Electricity Worth N23bn as Local Consumers Suffer Outages.

FG Raises N728.98 Billion Bond to Clear Power Generators’ Debts

by Jide Omodele
September 15, 2026
0

The Federal Government has raised N728.979 billion through the second issuance under its N4 trillion Power Sector Multi-Instrument Issuance Programme,...

Next Post
Leading Banks Struggle with Capital Deficits: Zenith Bank and Others Strive to Meet CBN Standards

Banks Scramble to Settle USSD Debt Ahead of January 27 Deadline

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

FG Allocates N5.1 Billion for Presidential Yacht and N5.5 Billion For Student Loans

FG Raises N748.64 Billion from FGN Bonds as Borrowing Rates Ease

September 17, 2026
Nigeria’s Stock Market Records N1.81 Trillion Gain in July.

Sterling, AIICO and Fidelity Lead Volumes as NGX Gains About N315 Billion

September 17, 2026

Popular Story

  • Nigeria’s Debt to China Surges by $800 Million in One Year

    31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows

    0 shares
    Share 0 Tweet 0
  • FX Market Turnover Surges to $3.05 Billion, Highest in Three Months

    0 shares
    Share 0 Tweet 0
  • What Nigerian should know about the new Dual-Purpose Debit Card and National Identity Card

    0 shares
    Share 0 Tweet 0
  • Foreign Airlines Repatriate N795.48bn from Nigeria in Six Months

    0 shares
    Share 0 Tweet 0
  • Tesla Reports 7% Drop in Automotive Revenue 

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>