Ncc To Decide On Telcos Proposed 100 Tariff Increase

Telecommunications firms in Nigeria have suggested a 100 per cent increase in their rates and are awaiting regulatory approval from the Nigeria Communications Commission NCC.

This proposal has been presented to the Nigerian Communications Commission NCC and aims to tackle the escalating operational expenses, including inflation and higher service delivery costs.

This was disclosed by MTN Nigerias Chief Executive Officer, Karl Toriola, during an interview on Arise TV on Thursday. However, the CEO indicated it is unclear if the Nigerian Communications Commission- the body regulating telecommunications-will sanction the proposal.

Toriola stated that the proposed tariff increase is essential for the industrys viability, which has been under considerable financial strain due to soaring operational costs.

"We have submitted requests for roughly a 100 percent increase in tariffs to the regulators. I am skeptical they will accept such a significant increase because they are very sensitive to the current economic climate in the country," Toriola remarked.