The Nigerian Communications Commission, NCC, has approved a 50% tariff adjustment for telecom operators, citing rising operational costs and the need to sustain the industry.
Announced in a press statement signed by the Director of Public Affairs, Reuben Muoka, on Monday, this decision underlines the Commission’s regulatory role under Section 108 of the Nigerian Communications Act, 2003.
The approved adjustment, significantly lower than the over 100 per cent requested by some operators, follows careful consideration of market conditions and ongoing industry reforms aimed at fostering sustainability.
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The adjustments will adhere to the tariff bands established in the 2013 NCC Cost Study and will be reviewed on a case-by-case basis, guided by the recently issued NCC Guidance on Tariff Simplification, 2024.
According to the statement, “The Nigerian Communications Commission (NCC), pursuant to its power under Section 108 of the Nigerian Communications Act, 2003 (NCA) to regulate and approve tariff rates and charges by telecommunications operators, will be granting approval for tariff adjustment requests by Network Operators in response to prevailing market conditions.
“The adjustment, capped at a maximum of 50% of current tariffs, though lower than the over 100% requested by some network operators, was arrived at taking into account ongoing industry reforms that will positively influence sustainability.
“These adjustments will remain within the tariff bands stipulated in the 2013 NCC Cost Study, and requests will be reviewed on a case-by-case basis as is the Commission’s standard practice for tariff reviews.
” It will be implemented in strict adherence to the recently issued NCC Guidance on Tariff Simplification, 2024.”
