MTN Nigeria Announces 50% Tariff Adjustment Approved by NCC
MTN Nigeria Communications PLC has announced that the Nigerian Communications Commission (NCC) has approved a 50% tariff adjustment for telecom operations.
Although the increment is coming at a time Nigerians are experiencing high cost of living due to soaring inflation, the move is expected to play a pivotal role in the long-term sustainability of Nigeria’s telecom industry.
MTN Nigeria views the decision as essential for ensuring the continued development and resilience of the telecom sector, which plays a central role in the nation’s digital economy.
Karl Toriola, CEO of MTN Nigeria, expressed gratitude to the Nigerian government, the Minister of Communications, Innovation and Digital Economy, the NCC, and industry bodies for their unwavering support. Toriola emphasized that the tariff adjustment is a crucial response to the ongoing economic challenges facing the telecom sector.
“This tariff adjustment represents an important step towards addressing the impacts of the prevailing economic challenges on our business and industry,” Toriola said. “It will enable us to maintain the critical investments required to deliver reliable, high-quality services to Nigerians.”
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He further reassured stakeholders of MTN Nigeria’s continued commitment to supporting the country’s digital transformation agenda, with a focus on driving inclusive growth for all involved parties.
