NCC Tells Telecom Operators To Reverse 10% Tariff Increase

The Nigerian Communications Commission (NCC) has ordered the nation’s telecom companies to stop implementing the 10% rate hike for voice and data services that they just began enforcing.

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Reuben Muoka, the NCC’s Director of Public Affairs, acknowledged in a statement that the augmentation had previously received NCC approval. The regulator claims that its earlier approval of the 10% rate increase was justified by its responsibilities under the 2003 Nigerian Communications Act and other applicable Regulations and Guidelines.

NCC Tells Telecom Operators To Reverse 10% Tariff Increase

The statement went on to say that the increase fell within the guidelines of the current price floor and price ceiling that had been established for the sector.

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However, after a critical and realistic review of the operational environment and the current business climate in Nigeria, the approval was reversed.

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