Telecommunications companies in Nigeria have formally requested a 100% increase in service tariffs to address mounting financial pressures on the industry. The proposal, which has been submitted to the Nigerian Communications Commission (NCC), awaits regulatory approval.
Speaking on Arise TV, MTN Nigeria’s CEO, Karl Toriola, explained that the request stems from escalating operational costs driven by inflation, fluctuating exchange rates, and rising energy prices. Toriola emphasized the importance of the tariff adjustment, stating, “We’ve put forward requests of approximately 100 per cent tariff increases to regulators. I doubt they’re going to approve that quantum of increases because they are very, very sensitive to the current economic situation in the country.”
The telecom industry, according to Toriola, is under immense financial pressure. Companies are battling with high diesel prices, increased power generation costs, and the rising cost of essential inputs.
He warned that without regulatory support, operators might face service disruptions or be forced to limit service availability in certain areas.
“I believe we’re all on the same side, the policymakers, the regulators, our Chairman of ALTON, Gbenga Adebayo, and the industry. We’re united because we share concerns about a few fundamental issues. First, human rights, are critical to driving any economy. Without a sustainable industry, the broader economy and the well-being of the people will be negatively impacted.”
Gbenga Adebayo, Chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), echoed these concerns. Describing the sector as “under siege,” he highlighted that tariffs have remained stagnant for 11 years despite significant economic challenges.
Telecom operators have repeatedly called for dialogue with the Federal Government, stressing the urgency of balancing affordability for consumers with the financial sustainability of the industry. Without immediate intervention, stakeholders fear severe consequences for service quality and the broader economy.
