The Nigerian Communications Commission (NCC) has approved a 40% tariff increase for mobile network operators. The new rates will take effect in January 2025. Nigerians will face higher costs for calls, SMS, and internet bundles across all mobile networks.
The cost of a phone call will rise from ₦11 to ₦15.40 per minute. SMS charges will increase from ₦4 to ₦5.60. The price of a 1GB data bundle will go up from ₦1,000 to at least ₦1,400.
The approval comes after extensive debates this year. Mobile Network Operators (MNOs) pushed for an increase in network tariffs. Dr. Bosun Tijani, Minister of Communications, Innovation, and Digital Economy, initially rejected these demands.
He urged operators to adopt innovative strategies. However, mounting losses and warnings of a potential industry collapse increased pressure for a tariff review. Dr.
Tariff hike impacts Nigerian telecom costs
Tijani recently hinted at exploring measures to sustain the telecom sector in 2025. He noted that there may be a need for the hike, but more needs to be done to ensure the sector is competitive. The tariff hike addresses increasing operational costs for telecom operators.
These include energy expenses, infrastructure maintenance, and regulatory compliance. The naira’s depreciation has also inflated import costs. While this measure aims to sustain operators, consumer groups remain worried about its impact on affordability.
The move has triggered concerns, especially for low-income citizens. An NCC official confirmed that further details of the tariff adjustments would be shared in an official announcement. The announcement is expected to benefit both subscribers and operators.
The NCC has taken into account proposals from the industry and the public. The year 2025 will bring greater financial challenges for Nigerians due to the tariff hike. It remains to be seen how the public will respond and adapt to these changes in the telecom sector.
