NCC cancels a 10% price increase on voice and data services
The Nigerian Communications Commission (NCC) has canceled the unilateral increase in voice and data services by some mobile network operators (MNOs), saying it was without final approval from the Commission’s board.
The Commission, in a statement in Abuja by its Director of Public Affairs, Reuben Muoka, acknowledged the operating environment, which precipitated the upward tariff adjustment, but insisted that all processes for such approval must be followed.
“The consideration of 10% approval for tariff adjustments for different voice and data packages was in line with the Commission’s mandates as provided by the Nigerian Communications Act 2003 and other relevant regulations and guidelines, as this was consistent with the provisions of the existing floor price and ceiling price, as determined for the industry.
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“The decision was also taken after a critical and realistic review and analysis of the current operating environment and business climate in Nigeria as it affects all sectors of the economy,” the NCC added.
The statement read: “The Minister of Communications and Digital Economy, Teacher. Isa Ali Ibrahim Pantami, maintained that his priority was to protect citizens and ensure justice for all relevant stakeholders. As such, anything that will bring more difficulty at this critical time will not be accepted.
“This is also why he secured President Muhammadu Buhari’s approval for the suspension of the proposed 5% excise duty, to maintain an enabling environment for telecom operators. As much as there is an increase in the cost of production, the provision of telecom services remains very profitable and subscribers must not suffer from an increase in charges.
“In view of the above, the Commission, by a letter sent on October 12, 2022, has already ordered the mobile network operators (MNOs) concerned to cancel the upward tariff adjustment. The Commission will carry out further consultations with all industry stakeholders on the best approaches that will protect and defend the interests of consumers and service providers.