Amid the slow network reported by Nigerians, the Nigerian Communications Commission (NCC) has reportedly approved tariff increases for telecom and internet companies.... CLICK TO READ THE FULL NEWS HERE▶▶
The development comes after a long period of agitations by telecom operators in Nigeria.
New pricing regime takes effect
Findings show that new pricing rules also followed the approval by the NCC.
According to reports, a document titled Guidance on the Simplification of Tariffs in the Nigerian Communications Sector, signed by the NCC Executive Chairman, Aminu Maida, said the commission the new tariff took effect on July 29, 2024, and will remain valid and binding on licensees until revealed by the regulator.
The document reportedly aims to simplify the pricing of several services across the country’s telecoms landscape.
According to the report, the rules dictate what service providers can charge subscribers for a bundle or unit of a product/service across the industry.
The number of phone lines, internet subscribers
As of the first quarter of 2024, the Nigerian telecoms market had 219,304,281 phone lines, 164,368,292 internet subscriptions, and 94,751 broadband connections.
The rule also provides stricter rules for tariff plans, add-ons, bundles, bonuses, promotions, top-ups, and other services that give subscribers access to voice, data, SMS, and other services delivered by telcos in Nigeria.
The rule stipulates a tariff plan as a structured pricing scheme that shows the charges and conditions for which telecom services are provided to subscribers. The report said that NCC orders that “every subscriber must be on a tariff plan, and no subscriber can be on more than one tariff plan at a time.”
