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Telecoms Tariff Hike Shouldn’t Be More Than 60% — Minister

The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, has reiterated that the Federal Government would not allow telecoms companies to increase tariff by 100 per cent.

For some years now, the telecoms companies have been asking for increase in tariff, citing rising operational cost, inflation and naira devaluation among others.

Tijani, who was a guest on Channels Television’s Politics Today on Wednesday, said the government acknowledged that tariff increase in the telecom sector is due, but said that the government cannot grant the 100 per cent the companies are demanding.

Asked if there is a percentage threshold for the impending tariff increase, the Minister said, “I think it should not be more than anywhere between 30 to 60 per cent.”

He said that even though the companies are insisting that 100 per cent increase is what is need to stabilise the sector, the government knows that such level of increase will be harmful to the people.

“We have already made it clear that we are not going to approve 100 per cent. These companies are asking for 100 per cent, stating clearly that this is what they believe they need to get.

“But what we are looking at in terms of the sector is that if this is the sector that is responsible for driving growth in our country, it will be harmful on our people to allow MNO to increase by 100 per cent,” Tijani said.

The post Telecoms Tariff Hike Shouldn’t Be More Than 60% — Minister appeared first on Channels Television.

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