• About Us
  • Contact Us
  • Privacy Policy
Tuesday, June 17, 2025
The Intercept
No Result
View All Result
  • Home
  • News
    • National
    • International
    • Education
    • Health
    • Legislative
    • Judiciary
    • Security
    • Metro
    • Crime
  • Politics
  • Business
    • Economy
    • Labour
    • Oil & Gas
    • Agriculture
    • Aviation
    • Maritime
    • Banking
    • Energy
    • Communication
    • Technology
  • Special Reports
    • Anti-Corruption
    • Investigations
    • Interviews
    • Sponsored
  • Arts & Life
    • Art
    • Books
    • Fashion
    • Lifestyle
  • Entertainment
    • Movies
    • Music
    • Weekend Gist
  • Press Freedom
  • Opinion
    • Editorial
    • Facts Check
    • Columns
The Intercept
No Result
View All Result

Tariff Hike Saved Telecom Firms from Collapse – Minister Bosun Tijani

by Intercept Nigeria
February 28, 2025
in Communication
Bosun Tijani, minister of communications, innovation and digital economy

Bosun Tijani, minister of communications, innovation and digital economy

Share To WhatsAppShare on FacebookShare on TwitterSend To Mail

Bosun Tijani, minister of communications, innovation and digital economy, said that companies would be in danger of closing if the federal government did not authorise a tariff hike for telecommunications services.

Tijani gave a speech on Thursday following a meeting with President Bola Tinubu and a group from Airtel, headed by the company’s founder and chairman, Sunil Mittal.

On January 20, the Nigerian Communications Commission (NCC) approved a 50% pricing increase for telecommunications service providers (telcos).

The Nigeria Labour Congress (NLC) was among the various groups that expressed resentment over the action.

Tijani reaffirmed the federal government’s commitment to safeguarding companies and consumers in a statement following the meeting.

According to the minister, the hike was necessary to prevent widespread job losses and potential company closures.

Telecom operators faced several difficulties, the minister said, adding that the sector would have been severely strained financially in the absence of the pricing change.

ALSO READ  Reps Challenge Telcos Over Price Hike as Nigerians Lament Rising Costs
Bosun Tijani, minister of communications, innovation and digital economy

Nearly half a million Nigerians are employed in the telecom industry, he noted; thus, operators must preserve their financial stability.

“This government is extremely conscious of the state of the economy. The President carefully considers every citizen before making decisions,” Tijani said.

“We had to conduct a study, led by KPMG, to determine the optimal increase that would ensure sustainability without overburdening consumers.

 “If we had refused the tariff increase, we risked companies shutting down and losing jobs. It was a difficult but necessary decision.”

The minister also said the government’s focus extends beyond affordability to ensuring high-quality service.

 “We don’t just want Nigerians to have access to telecom services; we want them to have meaningful access,” he added.

ALSO READ  Tinubu explains why he appointed Bosun Tijani as minister despite past criticism

“That means improving service quality, which is why the Nigerian Communications Commission (NCC) is shifting focus from just quality of service to quality of experience.”

READ ALSO: Obasa Breaks Silence: Meranda Resigned Peacefully at Negotiation Table

Tijani also outlined the government’s investments in expanding connectivity, including the deployment of 90,000 kilometres of fibre-optic cables and the construction of 7,000 telecoms towers in rural areas.

“This is a journey. Achieving nationwide, high-quality connectivity requires significant investment, and we must encourage both the private sector and the government to work together to make it happen,” he said.

‘MORE ADJUSTMENTS REQUIRED IN THE FUTURE

For his part, Mittal attributed the tariff hike to rising operational costs, inflation, and currency devaluation.

The Airtel boss stressed that the industry requires continuous investment to maintain service quality and expand infrastructure.

ALSO READ  Reps Challenge Telcos Over Price Hike as Nigerians Lament Rising Costs

“The situation has been generally tough. Inflation has significantly impacted costs — diesel, electricity, rentals, salaries, and transportation have all increased,” he said.

“The entire telecom network in Nigeria is imported, making it even more challenging.”

He acknowledged that while the 50 percent tariff increase was necessary to cover rising costs, “more adjustments might be required in the future”.

“We will work with the government and stakeholders to ensure a calibrated approach. As the Nigerian economy improves, we hope to gradually manage inflationary impacts,” he said.

Mittal reiterated Airtel’s long-term commitment to Nigeria, highlighting that despite economic challenges, the company has continued investing heavily in infrastructure.

Subscribe To Receive Newsletters

Check your inbox or spam folder to confirm your subscription.

SendShareTweetSend
Previous Post

Obasa Breaks Silence: Meranda Resigned Peacefully at Negotiation Table

Next Post

Cost of Living Crisis: Lagos Rent Soars, Residents on the Move

Related Posts

Nigeria’s Active Mobile Lines Now Over 200 Million – Pantami
Communication

Nigeria’s Active Mobile Lines Now Over 200 Million – Pantami

June 20, 2022
Facebook
Communication

EXPLAINED: Our Apps Crashed Because… – Facebook Apologises

October 5, 2021
PIPELINE SURVEILLANCE: News of Pipeline Attack In Isoko Fake – Isoko Youths To FG
Communication

Contrary To Reports, Buhari Did Not Lift Twitter Ban, This Is What He Did 

October 1, 2021
See How You Can Benefit From Facebook’s ‘Digital Wallet’ Set To Launch This Year
Communication

See How You Can Benefit From Facebook’s ‘Digital Wallet’ Set To Launch This Year

August 26, 2021
QUERY: Reps C’tee Indicts FIRS , Says MTN Has’nt Paid Customs Duty Since 2001
Communication

DISCLAIMER: Why We’ve Not Renewed MTN’s UAS License – NCC

August 3, 2021
7 Months To Go: Buhari Orders SGF, Ministers To Prepare Transition Documents
Communication

BREAKING: FG Orders All Broadcast Stations To Go Off Twitter

June 7, 2021
Next Post
Cost of Living Crisis: Lagos Rent Soars, Residents on the Move

Cost of Living Crisis: Lagos Rent Soars, Residents on the Move

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

TRENDING STORIES

  • Student Celebrity Award 5.0 Closes With Ground Breaking 1,200+ Nominations

    Student Celebrity Award 5.0 Closes With Groundbreaking 1,200+ Nominations

    0 shares
    Share 0 Tweet 0
  • “I Regret Criticizing You, I Was Naive” – El-Rufai’s Son Apologizes to Goodluck Jonathan

    0 shares
    Share 0 Tweet 0
  • Benue Massacre: Alia Fires Chief of Staff, CPS Over Protest Participation

    0 shares
    Share 0 Tweet 0
  • Divine Future Johnson Partners With UNICAF to Empower Nigerian Students

    0 shares
    Share 0 Tweet 0
  • Suspected Herdsmen Attack Mbaivur Community Near Benue Air Force Base

    0 shares
    Share 0 Tweet 0
  • Angela Okorie Drags Ex-boyfriend Who Said He Spent Over ₦300M On Her

    0 shares
    Share 0 Tweet 0
  • How Bayelsa Gov Diri Leaked My Sex Tape – South African Lawmaker, Sifuba

    0 shares
    Share 0 Tweet 0
  • D’banj Wants FG to Settle P-Square Family Feud

    0 shares
    Share 0 Tweet 0
  • WEEKEND GIST: Meet ‘Modern Jonah’, Man Who Survived 36 Hours Inside Whale

    0 shares
    Share 0 Tweet 0
  • Okowa, Elumelu, Others Absent as Nwoko Hosts APC Gathering

    0 shares
    Share 0 Tweet 0

LATEST STORIES

Ric Hassani Says Working With Portable on New Album Was Seamless

Ric Hassani Says Working With Portable on New Album Was Seamless

June 16, 2025
BBNaija Ex Housemate Angel Survives Car Acciden

BBNaija Ex Housemate Angel Survives Car Accident

June 16, 2025
Omoni Oboli Drags Ghanaian TV Stations For Airing Her Movies Without License

Omoni Oboli Advises Women On The Type of Men to Marry

June 16, 2025
"I Want Two More Kids"-Chioma Tells Davido On Father's Day

“I Want Two More Kids”-Chioma Tells Davido On Father’s Day

June 16, 2025
Daddy Freeze Replaces Nedu Wazobia On Honest Bunch Podcast

Daddy Freeze Replaces Nedu Wazobia On Honest Bunch Podcast

June 16, 2025

THE INTERCEPT

The INTERCEPT is an independent and non-profit news website that promotes transparency and accountability through robust and investigative reports.

We engage you with Critical and Objective News Reports on Politics, Business, Sports, Entertainment, Lifestyle, Education, Opinions, Editorials including Videos, Photos, and Documents.

No Result
View All Result

GET NEW POST ALERT

Check your inbox or spam folder to confirm your subscription.

  • Facebook
  • X

NEWS SOURCES

  • Africa.com
  • Businessday
  • Channels Television
  • Daily Independent
  • Daily Times
  • Daily Trust
  • Leadership Newspaper
  • National Daily
  • NewsDiary Online
  • Nigerian Tribune
  • Economic Confidential
  • Peoples Gazette
  • PM News
  • Pointblanknews
  • Premium Times
  • Punch
  • The Guardian
  • The Nation
  • The Sun
  • Thisday
  • TV360 Nigeria
  • Vanguard
  • About Us
  • Contact Us
  • Privacy Policy

Copyrights © 2025 The Intercept - Published by Flying Dutchman.

No Result
View All Result
  • Home
  • News
    • National
    • International
    • Education
    • Health
    • Legislative
    • Judiciary
    • Security
    • Metro
    • Crime
  • Politics
  • Business
    • Economy
    • Labour
    • Oil & Gas
    • Agriculture
    • Aviation
    • Maritime
    • Banking
    • Energy
    • Communication
    • Technology
  • Special Reports
    • Anti-Corruption
    • Investigations
    • Interviews
    • Sponsored
  • Arts & Life
    • Art
    • Books
    • Fashion
    • Lifestyle
  • Entertainment
    • Movies
    • Music
    • Weekend Gist
  • Press Freedom
  • Opinion
    • Editorial
    • Facts Check
    • Columns

Copyrights © 2025 The Intercept - Published by Flying Dutchman.