Nigerian Telecom Giants Seek Tariff Increase, Call for Government Intervention

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Naijanews April 25, 2024 8:09 p.m.

Nigerian Telecom Giants Seek Tariff Increase, Call for Government Intervention

The joint statement stated, “For a fully liberalized and deregulated sector, the current price control mechanism, which is not aligned with economic realities, threatens the industry’s sustainability and can erode investors’ confidence.”The companies underscored the importance of balancing consumers’ affordability with operators’ financial viability to maintain a healthy telecommunications ecosystem.

The move, proposed in a joint statement by the Association of Licensed Telecommunications Operators of Nigeria (ALTON) and the Association of Telecommunication Companies of Nigeria (ATCON), seeks the government’s intervention to address pricing challenges and regulatory constraints impacting the industry..

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