The Nigerian Communications (NCC) has ordered the reversal of the implementation of the newly approved 10% hike in tariff for voice and data services.
While noting that the tariff increase was due “was in line with the mandates of the Commission as provided by the Nigerian Communications Act, 2003, and other extant Regulations and Guidelines,” the implementation has been halted.
“Furthermore, even though the tariff adjustment was proposed and provisionally approved by the Management, pending the final approval of the Board of the Commission, in the end, it did not have the approval of the Board of the Commission. As a result, it is reversed,” the NCC’s Director, Public Affairs Reuben Muoka said in a statement Wednesday.
“The Honourable Minister, Prof. Isa Ali Ibrahim Pantami, has maintained that his priority is to protect the citizens and ensure justice to all stakeholders involved. As such, anything that will bring more hardship at this critical time will not be accepted.
“This was also why he obtained the approval of President Muhammadu Buhari for the suspension of the proposed 5% excise duty, in order to maintain a conducive enabling environment for the telecom operators.
“Much as there is an increase in the cost of production, the provision of telecom services is still very profitable and it is necessary that the subscribers are not subjected to a hike in charges.
“In view of the above, the Commission, through a letter sent on the 12th of October 2022, has already directed the affected Mobile Network Operators to reverse the upward tariff adjustment.
“The Commission will carry out further consultations with all industry stakeholders on the best approaches that will protect and uphold the interest of both the consumers and the service providers.”
Meanwhile, Business Hallmark investigation revealed that the two telcos involved, MTN Nigeria and Airtel, had complied with the directive.
For instance, a 2GB data plan on the MTN and Airtel platforms which sold for N550 on Sunday has reverted to the old price of N500.