The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, has given the ceiling that the Federal Government would allow in the move by telecommunication companies to increase tariffs.
The Eagle Online recalls that the telecommunication companies are angling for a 100 percent increase in tariff from January 2025.
Tijani, who appeared on a Channels Television programme: “Politics Today,” on Wednesday, said the government acknowledged that a tariff increase in the telecom sector is due, but that it cannot grant the 100 percent the companies are demanding.
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He said: “I think it should not be more than anywhere between 30 to 60 percent.
“We have already made it clear that we are not going to approve 100 percent.
“These companies are asking for 100 percent, 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 to our people to allow MNO to increase by 100 percent.”