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Home News & Reports

August 5, 2024

Nigeria: Regulator Approves New Tariff Hike For Telcos – Report
News & Reports
August 5, 2024

by Staff Writer BMA
August 5, 2024
in News & Reports, Telecommunication

BMA has learnt that the Nigerian Communications Commission (NCC) (the body that regulates Nigeria’s Telecommunication sector) has finally introduced new tariff plans for the industry after many months of agitation by telecommunications services providers in the country.

According to industry reports, the regulator’s approval was also followed by new pricing rules, according to a document, “Guidance On The Simplification of Tariffs In The Nigerian Communications Sector,” signed by Dr Aminu Maida, executive vice chairman/CEO.

According to the Commission, “the Guidance shall take effect on July 29, 2024, and will remain valid and binding on licensees until further reviewed by the Commission.”

The document aims to simplify pricing a wide range of services across the Nigerian telecoms industry.

The rules guide what service providers can charge their subscribers for either a bundle or unit of a product/service across the Nigerian telecoms market, which accounts for 219,304,281 phone lines, 164,368,292 internet subscriptions, and 94,364,751 broadband connections as of Q1 2024.

It also provides stricter pricing rules for tariff plans, add-ons, bundles, bonuses, promotions, top-ups, and other elements that offer subscribers access to voice, data, SMS and other services delivered by telcos in Nigeria.

Under the rules, which stipulate a tariff plan as “a structured pricing scheme that outlines the charges and conditions under which telecommunications services are provided to subscribers,” NCC orders that “every subscriber must be on a tariff plan and no subscriber can be on more than one tariff plan at a time.”

Tags: Nigerian Communications Commission (NCC)Telecommunication
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