The Association of Licensed Telecommunication Operators of Nigeria (ALTON) announced that the Nigerian Communications Commission (NCC) has instructed telecom operators to make their tariff structures more transparent and easier for subscribers to understand. ALTON Chairman Engr. Gbenga Adebayo, speaking on national television, assured Nigerians of improvements in service quality following a recent 50% tariff review in the telecom sector. He emphasized that the review is crucial for the industry’s sustainability and improved network performance, reflecting current economic challenges such as rising operational costs and inflation.
ALTON Chairman, Engr. Gbenga Adebayo, explained that the 50% tariff review in the telecom sector was necessary due to rising operational costs, including diesel and energy, which had not been reflected in tariffs for 12 years. He stated that the previous rates were unsustainable and posed a risk to the industry’s collapse. Adebayo assured that the review followed regulatory provisions and will lead to improved services, including optimized networks, upgraded systems, and better service delivery.
He also announced that telecom operators will simplify tariffs, making them more transparent and easier to understand, and will take immediate steps to address service quality issues and enhance network performance.
ALTON Chairman Engr. Gbenga Adebayo highlighted the importance of a stable foreign exchange market for the telecom sector, as it is essential for smooth operations and the attraction of foreign direct investments (FDI). He noted that many obligations incurred at previous exchange rates must now be met at current rates, and currency stability would aid in managing these obligations effectively. Adebayo expressed optimism that the recent tariff review would boost investor confidence, leading to job creation and economic growth.
He emphasized that a robust telecom sector is crucial for various industries, including commerce, banking, and healthcare, and called for subscriber understanding regarding the necessary adjustments, which reflect global economic conditions rather than arbitrary choices.
He reassured the public that the telecom industry is recovering and poised for growth. He stated, “We are dedicated to building on previous achievements, enhancing service quality, and fostering economic opportunities. With this review, the future of the telecom sector and, consequently, the Nigerian economy looks promising.”