News
Nigerians to Pay More for Calls and Data as Telecom Costs Rise
The Minister of Communications and Digital Economy, Bosun Tijani, has announced that Nigerians may face a 30 to 60 percent increase in the cost of calls, data, and other telecommunications services.
Tijani shared this during an interview with Channels Television, explaining that the hike is necessary to sustain growth in the sector and keep up with global technological advancements.
He emphasized that the telecommunications industry relies heavily on continuous investments to drive economic development.
With rising inflation and the rapid evolution of technology, operators must upgrade their infrastructure to remain competitive.
“The tariff increase shouldn’t exceed 30 to 60 percent,” Tijani explained. “This sector is built on investment.
Technologies like 3G will eventually be phased out, so telecom companies need to keep upgrading their equipment. Inflation is a challenge, and we must ensure they can attract the capital needed to grow.”
Tijani cited a significant jump in foreign investments. “In the first quarter of 2024, the telecommunications sector attracted nearly $199 million in foreign direct investment, primarily from telecom operators.
That’s already higher than the total inflow for 2023. If we want to build a $1 trillion economy, we need telecom operators investing at a faster pace,” he added.
Business
Tijani Rejects 100% Telecom Tariff Hike, Says Increase Should Be Between 30-60%
Bosun Tijani, Nigeria’s Minister of Communications, Innovation, and Digital Economy, has assured the public that telecom operators will not be allowed to raise tariffs by 100 percent, despite their ongoing calls for increases.
In a recent interview on Channels Television’s Politics Today, Tijani addressed the telecom companies’ request for higher tariffs, which they attribute to rising operational costs, inflation, and the devaluation of the naira.
While acknowledging the need for a tariff hike, Tijani emphasized that any increase should be manageable for the people.
“I think it should not exceed 30 to 60 percent,” he stated.
“We are not going to approve a 100 percent increase,” Tijani clarified. “The companies are asking for it, believing it is what they need to stabilize. But as a government, we must ensure the growth of the sector does not come at the expense of the people.”
He also mentioned that the Nigerian Communications Commission (NCC) is still evaluating the tariff increase, working carefully to balance the needs of the telecom sector with the economic impact on Nigerians.
According to Tijani, this will involve closely examining the figures and considering how the increase might affect consumers while ensuring the sustainability of the telecom industry.
Entertainment
Gospel Singer Timileyin Ajayi Reveals Reason For Killing His Girlfriend
Gospel Singer Timileyin Ajayi reveals reason for action against his late girlfriend. The singer recently made headline for beheading his girlfriend and was caught with her head.
An insider source stated that he saw the singer acting suspicious and decided to question his movement.
After the singer was taken he was questioned about his decision. During an interview the suspect revealed that he killed her because he wanted to end their one year relationship.
He stated that it was because she had cheated on him and wanted to leave the relationship. He also confessed to not regretting his action.
News
Erik ten Hag Eyes Borussia Dortmund Job After Manchester United Exit
Erik ten Hag, the former Manchester United manager, is reportedly being considered as a future candidate to manage Borussia Dortmund, with the Dutchman being closely linked to the Bundesliga club since his departure from Old Trafford last October.
Although currently out of work, Ten Hag has been a regular visitor to Dortmund and has spent time with the club’s technical director, Sven Mislintat.
Sky Germany revealed that the former Ajax coach was given a tour of Dortmund’s business area, and he also had discussions with Mislintat during his visit.
Ten Hag was even in attendance for Dortmund’s recent 3-2 loss to Bayer Leverkusen, a match that added to the club’s struggles this season.
While Dortmund currently have Nuri Sahin at the helm, the club’s management is reportedly keeping an eye on the situation.
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