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Tijani Rejects 100% Telecom Tariff Hike, Says Increase Should Be Between 30-60%

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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.”

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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.


 

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Business

FG Empowers 500 Women and Youths With Agricultural Skills In Ogun State

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The Federal Government trains 500 women and youths in food production and agriculture. The programme was started to support food security.

The Federal Ministry of Agriculture and Food Security partnered with the National Horticultural Research Institute (NIHORT).

The women and youths were taught tomato, okra and Telfairia production techniques. The government believes this will help boost agriculture, improve food production and strengthen the economy in Ogun State.


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Fuel Prices Continue to Drop Across Some Nigerian Filling Stations

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According to reports, fuel stations are reducing their prices a bit. This has become a general thing around Nigeria after the spike due to the removal of subsidy.

The prices are dropping to ₦1,275 and ₦1,299, going lower than ₦1,300 compared to what it was before.


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Business

MTN Advances IHS Holding Acquisition Following Shareholder Approval

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MTN has moved closer to acquiring IHS Holding, following shareholder approval of the proposed takeover, marking another major milestone in the transaction.

The approval was secured during the Extraordinary General Meeting (EGM) held on 4 August, allowing the deal to progress to the next stage.

If completed, the acquisition is expected to strengthen MTN’s infrastructure capabilities by giving the company greater control over its telecommunications tower assets. Industry analysts believe the move could improve network efficiency, reduce long-term operating costs, and support MTN’s continued expansion across its markets.

The transaction is still subject to regulatory approvals and other closing conditions before it can be officially completed.


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