Connect with us

Hi, what are you looking for?

Tech

Telecoms Tariff Hike to be Limited to 60%, Says Minister Tijani – Ravenewsonline

Bosun Tijani, New Minister of Communication and Digital Economy
Bosun Tijani, New Minister of Communication and Digital Economy

Bosun Tijani, Minister of Communications, Innovation, and Digital Economy, says the proposed hike in telecoms tariff will not exceed 60 percent.

While speaking on Politics Today, a programme on Channels Television, the minister said any increase would range between 30 percent to 60 percent.

“I think they should only increase by not more than anywhere between 30 to 60 percent,” he said.

Tijani said approving a 100 percent tariff hike would be harmful to Nigerians. He mentioned that allowing such a significant increase would hinder the country’s growth, hence the focus on sustainability.

“We’re asking difficult questions, like can we possibly increase the local content in that sector, meaning can we reduce the amount of imports that are coming into that sector, which means they have to look for foreign exchange, which is more expensive.

“We’ve declared all their infrastructure as critical national infrastructure, that’s something they’ve been looking for for years. President Tinubu did that last year.

The reason is that when people go and vandalise telecommunications equipment, it drops the quality of service that people get, but it also costs this company a lot to repair. We’re taking that away.

If you look at the tax reform, for instance, there are a number of things there to harmonise taxes that they pay, to reduce it in a way that is good for the country but also allows these companies to thrive.

We are as a country, for instance, investing in that 90,000 kilometres that I mentioned. When we do the investment, it will allow these companies to be able to reach more people.

If we’re investing in towers in difficult-to-reach locations, in rural areas, it will give them the opportunity to increase the pool of customers that they have without making heavy investments,” he said.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

ad

You May Also Like

Broadcasting

With about a year of joining the Smart Treasure Investment (ST Team), the status of Folashade Abiodun popularly known as Fola, has changed for...

News

As part of its commitment to fostering education, Smart Treasure (ST Team) Investment has empowered over 117 pupils from Orejo Opete Primary School and...

News

The family of the late chieftain of the All Progressives Congress (APC), Chief Dr. Cairo Ojougboh, led by his wife, Mrs. Bose Ojougboh, marked...

Tech

Federal Government of Nigeria has marked a significant milestone on Friday, 14th February 2025, by breaking ground for the construction of the Sustainable &...