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Nigeria Explains 50% Telecom Tariff Hike Amid Global Inflation

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Nigeria Explains 50% Telecom Tariff Hike Amid Global Inflation

The Minister of Communication Innovation and Digital Economy, Tijani Bosun, has attributed the recent 50% increase in telecommunications tariffs to global inflation and rising operational costs, amid agitations by telecom operators in the last two years, demanding for 100% increase.

Speaking to newsmen moments after defending his Ministry’s budget of N12 billion for 2025, the Minister stated that tariffs act as a sales tax, causing a one-off price increase rather than sustained inflation

Our correspondent, Raliat Adenekan reports that the Minister said the Federal Government plans to invest Six Billion Naira to deploy 90,000 kilometers of fiber optic cable, expanding the country’s capacity from 35,000 kilometers to 125,000 kilometers, aimed at fostering growth in critical communication sectors.

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