FG Approves 50% Telecoms Tariff Hike

The Federal Government has approved a new 50 per cent hike in the cost of telephone services in the country. This comes 12 years after the last tariff hike was effected. This was announced yesterday by the Nigerian Communications Commission (NCC) in a statement signed by the Director of Public Affairs, Reuben Muoka. The adjustment, […]
Donald Trump’s Tariff Plans could be a blow to Canada’s Economy

Canada has promised to implement a set of sweeping new security measures along the country’s US border, including strengthened surveillance and a joint “strike force” to target transnational organised crime. Announcing details of the plan, Canada’s minister of finance and intergovernmental affairs said the federal government would devote 1.3bn Canadian Dollars to the plan. The […]
Senate calls for Suspension of Federal Government’s planned Subsidy Removal on Electricity

The Nigerian Senate has called for the immediate suspension of plans by the Executive to remove subsidy on Electricity which would result in an increase in tariffs, describing the move as retrogressive and ill-timed. The Upper Chamber also mandated its Committee on Power to investigate the over N2 trillion subsidy requirement as alleged by the […]
Power distribution companies deny reports of electricity tariff hike

Power distribution companies have denied reports of electricity tariff hike beginning from today, January 1, 2024. They said the Nigerian Electricity Regulatory Commission had not issued any directive for such. It was reported on Sunday that power distribution companies were planning to hike electricity tariffs from January 1, 2024, a development that was neither confirmed […]