Telecom tariff hike: Huge financial burden on Nigerians

The tariff hike in Nigeria’s telecom sector has sparked widespread debate about its potential impact. While telecom operators argue that the increase is essential for business sustainability, many Nigerians fear it will worsen their already strained finances. TEMITOPE AINA writes

Telecommunication tariffs in Nigeria have long been considered affordable, particularly when compared to other sectors where prices have steadily risen. However, the prevailing economic challenges, rising inflation, the removal of subsidies and increased energy costs have made it increasingly difficult for telecom companies to maintain profitability. As a result, operators have pushed for tariff hikes, a move that has raised concerns among consumers struggling to manage daily expenses.

Operators struggle for survival

The Director and Chief Economist at Proshare Nigeria LLC, Teslim Shitta-Bey, described the telecom operators’ predicament as a…