Tariff hike won’t be more than 60% – Minister

Tariff hike won’t be more than 60% – Minister

PUNCH

The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, has said that a potential tariff increase in the telecommunications sector should not exceed 60 per cent.

He emphasised the need to balance the sustainability of the sector with affordability for Nigerians.

Tijani made this known during an interview on Politics Today on Channels Television on Wednesday.

When asked if he has a percentage threshold in mind, he replied, “I think it shouldn’t be more than 30 to 60 per cent.”

Highlighting the critical role of telecommunications in Nigeria’s economy, Tijani noted that the sector contributes about 14 to 16 per cent to the nation’s GDP and directly employs over 15,000 people, with an additional half a million benefitting indirectly.
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Tariff hike won't be more than 60% - Minister

 

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