In a statement, NCC spokesperson Reuben Muoka indicated that this price adjustment, while less than the "over 100%" increase sought by some operators, was determined with consideration of ongoing industry reforms that are expected to enhance sustainability.
The commission stated that this increase is in accordance with its authority under Section 108 of the Nigerian Communications Act, 2003 (NCA), which empowers it to regulate and approve tariff rates and charges imposed by telecommunications providers.
“These adjustments will remain within the tariff bands stipulated in the 2013 NCC Cost Study, and requests will be reviewed on a case-by-case basis as is the Commission’s standard practice for tariff reviews. It will be implemented in strict adherence to the recently issued NCC Guidance on Tariff Simplification, 2024,” the statement read.
“Tariff rates have remained static since 2013, despite the increasing costs of operation faced by telecom operators.
“The approved adjustment is aimed at addressing the significant gap between operational costs and current tariffs while ensuring that the delivery of services to consumers is not compromised.
“These adjustments will support the ability of operators to continue investing in infrastructure and innovation, ultimately benefiting consumers through improved services and connectivity, including better network quality, enhanced customer service, and greater coverage.”
The NCC acknowledged the financial challenges faced by Nigerian households and businesses and expressed understanding of the effects of these tariff adjustments.
“To this end, the Commission has mandated that operators implement these adjustments transparently and in a manner that is fair to consumers. Operators are also required to educate and inform the public about the new rates while demonstrating measurable improvements in service delivery,” the regulator said.
Nigeria's telecommunications sector, as of December 2023, comprises over 224 million subscribers, based on official regulatory figures. MTN holds the largest market share, commanding over 87 million subscribers (38.79%), exceeding all other licensed Mobile Network Operators (MNOs). Globacom and Airtel each serve approximately 61 million subscribers, while 9mobile reports 13.9 million users.