He, however, assured Nigerians that it will not be the 100 percent that telecom operators are pushing for at the moment.
TIjani disclosed this at the end of a stakeholders meeting with Mobile Network Operators, MNOs on Wednesday in Abuja.
He said that very soon, the Nigerian Communications Commission, NCC, would approve the new tariffs and make it public to Nigerians.
“You have seen over the past weeks that there has been agitation from some of these companies to increase tariffs. They are requesting a 100 percent tariff increase.
“But it will not be by 100 percent. We are still looking at that study, and NCC will come up with a clear directive on how we will go about it.
“We want to strike the balance as a government to protect our people but also protect and ensure that these companies can continue to invest significantly.
“We need to ensure that as a sector, we get our acts together and ensure that from the regulation side, we put the right regulations in place that can ensure the growth of this sector.”
The minister also noted that the federal government would no longer leave investments in infrastructure in the sector to private companies alone.
“As a country, over time, we have left this investment in the hands of the private sector. They typically invest where they can see returns in the short to medium term.
“We will not want this conversation to just be about tariff increase. I think what the world is talking about today is meaningful connectivity.
“You want to have access to very good quality service.
“A part of it that the consumers may not be aware of is the investment that needs to go into the infrastructure that is used to deliver these services,” he said.
He said that very soon, the Nigerian Communications Commission, NCC, would approve the new tariffs and make it public to Nigerians.
“You have seen over the past weeks that there has been agitation from some of these companies to increase tariffs. They are requesting a 100 percent tariff increase.
“But it will not be by 100 percent. We are still looking at that study, and NCC will come up with a clear directive on how we will go about it.
“We want to strike the balance as a government to protect our people but also protect and ensure that these companies can continue to invest significantly.
“We need to ensure that as a sector, we get our acts together and ensure that from the regulation side, we put the right regulations in place that can ensure the growth of this sector.”
The minister also noted that the federal government would no longer leave investments in infrastructure in the sector to private companies alone.
“As a country, over time, we have left this investment in the hands of the private sector. They typically invest where they can see returns in the short to medium term.
“We will not want this conversation to just be about tariff increase. I think what the world is talking about today is meaningful connectivity.
“You want to have access to very good quality service.
“A part of it that the consumers may not be aware of is the investment that needs to go into the infrastructure that is used to deliver these services,” he said.
It's well oooo. The bills keep increasing. 😔😔😔
ReplyDeleteIncrements no go finish person!
DeleteGodooo, na your hand we deyoo warisdis eeh , everything keep increasing
ReplyDeleteThe one they have been increasing, did they tell us? Bro increase it jor.
ReplyDeleteIt's well
ReplyDeleteFrom Capitalist to Socialist Economy. 😒🙄
DeleteNEPA we never Savior that one ooo
ReplyDeleteThis one again
Chineke bikowu 🙏
It is well
Hello iya Boys
Ride on, the children of God will survive 💪
ReplyDeleteThat is all they know how to do, increase everything. Mmechewwwwwwwwwww
ReplyDeleteMake dem kukuma put knife for we throat cut am
ReplyDeleteThey should keep on increasing, we must survive
ReplyDeleteThese people are just wicked. No consideration for the masses.
ReplyDeleteIt would have been better if salaries are also increasing the way things are increasing on a daily basis.
ReplyDeleteWe need price control regulatory body in this country.
God will come through for us cos the bills....hnmmm it's well.
ReplyDeleteWe will survive.
ReplyDelete