NCC Reverses The 10% Tariff Hike On Data, Voice Services
The Nigerian Communications Commissions (NCC) has directed telecommunication companies to reverse the 10% hike in tariff for voice and data services.
The commission disclosed that the initial consideration for 10 per cent approval for tariff adjustments for different voice and data packages was in line with the mandates of the commission as provided by the Nigerian Communications Act, 2003, and other extant Regulations and Guidelines, as this was within the provisions of existing price floor and price cap as determined for the industry.
“Furthermore, even though the tariff adjustment was proposed and provisionally approved by the Management, pending the final approval of the Board of the Commission, in the end, it did not have the approval of the Board of the Commission. As a result, it is reversed,” the NCC’s Director, Public Affairs Reuben Muoka made this known in a statement Wednesday.