The federal government has approved the demand for tariff hike by Nigerian telecommunication companies, which had sought the approval of the Nigerian Communications Commission (NCC) for a 100 percent tariff increase.

Rising from a stakeholders’ meeting with Mobile Network Operators (MNOs) yesterday in Abuja, Minister of Communications, Innovation and Digital Economy, Bosun Tijani, however, said the hike will fall short of the requested 100 percent rise.

The minister also said the Federal Government would no longer leave investments on infrastructure in the sector to private companies alone.

On his part, the Executive Vice-Chairman of the NCC, Dr Aminu Maida, said the exact percentage approved should be known within a week or two, after some stakeholder engagements.

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