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Minister Bosun Defends 50% Telecom Tariff Hike Due to Rising Costs

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Minister Bosun Defends 50% Telecom Tariff Hike Due to Rising Costs

Minister, Communication Innovation and Digital Economy, Tijani Bosun, has attributed the recent 50% increase in telecommunications tariffs to global inflation and rising operational costs. 

Speaking to journalists moments after defending his Ministry’s budget of N12 billion for 2025 before before the joint committees on communication, Bosun stated that 50% adjustment aligns with broader economic trends.

According to the Minister, tariffs act as a sales tax, causing a one-off price increase rather than sustained inflation.

Our correspondent, Raliat Adenekan reports that the Minister said the Federal Government plans to invest six billion naira to deploy ninety thousand kilometers of fiber optic cable, expanding the country’s capacity from 35,000 kilometers to 125,000 kilometers.

The Minister says this planned deployment of fibre optic cable is an initiative aimed at fostering growth in critical communication sectors.

The last hike was 12 years ago and the new tariff hike comes amid agitations by telecom operators in the last two years, demanding for 100% increase. 

READ ANOTHER STORY HERE: https://classic94.fm/trump-to-seize-panama-canal-urges-putin-to-end-ukraine-war/

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