Phone companies in Nigeria propose 40% tariff increase

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The letter said the fee for calls will increase from N6.4 to N8.95 while the price cap for SMS will increase from N4 to N5.61.

Telecommunication operators under the auspices of Association of Licensed Telecommunication Operators of Nigeria , have proposed a 40 per cent hike in call and SMS tariffs.

ALTON added that the introduction of the five percent excise duty on telecom service providers has heightened the burden of multiple taxes and levies on the industry. “Upward review of the price determination for voice and data and SMS. Given the state of the economy and the circa 40 per cent increase in the cost of doing business, we wish to request for an interim administrative review of the mobile termination rate for voice; administrative data floor price, and cost of SMS as reflected in extant instruments.

 

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Is it only creating of more hardship and poverty is what the country Nigeria is known for? What can this country ever boast of to have done for the enjoyment of the citizens? PVC? A negative price tag attached too. What is that?

It’s only in Nigeria that government would allow a coy to increase tariff after declaring profits in an economy where the citizens are wailing under severe hardship . It’s INSANE!!!

This will kill the economy

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