Telecommunications Indigenous Content Expo , on Wednesday, in Lagos, averred that, operators are currently selling below operating cost.
Adebayo gave instances of the fuel subsidy removal and its impacts on operating cost, adding that, “while we are yet to cope with that, Electricity Distribution Companies is agitating to increase electricity tariff. If not that electricity tariff is being subsidized by the federal government, we would have been paying higher tariff.
“We have seen the consequences of the removal of fuel subsidy on Operational Expenditures. You can imagine what it would be like if electricity subsidy is removed. No doubt, we are going to face the same hardship that we faced during fuel subsidy removal. That is the reason why we are clamouring for a change as pricing regime in the sector is not sustainable in the current economy dispensation.”
He tasked the new minister, to ensure that, the ICT sector is independent of political interference, adding that, the USSD issue between operators and banks, is still on due to political interference.
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