spot_img
spot_imgspot_img
October 31, 2026 - 4:21 AM

MTN Seeks Tariff Hike Amid Rising Operational Costs

—

MTN Nigeria is pushing for a 100% tariff increase on voice and data services, citing operational challenges.

The company’s CEO, Karl Toriola, attributed the request to surging costs driven by currency devaluation, inflation, and higher expenses for fuel, power, and essential materials like fibre cables and software licenses.

The telecom giant warned that current revenue levels are insufficient to sustain operations and maintain service quality.

Despite support from government regulations, such as infrastructure protection laws, the sector is grappling with sustainability issues.

The Nigerian Communications Commission (NCC) has yet to approve the proposed hike, considering the economic strain on consumers.

The decision remains critical as operators balance service delivery and rising expenses in an unpredictable economic environment.

Doris Israel Ijeoma
Doris Israel Ijeoma
Doris Israel Ijeoma is a graduate of the Nigerian Institute of Journalism, Lagos. She writes Tech, Political, Business and Entertainment Articles. dorisisrael5@gmail.com
0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted

Share post:

Subscribe

Latest News

More like this
Related

Bandits Abduct Primary School Teacher, Demand N50m Ransom in Nasarawa

Gunmen have abducted a primary school teacher, Mrs Amina...

NSCDC Borno Moves to Boost Security Collaboration Against Insurgency

The Nigeria Security and Civil Defence Corps (NSCDC), Borno...

Zulum Calls for Increased Investment in Housing, Livelihoods for Displaced Persons

Borno State Governor, Professor Babagana Umara Zulum, has called...

Binance Loses $6.3bn to Suspected North Korean Hackers, Largest Crypto Theft

Binance has fallen victim to the largest crypto theft...
Join us on
For more updates, columns, opinions, etc.
WhatsApp
0
Would love your thoughts, please comment.x
()
x