spot_img
spot_imgspot_img
September 17, 2026 - 4:47 PM

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

UNICEF Urges Sokoto Govt to Fund Enrolment of 3,040 Communities in Social Register

The United Nations Children’s Fund (UNICEF) has urged the...

Dangote Now Richer Than 2 Middle East Billionaires Combined

Africa’s richest people have increased their combined wealth lead...

Anti-democratic Blues in Benue

Everyone but Peter Obi. Yes, Fulani herdsmen are welcome to...

Tech Founder Says People Managers Write Better AI Prompts

Ivan Burazin, cofounder and CEO of AI infrastructure company...
Join us on
For more updates, columns, opinions, etc.
WhatsApp
0
Would love your thoughts, please comment.x
()
x