Telcos Propose 100% Tariff Hike, Await NCC Approval

Nigerian telecommunications companies have proposed a 100% tariff increase, awaiting approval from the government. The proposal, submitted to the Nigerian Communications Commission (NCC), is aimed at addressing rising operational costs, including inflation and increased service delivery expenses. MTN Nigeria’s CEO, Karl Toriola, revealed the plan during an interview on Arise TV on Thursday but stated…

Read More

Labour Criticizes Governors as Subsidy Gains Lead to N1.7tn Rise in Allocations

The handling of federal allocations by state governments has faced criticism from the Nigeria Labour Congress, opposition parties, and economists, following a combined allocation of N5.22tn to the 36 states in 2024. Experts have offered differing opinions on the justification for the allocation of such funds. This scrutiny comes as President Bola Tinubu emphasized the…

Read More