Telecoms & IT

NCC Links Tariff Reforms to ₦1tr Telecom Infrastructure Investment

The Nigerian Communications Commission said recent tariff reforms have triggered more than N1tn in new investments by telecom operators, helping to modernise the country’s digital backbone and improve service quality across the industry.

Executive Vice Chairman and Chief Executive Officer of the Commission, Aminu Maida, disclosed this while delivering his keynote address at the 94th edition of the Telecoms Consumer Parliament, held on Tuesday in Lagos.

Speaking on the theme, ‘Addressing Network Quality for Improved Consumer Experience’, Maida said the tariff reform, approved in February 2025 under the Commission’s economic regulatory mandate, was designed to make rates in the telecom sector more cost-reflective and competitive, thereby ensuring sustainability and long-term service improvements.

According to him, the strategic intervention, though initially met with hesitation by the public, has begun to yield tangible results by stabilising the market, strengthening competitiveness, and restoring investor confidence in the country’s telecommunications industry.

“Collectively, the operators have committed over $1bn, that is over N1trn, in new investments aimed at upgrading network infrastructure, modernising equipment, and expanding coverage nationwide,” the executive stated.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top