The recent 50 per cent tariff increase approved by the Nigerian Communications Commission is expected to generate an additional N1.6tn in tax revenue while driving investment in telecommunications infrastructure.

The Global System for Mobile Communications Association in a statement on Wednesday, described the tariff adjustment—the first in 12 years—as a significant step toward bridging Nigeria’s digital divide.

The policy is projected to expand 4G coverage to 94 per cent of the population and provide mobile internet access to an additional nine million people, including two million in underserved areas.
By enabling mobile operators to invest in expanding and upgrading their networks, the tariff increase will bridge the digital divide and drive innovation across key sectors, including healthcare, education, and agriculture.

Head of Sub-Saharan Africa at GSMA, Angela Wamola, commented on the development: “This decision by the NCC is an important milestone for Nigeria’s digital future. By enabling sustainable investment, we are improving the quality of service for consumers and fostering opportunities for innovation and economic growth.

However, to fully unlock the potential of this reform, it is critical to implement additional measures such as simplifying Right of Way permits, implementing a critical national Infrastructure plan, and reducing the mobile sector’s tax burden.

https://punchng.com/govt-to-generate-n1-6tn-from-telecoms-tariff-hike-gsma/