The Nigerian Communications Commission (NCC) has approved a 50% increase in telecom tariffs, a move expected to create two million jobs and generate ₦1.6 trillion in tax revenue, according to the Global System for Mobile Communications Association (GSMA). The policy is also set to attract over $150 million in new investments, providing a much-needed boost to Nigeria’s economy as the country seeks long-term investor confidence.
According to Angela Wamola, Head of Sub-Saharan Africa at GSMA, this tariff adjustment will improve service quality for consumers and drive economic growth, a crucial step for Nigeria’s digital transformation. “This decision by the NCC marks a significant milestone for Nigeria’s digital future,” Wamola stated. “By enabling sustainable investment, we are enhancing service quality, fostering innovation, and supporting economic expansion.”
While commending the Nigerian government, Wamola emphasized that unlocking the full potential of the reform will require additional measures, such as simplifying Right of Way (RoW) permits, implementing a critical national infrastructure plan and reducing the tax burden on the mobile sector. She noted that these steps will accelerate digital adoption across key industries like agriculture, manufacturing, transportation, trade, and government, contributing an estimated 2% increase in GDP by 2028.
The GSMA highlighted that this policy marks a turning point in Nigeria’s telecommunications sector, significantly increasing 4G network coverage from 90% to 94%. This expansion will provide mobile internet access to an additional 9 million people, including 2 million individuals in rural regions. “This decision enables mobile operators to invest in network expansion and upgrades,” GSMA noted. “It will help bridge the digital divide and drive innovation across sectors such as healthcare, education, and agriculture.”
The tariff adjustment is the first in 12 years and is projected to fuel substantial investment in telecom infrastructure, ensuring broader access to digital services like online learning, telemedicine, e-commerce, and mobile banking.
GSMA Intelligence further indicated that the investment will accelerate the adoption of next-generation technologies, including Artificial Intelligence (AI) and the Internet of Things (IoT). These technologies are crucial for smart healthcare, precision agriculture, and connected transportation, positioning Nigeria as a leader in Africa’s digital economy.
With Nigeria striving to enhance digital inclusion, this policy represents a strategic move to foster long-term economic growth, attract global investments, and support technological advancement.
