Telecom Costs Set to Rise: Nigerians to Pay 30-60% More for Calls and Data – Minister Bosun Tijani

The Minister of Communications and Digital Economy, Bosun Tijani, has revealed that Nigerians should expect a 30-60 percent increase in charges for calls, data, and other telecom services.

Speaking during an interview with Channels Television, Tijani explained that the adjustment is necessary to sustain investments in the sector and drive economic growth.

“The telecommunications sector thrives on infrastructure investment,” he said, adding that constant upgrades are essential to stay competitive amid rising inflation. “Technologies like 3G will soon be phased out, requiring consistent investment in newer equipment and systems.”

Tijani highlighted the sector’s significant contribution to foreign direct investment, noting that telecom companies brought in nearly $199 million in the first quarter of 2024 alone, surpassing the total inflow for 2023.

He stressed that Nigeria’s ambition to achieve a $1 trillion economy depends on robust capital injection in telecommunications, warning that stagnation in investments could hamper progress.

The announcement follows his earlier confirmation that tariff hikes are inevitable but assured Nigerians the increase would not double current rates.