The Nigerian Communications Commission has taken note of the expectation that people are feeling because MNOs are asking for a higher rate. They have been reviewing what has been going on in the media and are looking out for more information on it.
A letter written by MNOs argues that they need to increase their prices because they are facing high expenses.
The NCC ensures regulatory activities are guided by cost-based studies to determine the appropriate cost (upper and floor price) for both consumers and service providers.
The Nigerian Commission ensures that an outcome of a study is competitive enough to promote healthy competition, provide more choices for subscribers, and ensure sustainability. The Director believes that an outcome of research will determine a fair cost.
The Commission will ensure that the telecoms firms don’t increase prices without the Commission’s permission.
The Commission is in charge of preventing unfair practices in Nigeria, and makes determinations on tariffs. The Nigerian Communications Act (NCA) 2003 confers this power onto the Commission to prevent unfair practices, including tariffs.
Prior to this tariff regime, voice and SMS rates were determined by the NCC.
MNOs can’t raise tariffs unless they have a new agreement with the NCC to do so.
The MCRTE has made telecom services more accessible and affordable, by democratising the costs. Customers can now enjoy features they always wanted, while paying less.