The Nigerian Communications Commission (NCC) has revealed that recent tariff reforms in the telecommunications sector have spurred over ₦1 trillion in new investments by operators.
Executive Vice Chairman and Chief Executive Officer of the NCC, Dr. Aminu Maida, made this known while delivering the 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 aimed at making telecom rates more cost-reflective and competitive.
According to him, the strategic intervention was designed to ensure sustainability, enhance service quality, and foster long-term improvements across the industry.
“Collectively, the operators have committed over $1 billion — that is over ₦1 trillion — in new investments aimed at upgrading network infrastructure, modernising equipment, and expanding coverage nationwide,” Maida stated.
He explained that although the tariff review initially met public hesitation, it has begun to yield tangible results by stabilising the market, strengthening competitiveness, and restoring investor confidence in Nigeria’s telecommunications industry.
The NCC boss reaffirmed the Commission’s commitment to protecting consumers while ensuring that telecom operators maintain high-quality service delivery and contribute meaningfully to Nigeria’s digital transformation agenda.
