Nigerian telcos agree to upgrade networks with tariff hike proceeds.

Nigerian mobile operators have agreed to use the proceeds from a planned 100% tariff hike to upgrade their network infrastructure and improve service quality. The revenue will be allocated towards upgrading their networks, as part of a major overhaul.

In a significant development, Nigerian mobile operators have reached an agreement with the Nigeria Communications Commission (NCC) to allocate revenue from a proposed 100 per cent tariff increase towards major network infrastructure upgrades and enhancements to service quality. The move aims to improve the overall experience for customers while also addressing the country's rapidly evolving telecommunications landscape. As part of this plan, mobile operators will utilize the increased tariffs to upgrade their networks, expand coverage areas, and enhance data services. This collaborative effort is a key step towards modernizing Nigeria's telecommunications sector and enhancing its competitiveness in the region.