Minister of Finance and the Coordinating Minister of the Economy, Wale Edun, has said that the tariff in the telecommunications sector will be reviewed periodically.
Edun spoke to newsmen on thursday at the ongoing 2025 World Economic Forum, WEF, in Davos, Switzerland.
He says that the tariff adjustment is essential for sustaining the sector amid rising operational costs and inflation,saying that the periodical review will ensure the tariff remains balanced and fair for both consumers and operators.
Recall that Nigerian Communications Commission, NCC, had on Monday, granted approval to telcos to implement a 50 percent tariff hike.