• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business

Telecom workers hopeful as 50% tariff hike signals possible salary increase

Quadri Olaitan by Quadri Olaitan
February 5, 2025
in Business
0 0
0
telecom tariff increase Nigeria

Nigerian telecom workers anticipate salary hikes as a 50% tariff increase aims to boost industry revenue after years of stagnant wages

 

[dropcap]N[/dropcap]igerian telecom workers are optimistic that the recent 50% increase in telecommunications tariffs will lead to long-awaited salary increments.

Also read: Telecom operators call for urgent tariff review to sustain industry

The Private Telecommunications and Communications Senior Staff Association of Nigeria (PTECSSAN) has expressed hope that the new tariff structure will generate sufficient revenue for telecom operators to address years of stagnant wages.

The Secretary-General of PTECSSAN, Abdullahi Okonu, highlighted that telecom firms had struggled with rising operational costs while maintaining static tariffs.

He noted that the newly approved tariff, sanctioned by the Nigerian Communications Commission (NCC) on 20 January, would provide financial relief for the industry, allowing operators to implement salary adjustments.

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

Okonu emphasised that previous regulatory restrictions had forced telecom firms to absorb losses despite inflation, naira devaluation, and increasing expenses.

He stated that the prolonged delay in tariff adjustments had led to $11.3 billion in industry losses, reduced investment in infrastructure, and declining service quality.

The tariff hike announcement sparked widespread controversy, with consumer groups and labour unions voicing concerns over its potential financial burden on subscribers.

The Nigeria Labour Congress (NLC) initially called for a nationwide protest set for Tuesday, 4 February 2025. However, following a high-level meeting with federal government representatives, the NLC suspended the planned demonstration.

Both parties agreed to engage in negotiations over the next two weeks to address concerns surrounding the tariff hike.

Okonu commended the NLC for choosing dialogue, stating that while higher tariffs may be challenging for consumers, they are necessary for sustaining the telecom sector and improving employee welfare.

Despite being a competitive industry, telecom operators remain under regulatory control, requiring NCC approval for any tariff changes.

This restriction has historically hindered their ability to respond to economic shifts. However, the new price adjustment marks a significant step toward ensuring financial stability within the sector.

Also read: NCC to roll out new tariff plans for telecom operators on December 13

The association remains hopeful that the tariff hike will not only prevent further financial losses but also enable employers to offer salary increases, aligning telecom workers’ earnings with inflation and minimum wage adjustments in other sectors.

Quadri Olaitan
Quadri Olaitan

Quadri Olaitan is a journalist and contributor to Freelanews.com, covering news, public affairs, and human-interest stories.

Related Posts

quotes 29
Business

‘Fictitious disappearance of funds’ Reps query Fidelity Bank, FIRS over alleged fraud

by Freelanews
June 29, 2021
Rand Merchant Bank
Business

Rand Merchant Bank advises landmark Axxela sale successfully

by Peculiar Adirika
January 19, 2026
STANBIC IBTC BANK PS
Business

‘Leaders of tomorrow’ Stanbic IBTC fosters leadership qualities in young people

by Rtn. Victor Ojelabi
March 29, 2022
L-R: Head, PoS Services and Web Payments, United Bank for Arica(UBA), Gbolabo Cole; Group Head, Marketing and Corporate Communications, (UBA), Alero Ladipo ; Group Head, Retail and Digital Banking, Shamsideen Fashola and Head, Digital Banking, United Bank for Africa (UBA), Olukayode Olubiyi during the unveiling of UBA’s improved Point of Sale (PoS) Terminal and the UBA MONI App at the banks corporate head office, in Marina, yesterday
Business

UBA unveils upgraded PoS terminal and MONI app to empower SMEs across Africa

by Freelanews
April 15, 2025
vsf
Sustainability

COVID-19: NGO donates N120m palliative, PPE to Ekiti

by Freelanews
June 1, 2020

Leave a ReplyCancel reply

UBA bank ad UBA bank ad UBA bank ad

Recent News

Spain

Spain edge Belgium 2-1 to reach World Cup semi-finals

July 10, 2026
Onanuga

Breaking: Onanuga confirms rescue of Oyo kidnapped pupils, teachers

July 10, 2026
NAFDAC

NAFDAC warns against two banned alcoholic energy drinks seized in Ghana

July 10, 2026
NDLEA

NDLEA arraigns 10 over N480bn meth lab operation

July 10, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Spain

Spain edge Belgium 2-1 to reach World Cup semi-finals

July 10, 2026
Onanuga

Breaking: Onanuga confirms rescue of Oyo kidnapped pupils, teachers

July 10, 2026
NAFDAC

NAFDAC warns against two banned alcoholic energy drinks seized in Ghana

July 10, 2026
NDLEA

NDLEA arraigns 10 over N480bn meth lab operation

July 10, 2026
ADVERTISEMENT
July 2026
SMTWTFS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Jun    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Court

    Court upholds dismissal of Mo Abudu’s libel suit, reinforces defamation proof rules

    0 shares
    Share 0 Tweet 0
  • Rtn. Ubanozie reveals new introduction to RYLA

    0 shares
    Share 0 Tweet 0
  • DG Abidoye hails Ikoyi Metro’s $36,000 polio donation

    0 shares
    Share 0 Tweet 0
  • Peter Obi says Tinubu has done his best, backs Adeboye’s view

    0 shares
    Share 0 Tweet 0

Just Published!

Spain

Spain edge Belgium 2-1 to reach World Cup semi-finals

July 10, 2026
Onanuga

Breaking: Onanuga confirms rescue of Oyo kidnapped pupils, teachers

July 10, 2026
NAFDAC

NAFDAC warns against two banned alcoholic energy drinks seized in Ghana

July 10, 2026
NDLEA

NDLEA arraigns 10 over N480bn meth lab operation

July 10, 2026
Tinubu

APC confirms Shettima as Tinubu’s 2027 running mate

July 10, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Editorial Charter
  • Corrections Policy
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.