Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Kogi: Kidnappers Release Corpse Of Retired Army Major After N10m Ransom

    June 9, 2025

    Actress Jumoke George Receives Duplex, Land, SUV Gifts

    June 9, 2025

    Aliyu Audu: Tinubu’s Media Aide Resigns, Alleges Threat To Turn Nigeria To One-Party State

    June 9, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Kogi: Kidnappers Release Corpse Of Retired Army Major After N10m Ransom
    • Actress Jumoke George Receives Duplex, Land, SUV Gifts
    • Aliyu Audu: Tinubu’s Media Aide Resigns, Alleges Threat To Turn Nigeria To One-Party State
    • I’m Staying At Al Nassr -Cristiano Ronaldo
    • Tinubu to Sanwo-Olu: Your Sins Are Forgiven
    • Ojude Oba 2025 Kicks Off In Ijebu Ode
    • Democracy Day: FG Declares Thursday June 12 Public Holiday
    • Tinubu To Address NASS Joint Session On Democracy Day
    Facebook X (Twitter) Instagram
    TheScrutinyNG
    Subscribe
    Monday, June 9
    • Home
    • Politics
    • Business
    • News
      • World News
    • Sports
    • Interviews
    • Opinion
    • Entertainment
    • Columnists
    • ABOUT US
    TheScrutinyNG
    Home » Airtel CEO Calls For Tariff Adjustment Amid 300% Surge In Costs
    2 Mins ReadJanuary 7, 2025

    Airtel CEO Calls For Tariff Adjustment Amid 300% Surge In Costs

    By Festus AdeloyeJanuary 7, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Airtel Nigeria’s Chief Executive Officer, Dinesh Balsingh, has stated that a 300 percent increase in operational costs over the past 18 to 24 months has made tariff adjustments essential for the telecom sector’s long-term sustainability.

    Highlighting the economic challenges facing the industry, Balsingh explained that tariffs have remained unchanged for over a decade despite significant increases in operating expenses. To address these challenges, Nigerian telecom operators have submitted a proposal to the Nigerian Communications Commission (NCC) for a 100 percent tariff hike.

    “For over a decade, tariffs have remained static despite the dramatic increase in operating expenses, which have surged by over 300 percent in the last 18 to 24 months alone. To continue providing high-quality services and meeting the growing demand for digital connectivity, it has become essential to realign our pricing structure with economic realities,” Balsingh stated.

    He also emphasized the need for substantial investments to maintain and upgrade telecommunications infrastructure, citing the growing demand for digital services in sectors such as education, banking, and healthcare.

    “The increasing demand for digital services requires us to continually upgrade our networks. These investments come at a cost, one that must be shared proportionally to guarantee long-term viability,” he said.

    Balsingh highlighted that the proposed tariff adjustments are designed not only to sustain the sector but also to enhance service delivery for consumers.

    “By enabling us to expand coverage, strengthen network security, and introduce cutting-edge technologies, these adjustments will directly enhance the quality of connectivity for Nigerians. Our priority is to ensure that no one is left behind in the country’s digital transformation journey,” he explained.

    The CEO also reassured consumers that the tariff changes would be implemented with affordability in mind to minimise their financial burden.

    “Our commitment to quality service remains unwavering. While significant tariff adjustments have become necessary, we understand the importance of gradual implementation to support our customers’ financial positions. This step will enable us to invest in capacity, expand coverage, and enhance service delivery, ensuring Nigeria remains competitive in the global digital landscape,” Balsingh concluded.

    He reiterated Airtel’s dedication to supporting Nigeria’s vision of becoming a digital economy leader in Africa, fostering innovation, and driving inclusive growth.

    Author

    • Festus Adeloye
      Festus Adeloye

      View all posts
    Airtel Dinesh Balsingh
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Festus Adeloye

    Related Posts

    Business

    May & Baker Posts N28.9bn Revenue, N1.6bn PAT

    June 6, 2025
    Banking & Finance

    Access ARM Pensions Posts N28.2bn Revenue

    June 2, 2025
    Business

    We Are Working Towards Increasing Ground Rent Charges – Wike

    May 29, 2025
    Banking & Finance

    We Will Ensure Every Stolen Asset Is Recovered – Tinubu

    May 28, 2025
    Breaking News

    Dangote Refinery Reduces Petrol Price By N15

    May 22, 2025
    Banking & Finance

    CBN Retains Interest Rate At 27.50 Percent

    May 20, 2025

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Editor's Picks

    Kogi: Kidnappers Release Corpse Of Retired Army Major After N10m Ransom

    June 9, 2025

    Actress Jumoke George Receives Duplex, Land, SUV Gifts

    June 9, 2025

    Aliyu Audu: Tinubu’s Media Aide Resigns, Alleges Threat To Turn Nigeria To One-Party State

    June 9, 2025

    I’m Staying At Al Nassr -Cristiano Ronaldo

    June 9, 2025
    Latest Posts
    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • US Politics
    • EU Politics
    • Business
    • Opinions
    • Connections
    • Science

    Company

    • Information
    • Advertising
    • Classified Ads
    • Contact Info
    • Do Not Sell Data
    • GDPR Policy
    • Media Kits

    Services

    • Subscriptions
    • Customer Support
    • Bulk Packages
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 The Scrutiny. Designed by Design Streams.

    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.