We might increase tariffs — Telcos union laments insecurity and excessive energy costs

Telecommunication providers under the aegis of the Association of Licensed Telecommunications Operators of Nigeria have lamented over the rising value of diesel and insecurity which they mentioned have impacted negatively on their operational prices.

President of ALTON, Mr Gbenga Adebayo who spoke at a press conference mentioned network planning, operational expense, and projection plans for telcos are primarily based on diesel costs.

Adebayo noted that there’s need for presidency to save lots of the sector, as operators may need no different alternative but to start a strategy of value assessment. He added that telcos are fighting the provision of diesel and the logistics of delivering it to sites.

He mentioned;

“Diesel is now very costly, from N250 to over N700. All community planning, operational bills, and deliberate projection for the yr is predicated on the actual fact diesel costs. This has elevated. Right this moment, you realize the implication of that. That is one drawback; value has gone up.

“We can be approaching the federal government for some type of intervention. However we’re aware of the excessive value of residing, and the implication of this on the financial system and residents. And so, we aren’t going to speak about direct worth will increase.

“However we can be approaching the federal government for some form of intervention to cushion the impact of those adjustments on us as an trade.”

Adebayo concluded by saying that if network suppliers are unable to get any type of intervention from the federal government, they would approach the regulator to push for sensible pricing, which might replicate the dynamics and actuality of the enterprise climate.