Nigerian telecoms hikes tariff, POS operators to follow

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The Association of Mobile Money & Bank Agents in Nigeria has said its members may have no option but to increase service charges.

Ogungbayi Ganiyu, the National Public Relations Officer at AMMBAN disclosed.

His comments followed the Federal Government’s 50 percent telecommunications services tariff hike approval.


Reacting, Ganiyu said AMMBAN members’ businesses are centered around telecom services, especially data, and hence would be most impacted.

He, however, noted that POS operators may want to bear the cost of the increased telecoms tariff.

“The telecom tariff hike will impact the operations of our members. I am afraid this may also have a multiplier effect on service charges.

“We have not sat down and looked at the latest tariff hike,” he stated.