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Nigeria’s Telecom Sector In Crisis: FG Plans Major Reforms After KPMG’s Alarming Findings
Nigeria’s Telecom Sector In Crisis: FG Plans Major Reforms After KPMG’s Alarming FindingsThe Federal Government is addressing challenges threatening the sustainability of Nigeria’s telecom sector, aiming to ensure reliable connectivity for all citizens.Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, made the announcement following the receipt of an interim sustainability report from KPMG. This report is expected to offer recommendations on the contentious issue of tariff review, which telecom operators argue is necessary for the sector’s long-term viability.....KINDLY READ THE FULL STORY HERE▶
In his remarks, Dr. Tijani emphasized the government’s commitment to balancing sector sustainability with ensuring accessible connectivity for Nigerians. He highlighted that the KPMG study would help the government identify key areas for action to support the industry’s competitiveness and digital infrastructure development.
Telecom operators, facing rising costs from inflation, currency devaluation, and energy price hikes, have been pushing for a tariff increase to ensure the sector’s sustainability. However, the government is also exploring medium-to-long-term solutions to address the broader issues impacting the sector’s growth and stability.
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