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Telcos Set To Increase Tariff Due To Increasing Diesel Price

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Nigeria’s Telecommunications services providers including MTN, Airtel, Globacom, and 9Mobile, under the aegis of the Association of Licensed Telecoms Operators of Nigeria, ALTON, are set to increase their tariff.

This was made known on Thursday by the ALTON Chairman, Gbenga Adebayo.

Adebayo noted that the tariff review by MTN and the other telcos may happen; if the rise in the price of diesel is sustained.

He said the telecoms industry is one of the major consumers of diesel in the country.

The sector, he said, had already been impacted by the current hike in diesel prices and scarcity of the product.

He said, “It is already impacting us and very significantly so. We are one of the industries that have the highest consumption of diesel across the country.

“Our need is not just in the major cities; it is all across the country. Diesel is required in all the places that require services. We are already significantly impacted. And it is not just about the high costs, it is also about availability. Suppliers are beginning to find it difficult to supply the commodity because of scarcity.

“When they find, costs of haulage have gone up. The cost of procurement of the diesel itself has gone up significantly. We are actually in a very bad situation. And how this will play in end-user pricing requires us to follow the right channel. Also, the regulatory procedure for conveying our complaint to the regulator.”

Adebayo said MTN, Airtel, Globacom, and 9Mobile will continue to ensure that there are no service disruptions in the nation. However, he added that there might be a need for a tariff review if the present diesel crisis persists.

He said, “The diesel situation is a problem at this time. We are doing all that we can to ensure the business continues as usual in all cases and other every circumstance. The assurance for the public is that there would not be a time of outage because of the current diesel crisis. What I cannot assure is that at some point there may not be a consideration for some form of tariff review.

“I cannot guarantee that it will not happen sometime in the near future. I cannot guarantee that. But as it stands today, I will reassure the public that there would be continuous service at all times.

“We will continue to solve the problem to the best of our ability. We certainly need to approach the government; for some intervention at some point. We are where we are. All that we are doing at this time is to ensure there are no disruptions to service.”

The price of diesel has tilted towards N850/litre, and is continuing to increase daily. In January, diesel was N350 per litre in Lagos.

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