Some telecommunications operators in Nigeria have begun implementing load shedding in certain areas to reduce operating costs amid the worsening economic crisis.
Reports indicate that this strategy, aimed at lowering operational expenses, is being executed in a way that prioritizes high-revenue regions.
Analysts suggest that this explains the disparities in service quality, with network performance being strong in some areas and poor in others.
This development coincides with an ongoing debate over the need to increase telecom tariffs to offset the impact of the Naira’s devaluation and soaring inflation.
In response to the growing calls for higher tariffs, the Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, recently urged operators to explore innovative solutions to combat inflationary pressures and rising costs.
African investors accounted for 22.76% of Nigeria’s foreign capital inflows in Q3 2024.
The National Bureau of Statistics (NBS) has reported that African investors, excluding those from Nigeria, contributed 22.76% of the total...
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