Business

NCC To Announce New Tariff Plans for Telecom Industry On December 13

Published

2 years ago

November 29, 2024

OCHEFA

340 Views

The Nigerian Communications Commission (NCC) said on Friday that it will announce a new tariff plans for the telecommunications industry on December 13, 2024.

Dr Maida Waida, the Commission’s Executive Vice Chairman, hinted journalists during an interactive session in Abuja.

“On December 13, 2024, a new tariff plan will be announced against the old date of October 27, as announced. We have gotten stakeholders to make inputs.

“At the end of completing the exercise, a limit has been giving to the operators. With this, no operator is expected to have more than seven tariff plans,” said Waida.

He was represented by the Director of Public Affairs, Reuben Muoka.

He added : “We believe that this measure will bring some kind of relief to telecom consumers and will eliminate misconception on the use of data and airtime.

“The commission has been carrying out awareness campaigns on this through adverts and advocacy to a large extent.

” The commission also played down the complaint on data depletion by telecoms customers. Fielding question on data depletion complaints by consumers, the NCC boss said, the commission has carried out a deep dive on this and mandated operators to engage a reputable audit firm and after the exercise, it found out that there is a wrong perception about data depletion.

“What consumers must know is that usage of data is not same on every Android phone. As a consumer-centric regulator, the commission has embarked on public awareness on this for consumers to have a better understanding of their data depletion.

The commission also directed telecommunications companies to update their contact details before January 9th.

This directive aligns with the NCC’s efforts to enhance regulatory processes, improve industry oversight, and strengthen Nigeria’s telecommunications sector.

Related Topics:Featured MTN tariffs Telecommunications Industry tariffs

Up Next

UNDP, AFS Hub Train 200 Women and Youths in Renewable Energy Systems

Don't Miss

Heineken to launch first large-scale brewery in Dubai

Click to comment

Business

Naira Exchange Rates Friday, 3 July 2026

Published

1 day ago

July 3, 2026

OCHEFA

24 Views

BLACK MARKET RATES

US DOLLAR (USD) Buy ₦1, 397 Sell ₦1,405

GREAT BRITISH POUND (GBP) Buy ₦1,850 Sell: ₦1,865

EURO (EUR) Buy ₦1, 580 Sell ₦1,600

CANADIAN DOLLAR (CAD) Buy ₦1,030 Sell ₦1,100

SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90

UAE DIRHAM Buy ₦350 Sell ₦370

CHINESE YUAN Buy ₦180 Sell ₦200

GHANA CEDI (GHS) Buy ₦95 Sell ₦110

WEST AFRICAN CFA Buy ₦2, 380 Sell ₦2, 460

CENTRAL AFRICAN CFA Buy ₦2, 220 Sell 2,300

AUSTRALIAN DOLLAR Buy ₦800 Sell ₦900

CBN OFFICIAL EXCHANGE RATES

US DOLLAR (USD) ₦1,370.15

GREAT BRITISH POUND (GBP) ₦1,832.17

EURO (EUR) ₦1,568.28

SWISS FRANC (CHF) ₦1,1705.44

JAPANESE YEN (JPN) ₦8. 51

CHINESE YUAN (CNY) ₦201. 80

WEST AFRICAN CFA (XOF) ₦2.38

WEST AFRICAN UNIT ACCOUNT (WAUA) ₦1,859. 98

SAUDI RIYAL (SAR) ₦364.91

SOUTH AFRICAN RAND (ZAR) ₦84. 32

Business

Issue: Cloning Nigerian Investment Promotion Commission (NIPC)

Published

2 days ago

July 2, 2026

OCHEFA

48 Views

The Presidency says the bodies allegedly used by Adeyemi—including the so-called Presidential Economic Advisory Council, Presidential Foreign Investment Promotion Council, and Presidential Foreign Intervention Promotion Council—do not exist as government agencies.

The Presidency says a man identified as Prince Adeniyi Adeyemi Matthew allegedly created and operated fake government agencies, forged appointment letters, and falsely claimed to have been appointed by Femi Gbajabiamila.
According to the statement:
The Office of the Chief of Staff discovered the alleged scheme after complaints from the Nigerian Investment Promotion Commission (NIPC) that an unauthorized body was operating in a way that conflicted with its functions.

The Chief of Staff petitioned the Department of State Services and the Nigeria Police Force in October 2025 to investigate alleged forged appointment letters.

The Presidency says the bodies allegedly used by Adeyemi—including the so-called Presidential Economic Advisory Council, Presidential Foreign Investment Promotion Council, and Presidential Foreign Intervention Promotion Council—do not exist as government agencies.

Investigators allege Adeyemi operated from an office in the Federal Secretariat Complex, held meetings with diplomats, and sought diplomatic support to obtain U.S. visas for members of the alleged organization.
Police reportedly recovered forged documents and other exhibits during searches of his office and residence.

The investigation allegedly found that Adeyemi operated 34 bank accounts, including several in the names of fictitious organizations, and used forged documents to open a Central Bank of Nigeria account.

The Presidency says no government funds were paid into that account.
Police charged Adeyemi and two others before the Federal High Court on multiple counts, including forgery, impersonation, and obtaining by false pretence. The case is scheduled for hearing on July 27.

The Presidency also denied claims that Gbajabiamila appointed Adeyemi, stating that appointments to federal offices are issued through the Office of the Secretary to the Government of the Federation, not the Office of the Chief of Staff.

Current status

The Presidency maintains that:
the agencies in question are fictitious,
the appointment letter was forged,
Adeyemi is an impostor,
and the allegations against him should be resolved by the court.

As the case is pending before the court, the allegations remain subject to judicial determination.