The Nigeria Labour Congress (NLC) has issued a stern warning of a nationwide boycott following the announcement of a 50% hike in telecom tariffs. The labor union described the tariff increase as a “burden on Nigerians already struggling with economic hardship” and vowed to mobilize citizens to resist the move.
Joe Ajaero, NLC President, emphasized that the hike would exacerbate the cost of living and make essential communication services unaffordable for the average Nigerian. He called on the federal government to reconsider the decision and prioritize citizens’ welfare over corporate interests.
Meanwhile, Point of Sale (POS) operators, heavily reliant on telecom networks, have expressed their concerns over the tariff increase. Many operators have warned that they may have to adjust their charges upwards, which could further strain the finances of low-income earners who depend on their services for banking transactions.
Finance Minister, Olawale Edun, has defended the tariff hike, citing the need to improve the quality of telecom services in the country. Edun argued that the increased revenue would be used to upgrade infrastructure and expand network coverage. However, he urged telecom companies to ensure that the improved services justify the tariff increase.
Public reaction to the development has been largely negative, with many Nigerians expressing their frustration on social media. Critics argue that the government should focus on creating an enabling environment for businesses rather than imposing additional financial burdens on citizens.
The NLC has given the government a 14-day ultimatum to reverse the decision, failing which they will commence a nationwide protest and service boycott.
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