Airtel Nigeria raises tariffs by 50% amid inflation concerns

Airtel Nigeria has implemented a 50% increase in data and call tariffs, following a similar move by MTN Nigeria. The Nigerian Communications Commission (NCC) approved the tariff hike, stating it would support infrastructure investment and enhance service quality. Under the new pricing, Airtel's monthly data plans have been significantly adjusted, with the entry-level plan now costing N1,500 for 2GB instead of N1,000 for 1.2GB. While operators argue the increases are necessary for development, consumer advocates warn that the hikes could strain household budgets, potentially reducing data usage. Bismarck Rewane of Financial Derivatives Company cautioned that the financial burden on consumers may outweigh the intended benefits of improved services. Labor unions and advocacy groups have already begun to protest the increases, calling for a reversal of the new prices.