NEWS
9mobile Commends NCC For 50% Tariff Adjustment To Boost Telecom Sector
Leading telecommunications service provider, 9mobile, has applauded the Nigerian Communications Commission (NCC) for approving a 50 per cent tariff adjustment aimed at addressing challenges in the telecom sector.
In a statement on Friday, 9mobile’s Chief Executive Officer, Obafemi Banigbe, said the adjustment would enable operators to reinvest in critical infrastructure and expand capacity, projects that have been delayed due to financial constraints.
“The tariff adjustment will enable operators to reinvest in critical infrastructure upgrades and capacity expansion, which has been delayed due to financial constraints,” Banigbe stated.
READ MORE: Kano Police Warn Residents Of Imminent Terror Attack Threats
He explained that the adjustment would allow operators to meet financial obligations and make the capital investments necessary for sustainable growth.
Banigbe warned that the industry risked a decline in service quality without the much-needed financial boost.
“Without this adjustment, the industry risked a decline in service quality due to insufficient funding,” he said.
Banigbe noted that the increase would support 9mobile’s ongoing transformation efforts, which include modernising network infrastructure, expanding coverage, and enhancing digital platforms.
“This decision enables us to replace outdated equipment, expand our network to underserved areas, and enhance the overall customer experience,” he added.
According to him, the tariff adjustment is a strategic measure to address the funding gap caused by rising operational expenses, many of which are denominated in foreign currency.
He also stressed that surging inflation, high energy costs, and a currency devaluation exceeding 300 per cent had significantly strained the industry’s resources.
“The telecoms industry had previously advocated for a substantial tariff review to combat surging operational costs, driven by inflation, skyrocketing energy prices, and a currency devaluation exceeding 300 per cent,” he said.
Although the industry initially requested a 100 per cent tariff increase, Banigbe described the NCC’s approval of a 50 per cent adjustment as a balanced decision.
“The NCC’s approval of a 50 per cent adjustment represents a balanced approach to safeguarding affordability for consumers while addressing industry sustainability concerns,” he noted.
He assured customers that 9mobile remains committed to investing in infrastructure and providing innovative services to empower Nigerians through improved connectivity.
“Our focus remains on empowering Nigerians through connectivity, expanding access, and supporting the nation’s vision of becoming a leading digital economy in Africa,” Banigbe said.
The CEO emphasized that the tariff adjustment would strengthen 9mobile’s reputation as a customer-centric and quality-focused service provider.
“This adjustment strengthens our ability to invest in infrastructure, meet capital commitments, and ensure Nigerians remain connected in an increasingly digital world,” he concluded.
Kenyan President William Ruto on Friday toured the Dangote Petroleum Refinery and Petrochemicals Complex in Lekki, Lagos, where he was hosted by Dangote Group President and Chief Executive Officer, Aliko Dangote.
The visit comes ahead of the planned September 30 groundbreaking of a proposed 700,000-barrel-per-day refinery in Lamu, Kenya, being developed with Dangote.
ALSO READ: Dangote to Support Two Million Women with Refinery IPO Share Ownership
The Dangote Group had earlier confirmed that Dangote would host Ruto during his visit to the Lagos refinery.
The planned Kenyan refinery is expected to expand refining capacity in East Africa and strengthen petroleum supply in the region.
Ruto had earlier said discussions with Dangote and Africa Finance Corporation CEO Samaila Zubairu focused on financing and final preparations for the project.
Dangote is targeting a combined refining capacity of 2.1 million barrels per day through the planned expansion of the Lekki refinery and the proposed Kenyan facility.
The Anambra State Government has released documents showing the payment of ₦363.381 million as the second tranche of salary arrears owed to former staff, pensioners and next-of-kin of workers of the defunct Anambra State Water Corporation (ANSWC) and Anambra State Environmental Protection Agency (ANSEPA).
The development has intensified the ongoing dispute between Governor Charles Soludo’s administration and former Governor Peter Obi over outstanding workers’ entitlements and the financial obligations allegedly inherited by successive administrations in the state.
Presenting the documents as “Part 3: Evidence that lying is in Peter Obi’s DNA,” the Soludo camp accused the former governor of misleading Nigerians over his record on workers’ entitlements.
ALSO READ: I Won’t Seek Governorship Again, Even If Constitution Is Amended -Peter Obi
“Peter Obi knows we know he’s lying,” the statement said, alleging that the arrears were among workers’ entitlements left unpaid during Obi’s eight years as governor.
According to the documents, the ₦363.381 million payment represents the second tranche provided for under an out-of-court settlement reached between the Anambra State Government and representatives of the affected workers on February 6, 2024.
A memo dated May 22, 2025, and signed by the then Head of Service, Dame Theodora Okwy Igwegbe, mni, requested the release of the second tranche, citing Article 7 of the Terms of Settlement.
The memo stated that ₦363.381 million was due for payment in 2025 under the agreement.
A subsequent Ministry of Finance document dated June 24, 2025, confirmed the release of the funds through Capital Expenditure Release Warrant (CERW) No. 67/2025.
The Soludo administration had earlier paid the first tranche under the settlement, with the government saying the payments were aimed at resolving long-standing salary claims involving workers of the two defunct agencies.
Dispute Over When the Arrears Originated
The latest documents have become central to the political disagreement over whether the outstanding entitlements can properly be attributed to Obi’s administration.
The Soludo camp argues that the continued settlement payments demonstrate that unresolved workers’ liabilities remained after Obi left office in 2014.
Obi’s camp, however, has disputed the characterization. His supporters maintain that his administration inherited substantial salary, pension and gratuity arrears from earlier administrations and cleared billions of naira in outstanding obligations during his tenure.
They have also argued that some of the liabilities involving workers of the defunct agencies originated before Obi became governor in 2006.
The settlement documents establish that the Anambra Government entered into an agreement in 2024 to resolve the outstanding claims and that a second payment of ₦363.381 million was subsequently released.
However, the documents themselves do not conclusively establish that all the underlying arrears were incurred during Obi’s tenure.
Ogun State Governor, Dapo Abiodun, has expressed appreciation to President Bola Ahmed Tinubu for his support towards the realisation of the Gateway Deep Seaport and Blue Marine Special Economic Zone in the state.
Abiodun described the deep seaport project as a long-standing vision that had been proposed and documented for nearly 30 years but remained unrealised until the intervention of the Tinubu administration.
ALSO READ: FG Preaches Support for Dangote Industrial City, Deep Seaport in Ogun, Ondo States
The governor, in a statement on Friday, acknowledged Tinubu as the “Facilitator-in-Chief” of the transformational project, crediting the President’s leadership and provision of strategic direction for helping to revive the initiative.
According to Abiodun, the vision of establishing a deep seaport along Ogun State’s coastline had been discussed and captured in official documents for decades, but had remained on the drawing board.
“Today, through the foresight, courage and determined leadership of President Tinubu, that long-standing aspiration is finally being transformed into reality,” the governor said.
Abiodun said the Gateway Deep Seaport and the Blue Marine Special Economic Zone would open a new chapter for Ogun State while strengthening Nigeria’s position in global trade, maritime commerce, industrialisation and economic development.
He added that major national projects require political will and leadership capable of turning long-standing plans into tangible development.
The governor also commended the Federal Government for what he described as its unwavering support and commitment towards making the project a reality.
“Posterity will indeed be kind to you, Mr. President,” Abiodun said.
The Gateway Deep Seaport project is expected to form part of Ogun State’s broader strategy to expand maritime infrastructure, attract investment and strengthen industrial and commercial activities along its coastline.
Warri School Gets Support from NCDMB, Techico
Man City Verdict Puts Trophy-Laden Era Under Fresh Scrutiny As Sanctions Loom
NGX Market Cap Falls to ₦163.65trn As All-Share Index Drops
Dangote Hosts Kenya’s President Ruto At Refinery
‘You Can’t Support APC And Other Parties At The Same Time’- Gov Lawal To Wike
2027 Presidency: Otti Backs Labour Party Candidate, Says He Won’t Oppose Tinubu
Trump’s Family Unveils New Cryptocurrency Platform
Senate Denies Receiving Petitions Against Tinubu’s Ambassadorial Nominees
Dangote Cement Lights Up Benue Host Communities With CSR Initiatives
Reps Recommend 3-year Jail Term For Aviation minister
Tems Sets New Record On Billboard Hot 100 Chart
I got what you intend, regards for putting up.Woh I am glad to find this website through google. “I would rather be a coward than brave because people hurt you when you are brave.” by E. M. Forster.
I believe this web site contains very fantastic indited written content content.
I loved as much as you will obtain performed right here. The cartoon is attractive, your authored material stylish. nevertheless, you command get got an shakiness over that you would like be delivering the following. sick without a doubt come further in the past again as exactly the same nearly very frequently within case you defend this increase.
Would you be fascinated about exchanging links?
You got a very great website, Gladiola I detected it through yahoo.
I truly appreciate this post. I have been looking all over for this! Thank goodness I found it on Bing. You’ve made my day! Thank you again
An impressive share, I just given this onto a colleague who was doing a little analysis on this. And he in fact bought me breakfast because I found it for him.. smile. So let me reword that: Thnx for the treat! But yeah Thnkx for spending the time to discuss this, I feel strongly about it and love reading more on this topic. If possible, as you become expertise, would you mind updating your blog with more details? It is highly helpful for me. Big thumb up for this blog post!
I simply had to thank you very much yet again. I’m not certain the things that I might have used in the absence of the techniques revealed by you relating to my industry. This has been the daunting matter in my position, but understanding the very skilled strategy you resolved that forced me to leap with gladness. I am just happy for the assistance and even trust you really know what a powerful job you are doing training other individuals using your site. More than likely you’ve never encountered all of us.
You actually make it seem really easy together with your presentation but I find this matter to be actually one thing that I believe I might by no means understand. It kind of feels too complicated and extremely extensive for me. I’m looking ahead to your next submit, I?¦ll attempt to get the hang of it!
Attractive section of content. I just stumbled upon your web site and in accession capital to assert that I acquire actually enjoyed account your blog posts. Any way I’ll be subscribing in your augment and even I success you access persistently fast.
Good info. Lucky me I reach on your website by accident, I bookmarked it.
Aw, this was a really nice post. In concept I would like to put in writing like this additionally – taking time and precise effort to make a very good article… but what can I say… I procrastinate alot and not at all appear to get something done.
Its like you learn my mind! You appear to understand a lot about this, like you wrote the ebook in it or something. I feel that you can do with a few percent to power the message home a little bit, however other than that, that is fantastic blog. A great read. I will certainly be back.
I would like to express some appreciation to the writer just for rescuing me from this particular challenge. After looking out throughout the online world and meeting ways that were not beneficial, I believed my entire life was gone. Existing minus the solutions to the problems you have sorted out all through this write-up is a crucial case, as well as the kind that might have badly affected my entire career if I had not encountered your blog. Your own mastery and kindness in controlling a lot of things was crucial. I am not sure what I would’ve done if I hadn’t discovered such a subject like this. I can also at this point look forward to my future. Thanks a lot so much for the high quality and results-oriented guide. I will not hesitate to refer the website to any individual who would need care about this subject.
Really fantastic visual appeal on this site, I’d value it 10 10.
Keep working ,splendid job!
This is a topic close to my heart cheers, where are your contact details though?