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    MarketForces Africa » MarketForces News » FG, NLC Signs MoU Over Proposed 50% Telecom Tariff Hike

    FG, NLC Signs MoU Over Proposed 50% Telecom Tariff Hike

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiFebruary 4, 2025 News No Comments2 Mins Read
    FG, NLC Signs MoU Over Proposed 50% Telecom Tariff Hike
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    FG, NLC Signs MoU Over Proposed 50% Telecom Tariff Hike

    The Federal Government (FG) and the Nigeria Labour Congress (NLC) has signed a Memorandum of Understanding (MoU) over the proposed 50 per cent hike in telecommunications tariff.

    This was contained in an MoU reached on Monday at a meeting convened by the federal government and the NLC over the proposed hike in telecom tariff.

    The MoU was signed by Sen. George Akume, Secretary to the Government of the Federation, Muhammadu Dingyadi, Minister of Labour and Employment, Mr Joe Ajaero, President of NLC and Mr Emmanuel Ugboaja, General Secretary of the NLC.

    It would be recalled that the NLC had strongly opposed the proposed hike and had called for a one- day nationwide mass protest on Feb. 4.

    According to the MoU, resolutions were reached for the parties to sit together in a technical group to resolve most of the thorny areas raised during the discussion.

    Parts of the resolution include the setting up of a joint committee with five representatives each from the FG and the NLC.

    The committee is expected to conclude and submit its deliberations within two weeks. The parties urged Nigerians to remain calm while the committee concluded its assignment. #FG, NLC Signs MoU Over Proposed 50% Telecom Tariff Hike#

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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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