Business
Mixed Feelings Trail Telecom Tariff Hike …As Bayelsa Consumers Lament
Telecommunication consumers in Bayelsa State have continued to express mixed feelings over the recent fifty per cent tariff hike in telecom services by telecom firms in the nation.
The Tide learnt this through separate interviews conducted by newsmen in Yenagoa, the State capital and environs.
Consumers in their numbers expressed frustration over the development, which, according to them, has further worsened the economic struggles they face.
They urged the government and telecommunication operators to review the prices downwards to ease their financial burden.
Fielding questions from Journalists, some consumers, who spoke on condition of anonymity, said the record high cost of living and unprecedented inflation many Nigerians are witnessing, while also grappling with unbearable financial and economic burdens, has been worsened by the hike in telecom tariff hike.
According to a cross-section of respondents, soaring prices of petrol, gas, basic food stuff, and now the 50 per cent tariff in telecommunication services, particularly mobile data, has added to the misery faced by consumers.
According to Ms. Emilia, a Business woman and mother of four, the big jump in the price of mobile data by the major network service providers has worsened her economic woes.
She said having been unable to rent a shop, she opted to take her business online.
The newsmen, who also spoke with Chief Aherhoke Okioma, a Journalist with The Daily Times, who depends on mobile data to file his report and keep abreast of happenings in a modern society, expressed regret, saying the increase in prices by the telecom companies is “choking economically”.
The Tide further reports that respondents say the hike in data is “putting a big hole” in their pockets as money meant for other purposes is now spent to purchase more airtime.
It would be recalled that the House of Representatives, following a motion of urgent public importance raised by the member representing Yenagoa/Kolokuma/Opokuma Federal Constituency of Bayelsa State, Hon. Oboku Oforji, had directed the telecom regulator and the Minister of Communications, Innovation, and Digital Economy to suspend the tariff increase, arguing that Nigerians cannot afford higher telecom costs amid rising inflation and the removal of fuel subsidies.
While the National Association of Telecoms Subscribers has rejected the increase, describing it as insensitive and a more burden on consumers who are already grappling with economic challenges and poor network and service delivery, Industry stakeholders, particularly the Association of Licensed Telecommunications Operators of Nigeria, have defended the tariff increase, arguing that it is vital for the long-term sustainability of the sector.
In response to customer complaints, an official of a telecom service provider, who would not want his name mentioned, told The Tide that the tariff increases which was necessitated by rising operational costs was necessary to serve subscribers better.
The Tide also learnt that Nigeria currently has over 160 million mobile telecommunication line subscribers, making telecom services no longer a luxury, but a necessity.
“From job seekers using data to browse opportunities to small business operators relying on it to connect with customers and market products, the tariff hike is cutting deep into their pockets and suffocating their finances”, a group of subscribers said.
Ariwera Ibibo-Howells, Yenagoa
Business
TTP Trains Customs Agents, Freight Forwarders On Eto App
In a concerted effort to tackle racketeering and reduce inflated transportation costs in the Nigeria’s seaports, Trucks Transit Parks Ltd. (TTP) has trained Licensed Customs Agents and Freight Forwarders on the use of its Ètò electronic call-up system.
The training was held recently at Customs Processing Centre (CPC) Auditorium, Apapa, Lagos, in collaboration with the Nigeria Customs Service (NCS) and supported by the leadership of the Joint Association of Licensed Customs Agents and Freight Forwarders (JALCAFF), Apapa Command.
Speaking at the event, Comptroller Babatunde Olomu expressed appreciation to TTP for facilitating the training and emphasized the need for customs agents to take personal ownership of the Ètò booking process.
“I want to thank TTP for this impactful training. I encourage all customs agents to begin doing their own bookings directly. By doing so, they can take back power from the unscrupulous elements exploiting their lack of knowledge, selling tickets at highly inflated prices,” Olomu declared.
He noted that empowering agents with hands-on training was key to dismantling racketeering networks that have plagued access to the ports and frustrated efficient logistics processes.
Also speaking, the Chairman, Apapa Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA), Chief Emeka Chukwumalu, said the engagement was critical to the ongoing push to reduce cargo transportation costs and ease business operations at the Apapa Port.
According to a freight forwarder, “The training is basically for us to have awareness of the operations of the Ètò call-up system through TTP. We also want to brainstorm on ways to reduce the high cost of cargo transportation in Apapa Port.
“This training opened our eyes to how simple it is to book tickets ourselves. We now know the right steps to follow and how to avoid falling victim to fraudsters.”
Earlier, Head of Operations at TTP, Mr. Irabor Akonoman, talked on common misconceptions about ticket pricing, reaffirming that the cost of Ètò bookings had remained consistent since its inception.
“The official price remains the same since inception. What people are paying higher amounts for is the manipulation by racketeers”.
Business
NECA Holds MSME Fair To Drive Growth
Towards strengthening small businesses and promoting a more supportive regulatory environment, the Nigeria Employers’ Consultative Association (NECA) says it will hold the 2025 edition of its flagship MSMEs Fair on Tuesday (May 6, 2025).
The event, themed, “Galvanising MSMEs for Economic Growth and Stability”, will take place at NECA House in Lagos.
According to NECA’s Director-General, Mr Adewale Smatt Oyerinde, the fair seeks to provide micro, small, and medium enterprises with essential tools, resources, and strategic networks to thrive in Nigeria’s challenging business climate.
He emphasised the vital role MSMEs play in national development, describing them as the “lifeblood of Nigeria’s economy.”
Oyerinde noted that the fair is designed to offer entrepreneurs practical solutions to navigate economic uncertainties, regulatory hurdles, and business scalability issues.
A major attraction of this year’s event is the keynote address by the CEO of FATE Foundation, Mrs. Adenike Adeyemi, a prominent advocate for MSME development.
She is expected to share transformative insights on innovative strategies for sustaining and growing small businesses in Nigeria.
A unique feature of the fair will be interactive sessions with key regulatory bodies. Entrepreneurs will engage directly with agencies responsible for licensing, compliance, taxation, and business registration.
NECA said these sessions aim to demystify bureaucratic processes and foster a more enabling business environment.
It also said the fair will provide a platform for entrepreneurs to exhibit their products and services, connect with potential investors, and explore new markets.
It added that participants would gain critical knowledge on digital transformation, access to finance, and strategies for sustainable business growth.
·
· NECA stressed that the fair aligns with its broader mission of promoting enterprise development and economic resilience.
·
· “By empowering MSMEs with the right support and information, the organisation aims to stimulate job creation, innovation, and long-term economic stability”, NECA said.
·
· The 2025 MSMEs Fair is expected to attract a wide range of stakeholders, including financiers, tech experts, regulators, and industry leaders, all united in advancing the growth of Nigeria’s MSME sector.
Business
Over 2m Passengers Board Blue Rail Train – Commissioner
The Lagos State Commissioner for Transport, Mr Oluwaseun Osiyemi, says over two million passengers have been transported on the Blue Line Rail since its launch, while state-run buses move an average of 42,000 commuters daily.
Osiyemi, who disclosed this during the Year 2025 Ministerial press briefing held at the Bagauda Kaltho Press Centre, Alausa, on Tuesday, noted that the Lagos State Transport Policy, launched in May 2024, was now in its implementation phase, focusing on inclusivity, safety, affordability, and sustainability.
“On rail development, Phase One of the Blue Line (Marina to Mile 2) has served over two million passengers, with Phase Two (Mile 2 to Okokomaiko) in progress.
“Phase One of the Red Line (Agbado to Oyingbo) is now operational with eight stations and additional rolling stocks procured, while Phase two (Oyingbo to link Blue Line at National Theatre) is underway”, he said.
The Commissioner said in the state-owned bus operations, over 60 million commuters have been served since 2019, with daily ridership exceeding 40,000.
He also said plans were on to deploy new buses with Quality Bus Corridors under construction, adding that the Abule=Egba Bus Terminal had also been commissioned.
“For water transport, 15 locally-built Omibus Ferries have been launched and are in operation, with the Ijegun Egba Terminal now open.
“The OMI EKO project, in partnership with the French Development Agency (AFD), will deliver 25 terminals and 78 electric ferries.
“Over 280,000 passengers have used ferry services in the past year, and 12 boats have been upgraded to meet safety standards”, he said.
On road infrastructure and traffic management, the Commissioner said 49 junction improvement projects had been completed, including ongoing ones at Ikorodu, Iju, as well as Allen-Opebi-Toyin axis.
He added that solar-powered Traffic Signal Lights, road markings covering 67.9km, new medians, laybys, and 3,941 parking lots had also been provided.
Additionally, Osiyemi announced that the deployed Automatic Number Plate Recognition cameras had detected over 470,000 traffic violations and that the Vehicle Inspection Service issued over one million roadworthiness certificates.
He also said that the Lagos State Drivers’ Institute trained more than 32,000 drivers in the past 13 months.
The event marked the second anniversary of Governor Babajide Sanwo-Olu’s second term, showcasing major strides in the transport sector under the THEMES+ agenda.
Nkpemenyie Mcdominic, Lagos
-
Politics12 hours ago
Enugu LP Loses Pub Sec To PDP
-
Niger Delta12 hours ago
Diri Recommits To Support For Security Agencies …Cautions AIG, Sacks Youth Exco
-
Nation11 hours ago
Ogun, Nike Art Gallery Set To Transform Olumo Rock
-
Social/Kiddies12 hours ago
Need For Girl-Child Education In Society
-
Politics12 hours ago
Gunmen Disrupt Political Rally In Bayelsa ….As Turnah, Others Emerge New Associates’Leaders
-
Rivers12 hours ago
Security Agencies Engage Rivers Communities On Pipeline Protection
-
Nation11 hours ago
Nasarawa Varsity Student Commits Suicide
-
Business12 hours ago
Smuggled Rice Tops Seized Items List In 2025