News
Telecoms Consumers May Pay Less Tariff In 2011
Consumers of telecommunications services in the country may enjoy lower call rates from 2011 going by the tariff war that started among operators in 2010.
The crash in call rates started barely two weeks after Bharti Airtel acquired former Zain and started re-branding the company.
Bharti Airtel, which took over mobile telephone operations in 15 African countries in a deal that has made it the world’s fifth-biggest mobile company with 180 million customers in 18 countries, has never hidden its plan to reduce tariffs in Nigeria.
Its Chairman, Mr Sunil Bharti Mittal, flaunted his company’s low-tariff strategy while unveiling the brand identity in Nigeria, said that it would give other network operators a good fight to have a good share of Nigeria’s telecoms market.
Just days after Mittal threw the gauntlet, Airtel crashed its call rates to as low as N9 per minute from the industry average rates of N35 to N42 per minute.
This price reduction strategy jolted the industry and elicited swift responses from other network operators.
Other operators have now initiated a number of value added propositions and tariff packages to sustain revenue and retain subscribers.
Etisalat had earlier slashed its call rates by 50 per cent from a peak of 50k per second to 25k in its Easylife offer which has a daily access charge of N20.
Mr Steve Evans, Chief Operating Officer of Etisalat Nigeria, said that the company was unperturbed by Airtel’s low- tariff strategy.
Evans said that his network was one of the best in Nigeria and its tariffs were competitive.
MTN Nigeria has also introduced new tariff packages: MTN Funlink, Smartlink, Prolink, Bizlink and Happilink that allow customers to enjoy more air time at highly reduced costs to customers across its market segments.
Mrs Funmi Omogbenigun, General Manager (Corporate Communications) in MTN Nigeria, said the telecommunications industry in Nigeria was one of the most competitive in the world.
She said that the drive to provide value to the customer was an important consideration for players in the industry.
According to Omogbenigun, reducing tariffs by any operator is not something that is new in the telecoms market.
Globacom had similarly inaugurated a package in Port Harcourt that enables telecoms subscribers to pay 25k per second for all calls to any network in the country without any rental or access fee.
Mr Lanre Ajayi, President of Nigerian Internet Group (NIG), said he saw no link between tariff reduction and halting investment, adding that Airtel’s action would stimulate expansion of networks rather than diminish investments in the sector.
“On the other hand, it will call for further investment because when you reduce tariffs, you are asking more people to make more calls and when that happens, traffic increases.
“When traffic increases, it requires expanded network. It’s just logical that when an operator is planning to attract more traffic to its network, it’s planning to expand its network,” Ajayi said.
According to him, price war is part of competition and “when you are going to war, you use all tools at your disposals and price war just happens to be one of the weapons in competition”.
Ajayi said that the ensuing price war in the sector was not unexpected.
News
Independence Anniversary: Nigeria Is A Failed Grandfather – Monarch
A first class traditional ruler in Rivers State, His Royal Majesty, King Aaron Ikuru, has described Nigeria at 65 as a grandfather who cannot provide leadership to other African Countries.
The monarch stated this in an interview at his palace in Ikuru Town, yesterday.
According to him, Nigeria would have been a developed country to set the pace in the whole of Africa, considering its numerous resources.
“Nigeria is a grandfather but not behaving as a grandfather. Our country, Nigeria, before and from the era of Independence was in the state of becoming a great country, but unfortunately is not becoming anything.
“We should be far ahead with what we have in the country. God blessed us, we have almost what it takes in terms of mineral resources, manpower amongst others that can drive speedy development in the country.
“If we’re able to harness all the things we have, even America by now would have respected us”, he said.
While blaming the past leaders of the country, the monarch called on the current leadership of the country to redouble efforts in order to narrow the differences in terms of development, exchange rate between naira and foreign currencies.
King Ikuru, who is also the Chairman of Andoni Area Traditional Rulers Council, however, lauded the efforts of the founding fathers, past leaders of the country for the achievements so far.
He also expressed optimism that Nigeria would be great, calling on the opinion leaders to shun tribalism and political intolerance in the country.
“If Nigeria should experience rapid development in all sectors, it means we must shun tribalism and political intolerance, the interest of our country must be our priority.
“We need to fight corruption vigorously, and leaders must show good example of discipline and integrity”, he said.
The monarch used the opportunity to wish Nigeria happy independence anniversary.
By: Enoch Epelle
News
FG begins payment of N32,000 pension increment to retirees – PTAD
The Pension Transitional Arrangement Directorate has announced the start of implementation of the new pension increments for pensioners under the Defined Benefit Scheme, saying the adjustments will be reflected in the September 2025 payroll cycle.
In a statement signed by Management and posted on its X handle, PTAD said the increase package includes a fixed N32,000 payment alongside percentage increases of 10.66% and 12.95% for eligible categories, which will benefit about 832,000 pensioners under its management.
Recall that PTAD in August announced President Bola Tinubu approved a series of measures, including new welfare benefits for pensioners under DBS.
The approval follows a formal request by PTAD’s Executive Secretary, Tolulope Odunaiya, seeking an emergency budgetary allocation to implement pension reforms and welfare benefits for the scheme’s retirees.
The measures include a N32,000 pension increment, percentage increases for pensioners of defunct and privatised agencies, pension harmonisation for all DBS pensioners, enrolment into the National Health Insurance Scheme, and the settlement of long-standing unfunded pension liabilities.
In a statement yesterday, PTAD said the partial release of N820.188 billion by the Federal Ministry of Finance from the emergency funding has made it possible for pensioners to begin receiving the enhanced payments immediately.
The statement read, “Further to the President’s approval of the emergency budgetary allocation for the payment of the new pension increment rates for Pensioners under the Defined Benefit Pension Scheme (DBS) that was earlier published by the Pension Transitional Arrangement Directorate on Friday, 8th August, 2025, the Directorate is delighted to announce the commencement of the implementation of the 832,000, 10.66% and 12.95% pension increment for eligible pensioners under the management of PTAD, in the September 2025 pension payroll cycle.
“This achievement has been made possible through the partial release of 820.188 billion by the Federal Ministry of Finance, from the initial 845 billion emergency funding approval granted by the Federal Government.
“This milestone clearly reaffirms the Federal Government’s dedication to safeguarding the welfare and entitlements of DBS Pensioners in line with the Renewed Hope Agenda.”
The directorate thanked President Bola Ahmed Tinubu for approving the emergency allocation.
It also acknowledged the role of the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun; the Minister of State for Finance, Dr Doris Uzoka-Anite; the Accountant-General of the Federation and key presidential aides and parliamentary committees for their “timely interventions” and support.
The statement also expressed appreciation to organised pension groups, including the Nigeria Union of Pensioners and the Federal Parastatals and Private Sector Pensioners Association of Nigeria, for their cooperation during negotiations and implementation planning.
“We further assure all our DBS Pensioners and Stakeholders that the Directorate will continue to collaborate with the relevant authorities towards release of the outstanding approved funds and subsequent fulfilment of all future obligations relating to the pension increments and the landmark reforms,” the statement added.
The DBS covers pensioners who retired before the introduction of the Contributory Pension Scheme in 2004, including those from defunct public institutions, privatised agencies, and treasury-funded parastatals.
Over the years, many have faced irregular payments, delayed harmonisation, and inadequate healthcare access, challenges that the new reforms are expected to address.
News
Nigeria At 65: NOA urges citizens to foster unity, progress
The National Orientation Agency (NOA) has urged Nigeria. citizens to remain united, peaceful to enhance development of the nation as it celebrates 65th independence anniversary.
Mr Mkpoutom Mkpoutom, Director of NOA in Akwa Ibom, gave the charge in Uyo yesterday while addressing newsmen and stakeholders to mark the anniversary.
Mkpoutom said it was essential to recognise that the strength of Nigeria lay in its diversity
“With over 250 ethnic groups and an array of languages, the nation embodies a unique blend of heritage.
“This diversity should be seen not as a dividing line but as a unifying force that propels the country toward progress.
“As Akwa Ibom embarks on another year, it is crucial for all citizens to foster a sense of unity and shared purpose.
“Embrace dialogue, understanding and collaborate with the Renewed Hope Agenda of President Bola Tinubu in its efforts to addressing pressing challenges like poverty, security, education, and healthcare, thereby paving way for a brighter future for all.”
The state director, however, appealed to Nigerians from all walks of life to renew their commitment to a more prosperous, peaceful, and equitable nation.
“Let this anniversary serve as a reminder of the collective strength that lies in every citizen,” he said.
He urged everyone to contribute positively to the development of a better society.
Mkpoutom urged the people and all citizens to honour the labours of heroes past, as they celebrated the present, while working diligently toward a future filled with hope and opportunities for generations to come.
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