NewStats: 3,263,727 , 8,181,176 topics. Date: Saturday, 07 June 2025 at 03:13 PM 4j6228

The Association of Mobile Money & Bank Agents in Nigeria has said its may have no option but to increase service charges.

Ogungbayi Ganiyu, the National Public Relations Officer at AMMBAN, disclosed this in an interview on Monday.

His comments followed the Federal Government’s 50 percent telecommunications services tariff hike approval.

Reacting, Ganiyu said AMMBAN ’ businesses are centered around telecom services, especially data, and hence would be most impacted.

He, however, noted that POS operators may want to bear the cost of the increased telecoms tariff.

The National Association of Telecoms Subscribers on Monday vowed to drag the federal government to court over the 50 percent telecoms tariff hike.

The last time telecoms tariffs were increased was in 2013.

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I don't understand how a government can tax its citizens so heavily in a country where the average income is only $48 per month.

Ok na

Brace up for times ahead.

The saviour of modern Nigeria.

Una go see shege

Everyone milking

Season 2, episode 1 of hardship

I sell herbs tho

Chaiiii

Next up cash scarcity

Lol

After they are already charging exorbitant charges.

NGN 200 on #5000

The only achievement tied to his name is the triple multiplication of hardship. Anything that kills the poor and the masses makes him happy...

Kuku kill us

The already impoverished masses will bear the brunt mostly

Betters days ahead

ok

If the world ends today I will smile
Bills done tire me

And one olodo said with Tinubu's policies, things will only get better from now.

Fellow Nigerians, the Great Tinubulation is real, brace for tougher days ahead.

Yet that man called Rewane said it will would help reduce inflation 😅😅😅...The black race is filled with really stupidity specimen of humans and that why they never achieve much legitimately

BigDawsNet:
I don't understand how a government can tax its citizens so heavily in a country where the average income is only $48 per month.

Bro, it's a complicated issue. The taxing thing is hinged on the core determinants such as fuel price which is also hinged on FX rate.

The Telcos are struggling too, and to be honest, they need to breathe.

What I think the govt must do in this case is to ensure that this year, the FX rate is at least stabilized.

If FX rate can be pegged, there will be sustainable planning for everyone, that is businesses and the consumers.

Look, if crude oil price rises tomorrow, which is likely, current pump price in Nigeria will further go up again. . And these things reflect in the profitability of these companies.

If naira to USD can come down a bit (to stable at around N1,400), that's the major way to mitigate against the effect of price volatility of PMS and diesel. . Which hugely determines inflation and business costs.

chisomkachy:


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If not for the fact that Nigeria is a useless country, what's the meaning of "The Association of Mobile Money & Bank Agents in Nigeria"? What are they doing exactly? Bandits, fraudsters and kidnappers transact their biz via POS and the association is just there doing nothing.
I don't blame 'em anyways. Banking sector is failing and POS operators are raising shoulders.
God will help this country.

Very devilish FG.Just keep increasing everything.Nothing good will ever come out of this nonsense APC.A party so full of lies and propaganda.

POS operators are one of the major problems w face in this country. After contributing in the buying and selling of our own currencies, they're looking for every opportunity to increase their charges. You pay 4% to take your own cash in Abuja. Isn't that daylight robbery?

POS machines don't play videos or audio. It just displays digital options that uses a few texts to to send request to certain apis and receive JSON texts in return.

Which stupid data are these stupid operators talking about?

They can buy 1 GiG data and it last them the whole month. Do they think that we're all fools?

This is another nightmare for Nigerians.

The last time tariff was increased was 2013.

Haba.

How many Nigerian businesses can wait for so long before they increase prices of products?

We should be considerate and bear with them. They spend such on diesel and other miscellaneous things.

POS operators should tread sofly o.

We should understand reasonably that the telecos cannot sustain with the current prices and thats why providers like glo and Etisalat are almost not functioning but the government needs to do something,they can increase the prices phases and not 50% at once.

Wale Edun said inflation will come down to 15%. these people are sabotaging tinubus policies.

As usual, tinubu is the best president ever

DuBLINGreenb:
If the world ends today I will smile
Bills done tire me

😂 😂 😂
For this one wey you talk, let me cancel your name. You're going nowhere!
😂

chisomkachy:


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