LCCI duties telecom operators, regulators on service high quality

The Lagos Chamber of Commerce and Trade has referred to as on telecom operators and regulators to prioritise delivering high quality providers to Nigerians, whilst issues develop over the latest hike in telecom tariffs.

In a press release issued on Monday, the LCCI’s Director-Basic, Dr Chinyere Almona, emphasised the essential position of telecommunications within the nation’s financial system and every day life, stressing that the sector should stay aggressive whereas assembly shopper expectations.

“The latest hike in telecoms tariffs has sparked blended reactions,” Almona stated. “Whereas this improve might present monetary aid for operators burdened by rising power prices, inflation, forex depreciation, and the price of community tools, it dangers putting extra pressure on shoppers, significantly these in lower-income brackets.”

The LCCI famous that regardless of the difficult working atmosphere for telecom suppliers, companies and residents deserve improved providers and stronger regulatory oversight.

Almona pressured the necessity for extra funding in essential digital infrastructure to assist Nigeria’s financial development and obtain the federal government’s ambition of a one-trillion-dollar financial system.

“We’d like strong digital infrastructure to drive the much-needed digital revolution for development and improvement. This infrastructure will foster innovation throughout all sectors of the Nigerian financial system,” she stated.

The LCCI DG additionally advocated automating regulatory processes, reminiscent of product licensing, allow acquiring, and certifications, to reinforce enterprise cost-effectiveness and authorities effectivity.

“Lowering human interfaces in regulatory providers will assist operational value effectivity and bolster automation in authorities providers,” she added.

The LCCI highlighted the resilience of the data and communications expertise sector in the course of the COVID-19 pandemic, urging the federal government to channel extra funding and a spotlight towards Nigeria’s digital and artistic industries.

Based on Almona, the ICT sector has been a driving power behind post-pandemic restoration and must be a central focus in rebasing Nigeria’s Gross Home Product.

The LCCI emphasised that overcoming the challenges within the telecom sector is significant to empowering the digital financial system and unlocking the nation’s innovation potential.

Almona referred to as for steady dialogue amongst key stakeholders to make sure a “win-win situation” for operators, regulators, and shoppers.