BNW

 

B N W: Biafra Nigeria World News

 

BNW Headline News

 

BNW: The Authority on Biafra Nigeria

BNW Writer's Block 

BNW Magazine

 BNW News Archive

Home: Biafra Nigeria World

 

BNW Message Board

 WaZoBia

Biafra Net

 Igbo Net

Africa World 

Submit Article to BNW

BNWlette

BNWlette

BNWlette

BNWlette

BNWlette

 

Domain Pavilion: Best Domain Names

champion-newspapers.com article_2

     

...For a better society...

Monday, September 27 2004

Vol 17 No.30

News

Editorial

Opinion

Labour

Politics

Sports

Features

Columnists

Business

  • Money/Market

  • Energy

  • Alaba Market

  • Foreign News


    New Page 2

    Fuel price: GSM tariffs to rise

    KEN NWOGBO

    Telecommunications companies in the country appear set to increase tariffs for services to cushion the effect of the sudden increase in the pump price of petroleum products.

    The announcement would unsettle the telecommunications industry where subscribers are already protesting what they call "unfair tariff regime" where they still pay for the inefficiencies of the operators.

    Today, a Global System for Mobile Communications (GSM) phone call costs an average of N30 per minute while local calls on fixed lines (land lines) average N4.50 per minute.

    These tariffs are likely to inch up as the network operators attempt to pass the burden occasioned by last week’s increase in the pump price of diesel, a major fuel which now goes for between N60 and N100 a litre, where available on the subscribers.

    Top officials of some telecommunications companies, who spoke on condition of anonymity, said they are left with no choice but to increase the tariff to cushion the sudden rise in petroleum products.

    Telecommunications companies depend on independent source of power supply for their operations because of the epileptic nature of public power supply.

    "Look, we have more than 15,000 generators across the country, and the biggest service providers have twice this number and we require diesel to run these generators because public power supply is not dependable. We are in business, so we must find a way to share the cost", an official of a leading GSM network provider said.

    He added that the combined daily diesel requirement of the industry runs into several million litres.

    Nigerian National Petroleum Corporation (NNPC) had last week adjusted the prices of petroleum products by 33 percent sending the pump price of petrol to an all-time high of N53 per litre in Lagos from N43.90 even as many filling stations sell the vital product at almost N60 per litre.

    Kerosine price also rose to between N50 and N60 per litre from one filling station to the other, while diesel price also went up.

    The NNPC announcement came some 48 hours after the landmark ruling by the Federal High Court in Abuja, barring the Nigeria Labour Congress (NLC) from protesting the imposition of the N1.50 fuel tax.

    The proposed telecommunications tariff rebalancing would, however, have to pass through the apex regulatory body of the industry, the Nigerian Communications Commission (NCC) known for its popular stand on affordable telecommunications services.

    Whether the proposed hike gets the NCC nod or not, officials said they would find a subtle way to share the burden of the petroleum products’ prices increase with subscribers.

    � 2004 @ Champion Newspapers Limited (All Right Reserved).
    Powered By dnetsystems.net dnet�




     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    BNWlette

    BNWlette

    BNW News

    BNWlette

    BNWlette

    Voice of Biafra | Biafra World | Biafra Online | Biafra Web | MASSOB | Biafra Forum | BLM | Biafra Consortium

     

     

     

     

     

     

     Axiom PSI Yam Festival Series, Iri Ji Nd'Igbo the Kola-Nut Series,Nigeria Masterweb

    Norimatsu | Nigeria Forum | Biafra | Biafra Nigeria | BLM | Hausa Forum | Biafra Web | Voice of Biafra | Okonko Research and Igbology |
    | Igbo World | BNW | MASSOB | Igbo Net | bentech | IGBO FORUM | HAUSA NET (AWUSANET) | AREWA FORUM | YORUBA NET | YORUBA FORUM | New Nigeriaworld | WIC: World Igbo Congress