General News
Nigerians to Pay More on Calls, Data In 2023
The 160 million mobile phone users in the country, are expected to pay more on calls and data in 2023 as the federal government infused 5 per cent excise duty on telecoms services in the 2022 Finance Bill before the National Assembly.
The federal government had mooted such idea, earlier in the year, but suspended it after much outcry only to now resurface in the 2022 Finance Bill currently before the National Assembly(NASS) for passage into an Act.
The bill, when it becomes law, is expected to be a working tool for the economy in 2023.
Investigation revealed that inclusion of this tax is a continuation of the federal government aggressive move to generate more revenue through tax to finance 2023 national budget.
This development, however, did not go down well with Telecoms operators who said, they will pass on the new tax down to consumers, even as the National Association of Telecoms Subscribers (NATCOMS) has threatened to take federal government to court next week, if it fails to step down the proposed 5 per cent telecoms services tax in the 2022 Finance Bill.
A document titled ‘Invitation to a One Day Public Hearing and Submission of Memoranda on the 2022 Finance Bill,’ released by the House of Representatives Committee on Finance, revealed that, telecommunication services provided in Nigeria shall be charged with duties of excise at the rates specified under the duty column in the Schedule as the President may by Order prescribe pursuant to Section 13 of this Act.
The document stated that, the reason for the excise duty was to increase revenue generation/tax administration.
Although, the said document did not specify the rate at which the excise duty would be charged, investigation revealed that the duty is 5 per cent.
If passed into law, the telecommunication operators, under the aegis of the Association of Licenced Telecoms Operators of Nigeria (ALTON), reiterated that the cost will be passed on to Nigerians, as operators cannot bear the cost alone.
The head, operations at Association of Licensed Telecommunications Operators of Nigeria (ALTON), Gbolahan Awonuga said,, it is sad to know that despite the plea from different stakeholders in the ICT sector, the federal government still insisted on imposing excise duty on telecoms services after it was suspended.
This will definitely compel operators to adjust the rates of calls and data upward, as they cannot bear the cost alone, Awonuga added.
He revealed that, since 2003, operators didn’t review the tariff, not because it has been all great, (like other sectors, telecommunication industry was financially impacted following Nigeria’s economic recession in 2020), but because, they didn’t want to add unnecessary financial burden on Nigerians.
The head of operations, ALTON further explained that most telecoms operators don’t rely on the national grid to power their towers, adding that, the cost of diesel required to power operators’ Towers, Base Stations and offices rose by a staggering 233 per cent from N225 per litre in January 2022 to over N750 per litre in December 2022.
“Additionally, the introduction of new lines of fiscal obligations via the Excise Duty of 5 per cent on telecommunications services further exacerbates the burden of multiple taxes and levies in the sector,” he added.
These and many other reasons, justify why telecoms operators will increase voice and SMS tariff, if the federal government insists on the five per cent excise duty on telecoms services, Awonuga averred.
Recalling that the Nigerian Communications Commission (NCC) has, in October 2022, asked all telecommunications services providers to reverse the upward tariff adjustments for some voice and data services, Awonuga said, it will be a joke, if the Commission restricts operators from increasing call tariff, once the five per cent excise duty is passed into law. “It means NCC wants to destroy the industry,” he stated.
He, however, called on Nigerians to kick against the five per cent excise duty, as they will be mostly affected. “Operators cannot absorb all the cost, as they will have to pass some of it on the consumers, to remain in business,” he stated.
Meanwhile, the national president, National Association of Telecoms Subscribers (NATCOMS), Chief Adeolu Ogunbanjo said, the association will be left with no other option than to take the federal government to court if it decided to implement the five per cent excise duty on telecoms services.
Ogunbanjo said, there are 39 other taxes that the Telecoms sector is paying to the federal government, states government and local government, but the majority of the tax go to the pocket of the federal government.
Adding more tax to the sector is so insensitive on the part of the federal government, NATCOMS’ president said, adding that, telecoms subscribers would resist the new tax regime, because of its grievous implications on subscribers and the telecoms sector.
He stated that the minister of Communications and Digital Economy, Prof. Isa Ali Pantami kicked against the five per cent excise duty, other agencies like the Association of Licensed Telecommunications Operators of Nigeria (ALTON), the Association of Telecommunications Companies of Nigeria (ATCON) and NATCOMS also condemned the five per cent excise duty on telecommunications services.
It is sad that the ministry of finance did not listen to our plea and cry, Ogunbanjo said, adding that, “We are left with no other option than to go to court. By first week of January, 2023, we are going to court.”
He however appealed to the father figure of president Muhammadu Buhari and the mother figure of the minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, to reconsider their decision.
Cellulant, a leading Pan-African payments company enabling seamless digital transactions across Africa, has appointed Mr. Freddie Oduro as its new Country Manager for Ghana.
Mr. Freddie Oduro, New Country Manager for Ghana.
Freddie’s appointment is a key step in Cellulant’s broader strategy to deepen its presence in priority markets by accelerating the acquisition of in-country enterprise businesses and strengthening its position as the payments partner of choice in Africa.
Freddie brings over a decade of commercial and strategic leadership experience in the telecommunications and financial services sectors, with expertise in sales, business operations, and market expansion.
In his new role, he will drive merchant acquisition, strengthening partnerships, oversee collections and payout operations, while ensuring strong internal controls and regulatory compliance.
He joins Cellulant from Payaza and previously served as Sales Director at Cellulant, where he helped significantly expand the company’s footprint in Ghana.
Cellulant has been powering payments in Ghana for leading brands in sectors like e-commerce, utilities, oil and gas and retail, helping them offer their customers a wide range of secure digital payment options.
“We are happy to welcome Freddie back to the Cellulant family,” says Richard Gesimba, Chief Revenue Officer at Cellulant. “Ghana remains a critical market for us, with immense potential driven by rising digital payments adoption.
“As we sharpen our focus on in-country enterprise customers, Freddie’s leadership and industry insight make him the ideal person to steer our Ghana operations.”
The appointment comes at a transformative time for the company. Following a strategic shift between late 2023 and early 2024, focused on streamlining operations, doubling down on enterprise payments, and strengthening customer intimacy, Cellulant achieved profitability in 2024 and continues to build on this momentum.
The company now processes close to 4.5 million transactions daily for businesses across Africa, reinforcing its position as a fintech leader.
“I am honoured to return to Cellulant and lead the Ghana team at such a defining moment,” says Freddie, Country Manager for Cellulant Ghana. “Ghana presents a tremendous opportunity.
“We will ramp up our efforts to sign on more local merchants, strengthen our compliance and control frameworks, and introduce innovative solutions like Tingg Edupay, our automated school fee management solution that eliminates reconciliation delays by validating payments in real time and instantly updating student accounts.
“We will build on Cellulant’s strong foundation to deliver real value, reliability, and economic impact.”
Ghana’s digital payments sector continues to grow steadily, supported by increased mobile money usage and a progressive regulatory environment. Between January and October 2025, the value of mobile money transactions hit about GH¢ 3.6 trillion, up sharply from GH¢ 2.37 trillion in the same period of 2024.
Registered mobile money accounts now exceed 79 million, demonstrating strong consumer and business confidence in digital financial services and in turn creating many opportunities for payment innovation.
This leadership appointment underscores Cellulant’s commitment to building a resilient, high-performance organisation geared towards playing a pivotal role in the next era of Africa’s digital economy.
Looking ahead to 2026, Cellulant plans to further enhance the user experience on its payment platform, Tingg, and expand its footprint across Ghana.
Nigeria’s startup ecosystem received a fresh injection of momentum as top emerging ventures secured funding and investor attention at the iHatch National Demo Day, where Interface Africa clinched the highest prize of $15,000.
The 4th cohort of the NITDA–JICA-backed accelerator brought together founders, policymakers, and venture stakeholders in Abuja, showcasing innovations ranging from clean-energy financing and digital food marketplaces to next-gen fintech tools.
The startups went rounds of running through state-level selections and regional competition. iHatch was established in 2021 as a strategic partnership to create an enabling environment for young Nigerians to develop and scale their innovative solutions.
The iHatch National Demo Day (4th Cohort), is an initiative by NITDA and JICA which provides a clear pathway for homegrown talent to contribute significantly to economic diversification and digital transformation.
After rigorous selection processes, the top founders converged to pitch their innovations, recognised the standout performers, which are:
Interface Africa with $15,000, the firm is driving Nigeria’s clean energy transition by enabling structured and affordable solar financing.
Ahioma with $12,000, the firm enhances food accessibility with a digital marketplace connecting consumers directly to trusted vendors.
Linia Finance with $10,000, the firm is helping Nigerians take control of their finances with tools for budgeting, tracking, and smart money planning.
Chapta got a laptop reward. They delivering an offline-capable school application ensuring consistent, accessible learning for students everywhere.
Softdrop also got a laptop reward, they solve logistics challenges through a modern delivery platform designed for speed, convenience, and efficiency.
Fidelity Bank Plc, a leading financial institution, will host a free virtual training on the Nigeria Tax Act 2025 (NTA) as part of its commitment to helping small businesses prepare for the upcoming legislation.
Fidelity Bank
The masterclass is scheduled for 10:00 AM (Nigerian time) on Friday, 12 December 2025. It will provide participants with clear insights into changes in the tax framework, the impact on income and business operations, and practical steps to avoid penalties in 2026.
Attendees will also learn strategies to stay ahead in an evolving regulatory environment.
The Nigerian government enacted major tax reforms on 26 June 2025 when President Bola Ahmed Tinubu signed four tax bills into law.
These Acts will take effect on 1 January 2026 and represent a significant overhaul of the country’s tax system.
The reforms aim to modernize and harmonize Nigeria’s tax framework, improve revenue generation, broaden the tax base, and create clearer rules for individuals, businesses, and government agencies.
“Our decision to host this masterclass reflects our commitment to empowering businesses with the right information ahead of the commencement of the new tax regime.
“Information is money and a well-informed business owner is already steps ahead in the race to success.
“This is why we are bringing experts to provide accurate details and demystify the tax act,” said Osita Ede, Divisional Head, Product Development, Fidelity Bank Plc.
Interested participants can register via https://bit.ly/2026TaxLawMasterclass .
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