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EXCLUSIVE: States With Unfriendly Policies Risk Missing Out On $1bn Telecoms Investments

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The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has cautioned state governments against imposing excessive levies and bureaucratic bottlenecks, warning that hostile policies could exclude them from over $1 billion in telecom investments flowing into the country.

ALTON Chairman, Engr. Gbenga Adebayo, stated that while Nigeria’s telecoms sector is experiencing a resurgence in infrastructure investment after years of stagnation, states with unfriendly regulations risked being left behind. “Where telecoms deployment faces obstacles, investments will shift to more cooperative states, leaving residents in hostile regions with poorer connectivity,” Adebayo said.-15+ Minutes Video: Father Caught In Unspeakable Position With His Daughter In Lagos Hotel (Don’t Open In Public)

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He highlighted challenges such as multiple taxes, delayed right-of-way approvals, and vandalism as major barriers to expansion. Operators currently grapple with up to 56 different taxes and levies, though relief is expected in 2026 when federal tax reforms take effect. “We cannot keep begging for ..Continue..Reading..

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𝗙𝗼𝗹𝗹𝗼𝘄 𝗢𝘂𝗿 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽 𝗖𝗵𝗮𝗻𝗻𝗲𝗹 𝗧𝗼 𝗚𝗲𝘁 𝗟𝗮𝘁𝗲𝘀𝘁 𝗡𝗲𝘄𝘀 𝗔𝘀 𝗜𝘁'𝘀 𝗗𝗿𝗼𝗽!

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