News
SERAP Sues FG, NCC Over 50% Telecom Tariff Hike

The Socio-Economic Rights and Accountability Project has filed a lawsuit against the administration of President Bola Tinubu and the Nigerian Communications Commission over what it described as the “arbitrary, unconstitutional, unlawful, unfair, and unreasonable” 50% increase in telecom tariffs.
The NCC recently approved the tariff hike, which raised the cost of a one-minute call from N11 to N16.5, the price of 1GB of data from N287.5 to N431.25, and SMS charges from N4 to N6.
The hike has sparked widespread criticism, with SERAP leading legal opposition to the decision.
In the suit filed at the Federal High Court, Abuja (Suit No. FHC/ABJ/CS/111/2025), SERAP contends that the tariff hike infringes on citizens’ rights to freedom of expression and access to information as enshrined in the Nigerian Constitution and international treaties.
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A statement issued on Sunday by SERAP titled, “SERAP wants court to stop Tinubu govt, telcos from implementing 50% telecom tariff hike,” disclosed this.
“The unilateral decision by the NCC to approve a 50% hike in telecom tariffs is arbitrary, unconstitutional, and unfair,.
“This action contravenes both the Federal Competition and Consumer Protection Act of 2018 and international human rights standards.
“It also reflects a failure to consult key stakeholders, such as the Federal Competition and Consumer Protection Commission,” said SERAP’s lawyer, Ebun-Olu Adegboruwa, SAN.
SERAP argued that the decision disregards the principle of legality, which requires fairness, reasonableness, and adherence to due process in the exercise of statutory powers.
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“The NCC’s action undermines citizens’ right to seek, receive, and impart information through communication media without discrimination,” the lawsuit read.
The increase comes amidst Nigeria’s economic challenges, with a recent report by the National Bureau of Statistics revealing that 133 million Nigerians are multidimensionally poor.
Telcos’ operating costs surged by 50.92% – NCC
The report highlights worsening living conditions, with over half of the population relying on wood, dung, or charcoal for cooking.
SERAP stated, “This tariff hike is happening at a time when Nigerians are grappling with a cost-of-living crisis. Many are struggling to afford basic necessities, let alone higher communication costs.
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“The move adds to existing burdens, including fuel subsidy removal, rising electricity tariffs, and soaring food prices.”
In its prayers, SERAP is seeking a court declaration that the tariff hike violates constitutional provisions and international human rights treaties, as well as an injunction to halt the implementation of the hike.
The organisation is also asking the court to nullify the NCC’s decision, describing it as “extortive, unreasonable, and a breach of due process.”
SERAP’s Deputy Director, Kolawole Oluwadare, emphasised the broader implications of the tariff hike.
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The statement further noted, “Access to communication is not a luxury; it is a fundamental right.
“The government and the NCC have a duty to ensure that telecommunication services remain affordable, especially for the millions of Nigerians living in poverty.”
No date has been set for the hearing of the case, which could have significant ramifications for telecom regulation in Nigeria, the statement noted.
Meanwhile, subscriber groups issued an ultimatum to the Nigerian Communications Commission, demanding the reversal of the 50 per cent tariff hike to 10 per cent by Wednesday, January 29, 2025. /
News
Six Corps Members Receive N10m Grants To Boost Agribusiness

Six members of the National Youth Service Corps (NYSC) have received a total of N10 million in grants to expand their agribusiness ventures under the Farmers for the Future Programme.
The programme was organised on Monday by the British American Tobacco Nigeria Foundation (BATNF) in collaboration with the NYSC to encourage young Nigerians to embrace agriculture and develop sustainable businesses.
Presenting the cheques to the beneficiaries in Abuja, the NYSC Director-General, Brigadier General Olakunle Nafiu, urged Corps members to maximise the opportunities provided by the service year by venturing into commodity marketing and other viable businesses.
Nafiu said agribusiness remained a viable avenue for young people to build sustainable enterprises, create employment and generate wealth.
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He also stressed the importance of value addition to the success and sustainability of business ventures, while commending BATNF for placing Nigerian youths at the centre of its entrepreneurship initiatives through value-chain development, employment creation and its partnership with the NYSC.
“I charge you to spread the news around. We have seen the outcome, and it is a good idea,” he said.
The beneficiaries are Dominic Olufemi (FC/25C/1143), who received N3 million; Temitope Adewole (ED/26A/2251), N2 million; Abdulwaheed Bala (ED/25B/1402), N2 million; Olanike Mayungbe (OG/26B/1037), N1 million; Kingsley Udoeyen (KG/26A/1735), N1 million; and Lorember Lorsue (JG/25B/1742), N1 million.
Speaking on the selection process, the Acting Director, Skills Acquisition and Entrepreneurship Development (SAED), Mrs Winifred Shopeka, said the programme began with an online registration portal through which Corps Members engaged in agribusiness submitted their business plans.
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She said nearly 3,000 Corps members applied and underwent a rigorous selection process that produced 20 finalists.
According to her, the finalists participated in a boot camp and a final pitching session, which produced the 10 best presenters before the six ultimate winners were selected.
Shopeka said the beneficiaries had also been mentored and attached to established market operators to assist them in marketing their products.
She added that Corps Members who did not make the final stage of the competition were also trained by BATNF.
The BATNF Team Lead, Mr Oludare Odusanya, congratulated the beneficiaries and urged Corps Members engaged in agribusiness to master the fundamentals and acquire the knowledge and skills necessary to succeed.
“We are happy with our collaboration with the NYSC, and it will continue,” he said.
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Odusanya explained that BATNF was an independent organisation established to contribute to poverty reduction in Nigeria through sustainable agricultural practices and other interventions.
He said the Farmers for the Future Programme was instituted in collaboration with the NYSC to encourage Corps Members to venture into agribusiness and become job creators.
He added that the beneficiaries would be attached to mentors who would guide them towards achieving success in their respective businesses.
According to him, the programme has, since its inception, continued to enhance the entrepreneurial capacity of Corps Members.
News
CBN Reduces Interest Rate To 23%

The Central Bank of Nigeria (CBN) on Tuesday announced the reduction of the interest rate, also known as Monetary Policy Rate (MPR) to 23 percent.
Briefing the media in Abuja, the Governor of the CBN, Mr. Olayemi Cardoso, said at the 307th MPC meeting held on September 22, 2026 agreed the resetting of the MPR and recaliberation of the monetary policy market.
According to Cardoso, the committe is satisfied with the disinflation progress, adding that members noted stable banking sector following successful recapitalisation.
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Meanwhile, according to Nigerian Tribune, reports that that the MPC, at its 306th meeting in July 2026, disclosed its resolution to retain the interets at 26.5 percent.
According to the Governor of the CBN, Olayemi Cardoso, “the Committee’s decision to maintain the current policy stance followed a thorough assessment of the balance of risks. Although headline inflation moderated marginally in June 2026, global uncertainties have heightened, due mainly to the renewed hostilities in the Middle East.
“In view of the evolving developments, maintaining a cautious monetary policy stance remains appropriate. In arriving at its decision, the Committee noted the recent resurgence of hostilities in the Middle East, with particular attention to its spillover effects on global energy prices and the potential pass-through to domestic inflation.”
News
NURTW: KWAM1 Settles Long-time Rift Between MC Oluomo, Tafa Sego

Nigerian Fuji musician, Wasiu Ayinde Marshal, popularly known as KWAM1, has brokered a peace deal between the National Union of Road Transport Workers (NURTW) National President, Musiliu Akinsanya, popularly known as MC Oluomo, and the Lagos State Chairman of the union, Mustapha Adekunle, aka Tafa Sego.
The reconciliation took place at Ojusagbola in Ijebu, Ogun State, where several NURTW chieftains gathered for the meeting.
The development was announced on Tuesday on KWAM1’s digital media page on Instagram, alongside photographs from the meeting.
According to the post, the two union leaders have resolved their differences after years of strained relations.
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“After years of an age-long rift, MC Oluomo and Tafa Sego have finally settled their differences. And from what we know now, this is final,” the post said.
The musician was said to have intervened as the Mayegun of Yorubaland, with the aim of bringing an end to the longstanding disagreement between the two NURTW figures.
“K1 acted in his role as the Mayegun of Yorubaland by seeking an end to the long-standing rift, once and for all,” it said.
The post also described the meeting as a significant step beyond previous public displays of reconciliation.
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“This time, it was not just another handshake for the cameras. The two old friends and colleagues came together at Ojusagbola, with King Wasiu Ayinde Marshal (K1) playing the peacemaker.”
Both MC Oluomo and Tafa Sego were reported to be pleased with the outcome of the intervention.
“Both parties are delighted about the new development,” the post said.
The two men had previously been allies and prominent figures within the Lagos NURTW before their relationship became strained amid disagreements linked to leadership of the union in the state.
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