Friday, April 26, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Pantami: Governors have agreed to reverse hiked RoW charges

Pantami: Governors have agreed to reverse hiked RoW charges
January 24
12:48 2020

Isa Pantami, the minister of communications and digital economy, says governors have agreed to reverse the hike in right of way (RoW) hike charges.

According to a statement by Femi Adeluyi, technical assistant to the minister, the resolution was reached after a meeting with the Nigeria Governors’ Forum.

At the meeting, Pantami urged the governors to adopt the 2013 resolutions reached by the national economic council, which agreed on a maximum RoW charge of N145.00 per linear meter of fibre.

TheCable had earlier reported that 14 states hiked RoW charges, which would increase operating costs for telecommunications companies and resulted in increased rates for consumers.

Advertisement

The RoW charge is the levy paid to state governments for laying of optic fibre on state roads.

In his remarks, Pantami said a reduction of the rates would deepen broadband penetration and cause rapid growth in the gross domestic product.

In response, Kayode Fayemi, chairman of the Nigeria Governors’ Forum, assured the minister that the matter has been resolved.

Advertisement

“There will no longer be any need to appeal to the Governors on the issue of RoW,” he said.

Click on the link below to join TheCable Channel on WhatsApp for your Breaking News, Business Analysis, Politics, Fact Check, Sports and Entertainment News!

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment

error: Content is protected from copying.