The Managing Director/Chief Executive Officer of Financial Derivatives Company Limited Bismarck Rewane has backed telecommunication companies’ move to increase tariffs. 

Telecom operators including MTN, Airtel, and Globacom have pushed for cost-reflective tariffs because of extant economic realities.

READ ALSO: MTN, Airtel, Glo, Others Mull Tariff Hike

While the development has triggered a backlash in some quarters, Rewane says telco pricing needs to reflect current realities. He was a guest on Friday’s edition of Channels Television’s Politics Today. 

Watch the full interview about the push for a tariff hike below:

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