Home Business Breaking! Nigerian govt cuts price of data by 50%
BusinessNews

Breaking! Nigerian govt cuts price of data by 50%

Share
Share

By Chioma Obinagwam

The Minister of Communications and Digital Economy, Isa Pantami, has announced a reduction in the price of data prices by 50 percent in 2020.

Confiance News gathered from a press statement on the official Twitter handle of Pantami on Thursday.

The statement titled, ‘Current Cost Of Data Reduced To Less Than 50% Of January 2020 Cost,” partly read, “The average cost of 1GB of data has reduced from the January 2020 cost of N1,000 to N487.18 in November 2020.

“This was based on a report submitted by the Nigerian Communications Commission to the minister (Pantami) following the implementation of the directives.”

The government had inaugurated a committee that developed the Nigerian National Broadband Plan (2020-2025) on December 16, 2019. The plan, which was launched by the President, Major General Muhammadu Buhari (retd.), in March 2020, aimed to reduce the average cost of 1GB of data to a maximum of N390 by 2025.

“Policies are in place to ensure that operators adopt competitive pricing that eschews unjustifiable margins. The general public may also wish to note that complaints about rapid data depletion are also being investigated,” the statement added.

Please follow and like us:
Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Member

Don't Miss

‎Tonto Dikeh declares for Christ on NSPPD: ‘I am the Esther of my generation’

‎By Chioma Obinagwam‎‎Popular Nollywood actress, film producer, and politician Tonto Dikeh has embraced Jesus Christ and publicly announced her salvation.‎‎Confiance News gathered that...

‎Dear Terror sympathizers… let’s burn bridges…

By Bivan Magoni‎‎Let me not lie yeah, I’m tired of pretending, or tiptoeing around people who get offended by the truth. If a...

Related Articles

‎Tonto Dikeh declares for Christ on NSPPD: ‘I am the Esther of my generation’

‎By Chioma Obinagwam‎‎Popular Nollywood actress, film producer, and politician Tonto Dikeh has...

‎Dear Terror sympathizers… let’s burn bridges…

By Bivan Magoni‎‎Let me not lie yeah, I’m tired of pretending, or...

Confiance News contributor Blaise Udunze wins Nestlé Media Award‎

By Chioma Obinagwam‎‎Blaise Udunze, an opinion writer with Confiance News has been...

‎Nigeria 2025 budget: BudgIT demands major reforms as FG defers 70% of capital projects to 2026‎

‎By Chioma Obinagwam‎‎Leading transparency watchdog BudgIT has urged sweeping reforms to Nigeria’s...