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HomeBusinessExcitements As FG Crashes Price Of Data By 50 percent

Excitements As FG Crashes Price Of Data By 50 percent

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By Babajide Okeowo

For data subscribers in Nigeria, there is good news as the Federal government has directed the Nigerian Communications Commission, NCC, to put in place measures to effect more than a 50 percent reduction in the price of data.

The Minister of Communication and Digital Economy, Isa Pantami made this known in a statement on Thursday.

Accordingly, the price of data of 1GB has been reduced from N1000 to N487 beginning from last November.

Dr. Pantami said the reduction was in line with the directive he gave to the regulatory agency (NCC) to put measures in place to reduce the average cost of data in the country.

“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 by the Nigerian Communications Commission (NCC) submitted to the Honourable Minister following the implementation of the directives,” Dr. Pantami’s Technical Assistant, Mr. Femi Adeluyi said in the statement issued on Thursday in Abuja.

Recall that Nigerians have agitated for a reduction in the price of data subscriptions in the country.

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