BREAKING NEWS: FG crashes data price by 50%


BREAKING NEWS: FG crashes data price by 50%

The Federal government said on Thursday that the cost of information has been diminished by in excess of 50% after an order that the Nigerian Communications commission, NCC, should set up measures with that impact.

In like manner, the cost of information of 1GB has been decreased from 1000 naira to 487 naira starting from last November.

The Minister of Communications and computerized economy Dr Isa Ibrahim Pantami who broke the news, said it was in accordance with the order he provided for the administrative organization (NCC) to set up measures to diminish the normal expense of information in the nation.

“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 a statement issued on Thursday in Abuja.

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Adeluyi who is Technical Assistant, Information and Technology said: “The Honourable Minister had inaugurated a Committee that developed the Nigerian National Broadband Plan (2020-2025) on the 16th of December, 2019.

“The Plan was unveiled and launched by His Excellency, President Muhammadu Buhari, GCFR, on the 19th of March, 2020.

“One of the goals of the Plan is to reduce the average cost of 1GB of data to a maximum of N390 by 2025.

“With the January 2020 baseline of N1,000 per GB, the maximum projected steady decrease for the end of each year was as follows: 2020 (N925), 2021 (N850), 2022 (N775), 2023 (N700), 2024 (N545) and 2025 (N390).

“In line with Dr Pantami’s commitment to under promise and over deliver, the measures have caused the current cost of data to reduce significantly beyond the December 2020 projection of N925.

“Based on the Report by NCC, the average cost of data as at November 2020 was N487.18, which amounts to 47.33% lower than the projected value.

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” The Report also indicates that the cost of data in November 2020 was less than 50% of the cost of data in January 2020.

“The Federal Ministry of Communications and Digital Economy, through the NCC, will keep on guaranteeing that shoppers appreciate a value system that underpins decency and is well disposed to customers.

“Arrangements are set up to guarantee that administrators embrace serious evaluating that shuns ridiculous edges. The overall population may likewise wish to take note of that grievances about quick information exhaustion are additionally being explored.

“For additional enquiries, the Honorable Minister has coordinated NCC to react to all issues raised by our residents and clients.

“All hands will stay on deck to accomplish the objectives of the Broadband Plan as the Ministry directs its execution in accordance with our National Digital Economy Policy for a Digital Nigeria.”




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