FG Slashes Data Price By 50 Percent

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The Federal government has announced the slash of data price by 50 percent.

The Minister of Communications and digital economy Dr Isa Ibrahim Pantami made this as he added that the slash line with the directive he gave the regulatory agency (NCC) put measures place reduce the average cost of data the country.

“The average cost of 1GB of data has reduced from the January 2020 cost of N1,000 N487.18 in November, 2020.

”This based a report by the Communications Commission (NCC) submitted the Honourable Minister following the implementation of the directives,” Dr Pantami’s Assistant, Mr Femi Adeluyi said in a statement issued in Abuja.

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

“The Plan unveiled and launched by His Excellency, 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 promise and 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.

” 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 of Communications and Digital Economy, through the NCC, will continue to ensure that consumers enjoy a price regime that supports fairness and is friendly to consumers.

are in place to ensure that operators adopt competitive pricing that eschews unjustifiable margins. The general may also wish to note that complaints about rapid data depletion are also being investigated.

” For more enquiries, the Honourable Minister has directed NCC to respond to all issues raised by our citizens and .

“All hands will remain on deck to achieve the goals of the Broadband Plan as the supervises its implementation in line with our National Digital Economy Policy for a Digital Nigeria.”