A photograph mixture created on December 10, 2020 displaying the visible identities of web giants Facebook, Netflix, Twitter, and Google.
A report by the Nigerian Communications Commission has indicated that the price of web information in Nigeria diminished by 50 p.c between January and November.
The Ministry of Communications and Digital Communications revealed this in an announcement on Thursday.
The NCC report mentioned the common value of 1GB of information has been diminished from N1,000 to N487.18.
According to the assertion, the discount is consistent with Minister Isa Pantami’s Nigerian National Broadband Plan which was launched in December 2019.
One of the targets of the Plan is to scale back the common value of 1GB of information to a most of N390 by 2025.
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With the January 2020 baseline of N1,000 per GB, the utmost projected regular lower for the top of every yr 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,” the Ministry’s assertion added.
“Based 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 Ministry 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. 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.”