Business News
BREAKING: Nigerian govt slashes data price by 50%
The minister made this known in a statement on Thursday, signed by his Technical Assistant on Information Technology, Femi Adeluyi.
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.
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