Data Prices Reduced By 50% in 2020 – Minister

Ministry of Communications and Digital Economy

In a statement signed by his Technical Assistant on Information Technology, Femi Adeluyi, the Minister of Communication and Digital Economy, Isa Pantami on Thursday says data prices reduced by 50 per cent in 2020.

The statement titled, ‘Current Cost of Data Reduced to Less Than 50% of January 2020 Cost’ stated that based on the report submitted by the Nigerian Communication Commission to the minister, following the implementation of the directives, the average cost of 1GB of data has reduced from January 2020 cost of N1,000 to N487.18 in November 2020.

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The Federal Government had inaugurated a committee that developed the Nigeria National Broadband Plan (2020-2025) on December 16, 2019. The plan which was launched by President Muhammadu Buhari in March 2020, aimed to reduce the average cost of 1GB data to a maximum of N390 by 2025.

The statement added that “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.”