BREAKING: FG reduces data price by 50 percent.

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

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

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

“The normal expense of 1GB of information has decreased from the January 2020 expense of N1,000 to N487.18 in November, 2020.

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“This depended on a report by the Nigerian Communications Commission (NCC) submitted to the Honorable Minister following the execution of the orders,” Dr Pantami’s Technical Assistant, Mr Femi Adeluyi said in an explanation gave on Thursday in Abuja.

Adeluyi who is Technical Assistant, Information and Technology stated: “The Honorable Minister had initiated a Committee that built up the Nigerian National Broadband Plan (2020-2025) on the sixteenth of December, 2019.

“The Plan was revealed and dispatched by His Excellency, President Muhammadu Buhari, GCFR, on the nineteenth of March, 2020.

“One of the objectives of the Plan is to decrease the normal expense of 1GB of information to a limit of N390 by 2025.

“With the January 2020 benchmark of N1,000 per GB, the greatest extended consistent diminishing for the finish of every year was as per the following: 2020 (N925), 2021 (N850), 2022 (N775), 2023 (N700), 2024 (N545) and 2025 (N390).

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“In accordance with Dr Pantami’s obligation to under guarantee and over convey, the measures have made the current expense of information diminish essentially past the December 2020 projection of N925.

“In light of the Report by NCC, the normal expense of information as at November 2020 was N487.18, which adds up to 47.33% lower than the extended worth.

” The Report additionally shows that the expense of information in November 2020 was under half of the expense of information in January 2020.

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

“Approaches are set up to guarantee that administrators receive serious valuing that shuns unmerited edges. The overall population may likewise wish to take note of that grumblings about quick information exhaustion are additionally being examined.

“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 administers its execution in accordance with our National Digital Economy Policy for a Digital Nigeria.”

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