MTN, Nigeria’s largest telecommunications provider, has kicked off the implementation of a new tariff hike approved by the Nigerian Communications Commission (NCC). If you thought you had a solid understanding of your data costs, you might want to check again!
Just recently, a quick look using the *312# code on the MTN network unveiled significant changes in their data pricing. For instance, the popular 1.5GB monthly plan has been replaced with a new 1.8GB option, now priced at N1,500—a N500 increase from its previous price of N1,000! The 15GB plan now comes with a hefty price tag of N6,500, up from N4,500, and the 20GB monthly plan has surged to N7,500, increasing from N5,500.
Data prices are not the only ones affected; SMS rates have also climbed to N6.00, reflecting a staggering 50% increase. There are speculations that Airtel has also increased SMS charges, while voice call rates remain under wraps, adding to the uncertainty among users.
The NCC approved this maximum 50% tariff increase to help operators cope with rising operational costs amid economic challenges, arguing that the hike is meant to support the ability of operators to continue investing in infrastructure and innovation, ultimately benefiting consumers through improved services and connectivity, including better network quality, enhanced customer service, and greater coverage.
While this increment is less than the 100% hike demanded by operators, the NCC assures the public that it remains committed to balancing consumer interests with the need for operators to invest in infrastructure and innovation. This may translate into improved services and wider coverage for consumers in the long run.