The federal government of Nigeria has said that measures have been put in place to significantly reduce the average cost of data. The average cost of 1GB of data has reduced from the January 2020 cost of N1,000 to N487.18 in November 2020.
According to NCC, “The Honourable Minister had inaugurated a committee that developed the Nigerian National Broadband Plan (2020-2025) on the 16th of December, 2019. And one of the goals of the plan is to drastically reduce the cost of data in this order as seen below;
To reduce the average cost of 1GB of data to a maximum of N390 by 2025
“With the January 2020 baseline of N1,000 per GB, the maximum projected steady decrease for the end of each year 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.
“Based on the Report by NCC, the average cost of data as of 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.
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.
In as much as FG is working on reducing the cost of data. You can still get 1G of data for N200 (dial *131*65# on MTN), (*141*241# on Airtel).