ornicus:
The man is just grandstanding. You cannot force any telco to adjust their rates. The telcos are a perfect free market, you do not like one, you move to another. Each have their own peculiar operating challenges which NCC cannot do anything about.

Regulation of the price of petrol is one of the reasons for moribund refineries and a lack of investment in refineries. Because return on investment is not guaranteed

This is just the man saving face

shadeyinka:

Every sane country has tight price control of essential commodities especially from conglomerates.

There is no such thing as complete free market. Just imagine if NURTW nationwide decide to double their prices, what happens to inflation

ornicus:
The man is just grandstanding. You cannot force any telco to adjust their rates. The telcos are a perfect free market, you do not like one, you move to another. Each have their own peculiar operating challenges which NCC cannot do anything about.

Regulation of the price of petrol is one of the reasons for moribund refineries and a lack of investment in refineries. Because return on investment is not guaranteed

This is just the man saving face

judgementyard:

His type plenty here on nairaland

deenee:


What they post as profit has no bearing on this discourse. They are a private company and they have the responsibility of creating wealth for their shareholders.

Economics of scale will only make sense if the cost of doing business is low.

You don't expect them to price below their per unit cost of data deployment do you?

And yea petrol price regulation is one of the major underlying reasons why the refineries aint working.

Let market forces control petrol price and see the amount of investments that will flow into that sector.

vivalavida:
Extension till when?

DonFreshmoney:
Why the extension?? Zombie minister..

But he wont extend looting our resources

DonFreshmoney:
Why the extension?? Zombie minister..

But he wont extend looting our resources

ornicus:
The man is just grandstanding. You cannot force any telco to adjust their rates. The telcos are a perfect free market, you do not like one, you move to another. Each have their own peculiar operating challenges which NCC cannot do anything about.

Regulation of the price of petrol is one of the reasons for moribund refineries and a lack of investment in refineries. Because return on investment is not guaranteed

This is just the man saving face

GidiWoodsMan:
The minister is behaving like an illiterate when he should focus more on regulatory compliance on the part of the telcos who engage in fraudulent promos, outright data & talktime credit scam and other types of consumer abuse right under the nose of the NCC.

All the lazy youth hailing him now should not complain when he once again orders the telcos to double data prices a year or two down the line.

chachanga:
Entire system's jinxed.

Without fixing Power and Petroleum sectors to yield affordable products and services promptly, many private sector concerns will keep suffering until hardships before shutting down unceremoniously.

Telcos have genuine concerns and terribly costly overheads to grapple with. Diesel costs for powering base stations (Masts) alone is enough not to consider diesel/inverter/solar combo overheads for running NoC's, support staff etc. A week Naira plus jumping local inflation drives up demands for higher staff pay as well as costlier overheads for tech know-how & equipment imports esp. without facility of import waivers.

But such challenges shouldn't equate to the abysmal connectivity & poor Quality of Service (QoS) plus daylight-robbery billing and data zapping regime Nigerians are now subjected to. That's a reflection of our corrupt Nigerian Factor eating deep into policy implementation on regulation, transparency/accountability, Consumer Rights etc.

If he's truly committed, some heads have to roll both ways so that pple can have value for money. New products and tariff package deals must be brought onboard. Data minimum sub quantity/costs, data sub expiration, rollover and bonus policies must be reviewed. Clear improvements must be noticeable in the so-called high-speed broadband data deals; "unlimited data" no suppose be for mouth only! Lack of service availability beyond certain levels must be penalizable on reporting because Glo is fond of selling Awoof-data plans that nobody will get to use till it expires!

Hence as long as concessions will be made on all sides, things won't continue to be business as usual but Nigerians shouldn't expect their Telcos to turn stones-to-bread overnight in the present crippling business environment, na other ways to deceive una dem just dey come up with, packaging the same sh!t in different wrappers!

imoh070:
This a great idea
But my fear is after this has been implemented, the price of simcard will increase..you know Nigerians everyone is thinking

ornicus:
The man is just grandstanding. You cannot force any telco to adjust their rates. The telcos are a perfect free market, you do not like one, you move to another. Each have their own peculiar operating challenges which NCC cannot do anything about.

Regulation of the price of petrol is one of the reasons for moribund refineries and a lack of investment in refineries. Because return on investment is not guaranteed

This is just the man saving face

80kobo:
They don't burn 2 generators per mast 24/7 in the countries with cheaper data.

Ernerstdavid55:
no 19 alagbara tree oposit amadioha filling station.ask of fighter na me be dat

MoIbrahim:
You didn't put room number or flat number

.room 4 flat 1 door 9.u meet me personally


Seriously, don't put ur address in public places. Security matters.

Hizzy:
first time we are about to get it right
but until then
After this we will deal with DSTV

Hizzy:
first time we are about to get it right
but until then
After this we will deal with DSTV

ornicus:
The man is just grandstanding. You cannot force any telco to adjust their rates. The telcos are a perfect free market, you do not like one, you move to another. Each have their own peculiar operating challenges which NCC cannot do anything about.

Regulation of the price of petrol is one of the reasons for moribund refineries and a lack of investment in refineries. Because return on investment is not guaranteed

This is just the man saving face

DonFreshmoney:


I wont respond to a troll who created an account this year for trolling purpose.