MTN increases prices of data bundles by 50%
MTN Nigeria, one of the country’s leading telecommunications providers, has announced a significant increase in the prices of its data plans.
This is coming after the Nigerian Communications Commission (NCC) approved a tariff increase for telecommunications companies, citing prevailing market conditions.
MTN Nigeria confirmed the upward review in a response shared on its X account (formerly Twitter).
The company wrote: “Y’ello! Thanks for stopping by, We apologise for any inconvenience and delayed Response.
“A price increase has been implemented to enhance our services and serve you better, which is why you are seeing the updated amount.”
Reuben Mouka, NCC’s spokesperson, announced the decision shared in January, explaining that the approval aligns with the NCC’s regulatory powers under Section 108 of the Nigerian Communications Act, 2003.
According to Mouka, the adjustment allows a maximum increase of 50 per cent on current tariffs, a compromise from the over 100 per cent hike initially requested by some network operators.
“The adjustment, capped at a maximum of 50 per cent of current tariffs, though lower than the over 100 per cent requested by some network operators, was arrived at taking into account ongoing industry reforms that will positively influence sustainability,” Mouka stated.
In compliance with this approval, MTN increased the cost of data bundles by about 200%.
According to the new pricing structure, the 15GB data bundle, which previously cost ₦2,000, now costs ₦6,000. Similarly, the 1.5TB plan has increased from ₦150,000 to ₦240,000.
Other affected plans include; the 100GB bundle, which now costs ₦25,000 for 90GB, up from the previous price of ₦20,000 for 100GB. The 600GB bundle has also increased from ₦75,000 to ₦120,000 for 480GB.
The price hike has sparked concerns among subscribers, who are already grappling with the economic challenges in the country.
Many have taken to social media to express their dissatisfaction with the new prices, calling on the company to reconsider the increase.
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