Pricing: Kwara recharge card retailers kick against NCC directive

Date: 2017-05-12

Card retailers in Ilorin, Kwara State have expressed dissatisfaction over the recent directive by Nigeria Communication Commission (NCC) warning against selling above approved price.

The retailers kicked against the policy, complaining of the minimal profit on sales of recharge cards.

The Manager of ACME superstores, Mrs. Diamond Nwankwo said retailers sell the recharge cards at loss "If NCC is saying customers shouldn't buy recharge cards above approved price, they should begin with franchise owners who sell to us.

Corroborating this, the CEO of Wasilat Communications Network, Mr. Ibrahim Kunle said the pricing by recharge card producers should be regulated for retailers to make profit.

He said, "Selling recharge cards is not highly profitable. We make gains of between N30 to N100 on a pack."

Mr. Felix Ajiboye who owns a GSM shop said," We buy MTN pack at N970, Etisalat N950, Airtel N945 and Glo N910, therefore if we sell at approved price, we will not make profit."

It would be recalled that NCC had ordered Nigerians to stop buying N100, N200 recharge cards for N110, N210, N510, N1010 among others.

The commission stressed that it is illegal for retailers of GSM recharge cards to sell above the approved prices, advising the subscribers to resist exploitation. The NCC South East Zonal Director in Enugu, Mrs. Emilia Nwokolo, who made this known during the 1st Consumer Conversation Forum held for subscribers and stakeholders in the Zone, exonerated telecom operators from such illegal act, and advised the customers to report those selling above the approved prices to the operators for necessary action.

Meanwhile, Mobile Telecommunication Network (MTN) one of the largest networking company in Africa on Monday apologised to customers over poor service. The network sents message to its wider customers 'Dear Customer, we apologise for the difficulty you are currently experiencing using our internet services. Please bear with us while this is being resolved.'

Pilot Business observed that most subscribers in Kwara State had switched to other networks as a result of the development.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Zulkifli Ibraheem     Bluenile Associates     Abdul Jimoh Mohammed     Oko Erin     Durosinlohun Atiku     Aso-ofi     Roheemat Hammed     Ilorin Innovation Hub     Lateef Alagbonsi     Sherif Shagaya     NaAllah     SWAN     Al-Adaby     Bola Iyabo Ibiyeye Adisa     Abdulrazaq Magaji     Moremi High School     AbdulRazaq Jiddah     Age AbdulKareem     Ilesha-Baruba     Bamidele Adegoke Oladimeji     Funmilayo Oniwa     Lawyers Unite Against Corruption     Magaji Nda     Kisira     Convocation Ceremonies     Federal Polytechnic Offa     Mufutau Olatinwo     Special Agro-industrial Processing Zone     Yahaya Jibril Usman     Aishatu Ahmed Gobir     Nupe     Belgore     Yakubu Dogara     Gbajabiamila     University Road     Air Peace     Abdullahi Saadudeen Alikinla     Ibrahim Jawondo     Saba Jibril     Agbarere     Economic And Financial Crimes Commission     Abdulrahman Onikijipa     Kayode Ishola     Oro Grammar School     Mahe Abdulkadir     Bola Sagaya     Mustapha Akanbi     Kehinde Baale     Olomu     Tafida     Awodun     Shuaib Boni Aliyu     Borgu     Ibrahim Issa Jetti     Saduki Lafiagi     Dele Momodu     Aasiyat Bello Oyedepo     Shuaib Olarongbe     Kayode Issa     Buari Edun     Barakat Community Secondary School     Laduba     Gbadeyan Gbadura Yomi     Ayodele Olaosebikan     Gamji Members Association     Oyedepo     Femi Agbaje     Ado Bayero     Kayode Bankole     AbdulFatai Adeniyi Dan-Kazeem     Ahmed Idris Mohammed     Ridwan Agboola     Ahmad Uthman     UNILORIN Alumni     Abdulkarim Adisa     TESCOM     Ishaq Abdulkarim    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Yusuf Zulu-Gambari     Samuel Adedoyin     Henry Makinwa     Y.A. Abdulkareem     Nigeria Computer Society     Muyiwa Oladipo Kanu     Galland Marcias     Marafan Shonga     Abdulrazaq Solihudeen     Olukotun Of Ikotun     Centre For Digital Economy     Joseph Daudu     Modupe Oluwole     Olushola Saraki     Minister     Yekeen Alabi     Olokoba Abdullahi Ayinla     Bashiru Makama     BECE     Solomon Edoja     Bello Bature     Revenue Court     Ilesha-Baruba     Rabiu Kwankwaso     Sidikat Uthman Ajibola     Saadatu Modibbo-Kawu     Offorjama     Baboko Primary School     Tunde Oyawoye     Aliyu Adebayo     Olatunji Ibrahim     Shuaib Jawondo     Olayinka Oladapo Jogunola     Logun     Ishola Balogun Fulani     Muslim Cementary     Valsolar     AGILE Programme     Split Diamond Interchange     Segun Abifarin     Kwara-SAPZ Project     Femi Gbajabiamila     Yusuf Amuda Aluko     AbdulFatai Adeniyi Dan-Kazeem     Mohammed Tunde-Jimoh     Muhammed Akanbi     Shuaibu Yaman     Kwara Teaching Service Commission     EFCC     Aliyu Muhammad Saifudeen     Yakubu Shaaba     Kamaldeen Ajibade     Katibi Ibraheem Adeola     Idofin     Abdulraheem Olesin     Kale Bayero     Abdullahi AbdulMajeed     AIT Ilorin     Abdulrahman Onikijipa     Okin Group     Isapa     Hydroelectric Power Producing Areas Development Commission     Kazeem Oladepo     Mubarak Oladosu     Borgu     Kale Ayo     Idris Garuba     Muhammadu Buhari     Abraham Ojo     KWASEIC     Abdullahi Saadudeen Alikinla     Okoolowo     Onilupeju Of Ilupeju     Sarakite     Ayo Salami     Isiaka Alikinla     HICA