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.

Abdulrahman Abdullahi Kayode     SAPZ Project     Abubakar Baba Sulaiman     Muyideen Ajani Bello     Muhammad Akande Olarewaju Odunade     Mahmud Ayinla Giwa     Suleiman Ajadi     Salihu Jibril Garbi     CACOVID     Bolakale Kawu Agaka     Kaiama     Balogin Alanamu     Seni Saraki     Ibrahim Labaika     Isiaka Rafiu Mope     Ahmad Belgore     Orire     Cassava Growers\' Association     Fatai Olodo     Olukotun Of Ikotun     Admiralty Villa     NIPR     Bankole Omisore     Peter Obi     Kayode Zubair     Mopelola Abdulmaliq-Bashir     Falokun-Oja     Towobola Abdulrahman Toyin     Olokoba Abdullahi Ayinla     Rotimi Atere     Soffiyyallah Kamaldeen     2023 Elections     KWTV     Ayotunde Emmanuel Alao     Otunba Taiwo Joseph     Niyi Ogundiran     Yahaya Dumoye     Unilorin     Local Government Pension Board     Fatimat Saliu     Asa     Crystal Corner Shops     S.O. Opowoye     Abdul-Rahoof Bello     Bola Magaji     UNILORIN Alumni Association     Bureau Of Lands     Isiaka Danmeromu     Hauwa Nuru     Bola Olukoju     Tsado Manman     Afonja Descendants Union     Umar Gunu     TIIDELab     Laolu Saraki     Aminat Omodara     Ita-Nmo Market     Dasuki Belgore     Computer Based Test     Micheal Imoudu     General Tunde Idiagbon International Airport Ilorin     Isiaka Saka Opobiyi     AbdulRahman Saad     Olomu Of Omu-Aran     Maigidasanma     Amina Susa\'a De Ahmed     Share     LABTOP     MINILS     Kwara State Internal Revenue Service     Tsaragi/Share     Adesoye     Samuel Adaramola     Bolakale Kawu     Omupo     Ojuekun     Yahaya Abdulkareem Babaita    

Cloud Tag: What's trending

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

Agor     Summit University     Lanre Badmas     Halimah Perogi     NURTW     Haashim Initiative For Community Advancement     Admiralty Villa     Allocation     Sardauna Of Ilorin     Rafiu Ajakaye     Salake     Elerinjare     Aminu Adisa Logun     Afolasade Opeyemi Kemi     Owo Arugbo     Wahab Egbewole     Abdulganiyu Oladosu     MAI Akande     Saad Belgore     AbdulGaniyu Kareem     Hassan Abdulazeez Elewu     Abdulrazaq Akorede     Lasiele Alabi Yahaya     Daud Adeshola     Olam Food Ingredients     Bisi Kristien     Orisun Igbomina     Ilorin Emirate     Jimoh Lambe Abdulkareem     Ilorin East/South Federal Constituency     Ahmed Dankaya     Razak Atunwa     Omu-aran     Bamidele Adegoke Oladimeji     TETFUND     Abubakar Lah     Mamatu Abdullahi     Kolo     Salihu Jibril Garbi     Sunset Workers     Nigeria Governors\' Forum     Share/Tsaragi     Lanre Badmus     Abdulkadir Akanbi-Oke     Tunde Yusuf     Law School Scholarship     Kwara State Printing And Publishing Corporation     Senate     Durosinlohun Kawu     Aisha Ahman-Pategi     Facebook     MATTA Girls Foundation     Adeola Abraham     Abdulkareem Alabi     Obuh     Aso Ofi     Olusegun Adeniyi     Bayo Onimago     Pakata Development Association     Ibrahim Abikan     ENetSuD     Gbemisola Saraki     Yusuf Abdulkadir     Ilorin.Info     Kolawole Akande     Ilorin International Airport     Simon Sayomi     Hamidat Sulyman-Yusuf     Olupako     Col. Adedipe     Oke-opin     ER-KANG Mining Nigeria Company Limited     Yahaya Muhammad     Bamidele Adegoke     Muritala Olarewaju     Mohammed Yisa     Jumoke F. Ajao