The Nigerian Communications Commission (NCC) has suspended its plan to raise the price of data from December 1.
In a statement by the commission’s Director of Public Affairs Tony Ojobo, the NCC said it took the decision following consultation with stakeholders and the mammoth complaints by subscribers across the country.
“Following the concerns that visited the directive to introduce price floor for data segment of the telecommunications sector beginning from December 1, 2016, the Nigerian Communications Commission has suspended any further action in that direction,”
“The commission has weighed all of this and consequently asked all operators to maintain the status quo until the conclusion of study to determine retail prices for broadband and data services in Nigeria.”
The NCC further explained that its decision to choose a price floor for data was aimed at promoting a level playing field for all operators in the industry.
“The price floor is not an increase in price but a regulatory safeguard put in place by the telecommunications regulator to check anti-competitive practices by dominant operators.”