Recently the NCC directed all telecoms operators in nigeria to cut their sms charges to N4 per sms to any network in nigeria. most banks buy bulk sms t or lower than N2 per sms to alert their customers but they charge their customers N10 per alert. it this not illegal way of making money?House what do you think? Are they not fleecing nigerians illegally?

personally I think Central bank and NCC should compel all the banks to cut down on their alert charges to N2 per alert with immediate effect because this is fraudulent way of making money and bulk sms is now very cheap.

Your take please.