futurewise11:
I think the NCC got it wrong here.Introducing price cap is not an effective government intervention tool.Firstly, Its known in the economist world that price floor mostly benefit the supplier(Telecommunication Company).

Why not let the forces of the market determine the price?

Why not use tax as the government

intervention tools?thereby generating billions of naira for the govt.

Instead they use Price floor to exploit the public and get there share from the companies.

May God help Nigeria.

Futurewise11
European School of Business

Is that not why the "data floor price " was withdrawn?

Like anything would change...lets watch




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Bekwarra:
When will IPOB protest Nnamdi Kanu's arrest in
Lagos? Since Yeboes own Lagos, they should stage a
huge 1 million man march in Lagos nah. We are
waiting for them.




To all the yeeboes quoting me, aint gonna dignify your pathetic souls with a response. Ori gbogbo yin ti buru.

Why do some Yoruba people like you make such hate comments this early morning? Yesterday I saw one on job and vacancies section and now here you are. Nawaoo.

flamingtiger:



Is that not why the "data floor price " was withdrawn?

I am surprised with all there comments, indeed Nigerians has poor reading habit or can't them comprehend what the message is.

MISSNORA:
Damn

Why are you frowning?

undercurrent:
This NCC seems to be the problem than the solution.
They blocked Mtn's magic number, trutalk + and ipulse low tarriffs just to protect the other lowsy competitors. NWhose side are they on sef?

its pretty annoying.. Most of the call tarriffs we pay for in dis country is one of the mst expensive in the world..... God help nigeria...

upsyLi:

NAN reports that with the withdrawal of the price, telecommunications industry now has the permission of NCC to charge subscribers lower than the set lowest industry prices.
Source : www.businessnews.com.ng/2015/10/26/ncc-withdraws-data-floor-price-for-telecoms-operators/

I hope it also doesn't give them permission to charge HIGHER than the set HIGHEST industry prices.

BigJakie:


Bros no vex... abeg ehh where you dey buy your own weed?

Loflmfao

BigJakie:


Bros no vex... abeg ehh where you dey buy your own weed?

na for yelobar johntion

Bekwarra:
When will IPOB protest Nnamdi Kanu's arrest in
Lagos? Since Yeboes own Lagos, they should stage a
huge 1 million man march in Lagos nah. We are
waiting for them.




To all the yeeboes quoting me, aint gonna dignify your pathetic souls with a response. Ori gbogbo yin ti buru.

You've seen what comes out of smoking Papa Ijebu's weeds mixed with utazi? Get a Life, bigot!

NCC fooling Nigerians since 1802.

Bekwarra:
When will IPOB protest Nnamdi Kanu's arrest in
Lagos? Since Yeboes own Lagos, they should stage a
huge 1 million man march in Lagos nah. We are
waiting for them.




To all the yeeboes quoting me, aint gonna dignify your pathetic souls with a response. Ori gbogbo yin ti buru.

isn't it too early for this? We are talking of what NCC just did and you re talking about IGBOS..No wonder one Fulani emir said Yoruba is Nigerias biggest problem.. Always causing confusion were there should be none

futurewise11:
I think the NCC got it wrong here.Introducing price cap is not an effective government intervention tool.Firstly, Its known in the economist world that price floor mostly benefit the supplier(Telecommunication Company).

Why not let the forces of the market determine the price?

Why not use tax as the government intervention tools?thereby generating billions of naira for the govt.

Instead they use Price floor to exploit the public and get there share from the companies.

May God help Nigeria.

Futurewise11
European School of Business

yea, the NCC should have used taxation and not price floor. Just like what you said, price floor strengthens the super companies against the thriving ones and we subscribers we still be at the receiving end. This negates healthy competition.

stardragon:
airtel una hear so?


ncc se make una de charge small small now

mouth piece of the gods

First Mtn later Dst thieves.NCC weldon.

Bekwarra:
When will IPOB protest Nnamdi Kanu's arrest in
Lagos? Since Yeboes own Lagos, they should stage a
huge 1 million man march in Lagos nah. We are
waiting for them.




To all the yeeboes quoting me, aint gonna dignify your pathetic souls with a response. Ori gbogbo yin ti buru.

E be like say u miss road enta here. Abeg read d post again

When will they realise we don't need cheaper call rates but instead cheaper data rate,nobody make phone calls like before .100 naira for 1gb is not bad at all rara.

futurewise11:
I think the NCC got it wrong here.Introducing price cap is not an effective government intervention tool.Firstly, Its known in the economist world that price floor mostly benefit the supplier(Telecommunication Company).

Why not let the forces of the market determine the price?

Why not use tax as the government intervention tools?thereby generating billions of naira for the govt.

Instead they use Price floor to exploit the public and get there share from the companies.

May God help Nigeria.

Futurewise11
European School of Business

NCC wasn't wrong about the decision to introduce price caps. They did it to protect subscribers in the long run. If they didn't regulate the unhealthy competition, the big players will drive out the weak and new players. In the long run they will operate unchallenged and charge whatever they want. Remember the era when we billed by the minute until glo entered the game.

so na ncc be our problem for this country while we are shouting that tele operators are killing us with high data rate.

which type of country does this? eh. ncc are monkeys and Nigeria itself is a zoo.

nonsense

Bekwarra:
When will IPOB protest Nnamdi Kanu's arrest in
Lagos? Since Yeboes own Lagos, they should stage a
huge 1 million man march in Lagos nah. We are
waiting for the





To all the yeeboes quoting me, aint gonna dignify your pathetic souls with a response. Ori gbogbo yin ti buru.

Dey ar Cowards / Slaves, Dey Ar Only Gud At Running Dia Mouth.


Dey Even Threatened Dat Dey Will Burn Down Nigeria Embassy In India Yesterday , But As Am Talking Not A Single Match Stick As Been Strike .


It Goes To Confirm Dat D Igbos Ar Cowards.




#igbosthirdclasscitizens

[quote author=Bekwarra post=39431641]When will IPOB protest Nnamdi Kanu's arrest in
Lagos? Since Yeboes own Lagos, they should stage a
huge 1 million man march in Lagos nah. We are
waiting for them.

Oh you forgot to take the morning pills, may be it has started again.. pls someone should cage him.

Bekwarra:
When will IPOB protest Nnamdi Kanu's arrest in
Lagos? Since Yeboes own Lagos, they should stage a
huge 1 million man march in Lagos nah. We are
waiting for them.




To all the yeeboes quoting me, aint gonna dignify your pathetic souls with a response. Ori gbogbo yin ti buru.

How did you escape from the psychiatry?

Useless, lazy, hopeless, wicked, envious, bitter and unproductive yorub@stard.


You're fathers ghonorea infected sperm caused your disfunctional brain.


Yorub@stards are idio.tic cowards of the greatest order.

flamingtiger:



Is that not why the "data floor price " was withdrawn?

why are u asking that question? withdrawal or no withdrawal, was it suppose to be their before? if not that we are our own nemesis.

Ojisik:


I hope it also doesn't give them permission to charge HIGHER than the set HIGHEST industry prices.

the removal of floor price means the telecom operators can now decide to sell at at any price they wish to sell.
It's a very good development and I believe we are going to see slashes in prices of data.

Cc Buhari!
Adeshina et al

The head of NCC should be sacked asap!
The revelation in the story shows he is an incompetent and a corrupt buffoon.
The imposition of the data floor price must be investigated thoroughly and the telecoms company that manipulated NCC to do this must be sanctioned!

undercurrent:
This NCC seems to be the problem than the solution.
They blocked Mtn's magic number, trutalk + and ipulse low tarriffs just to protect the other lowsy competitors. NWhose side are they on sef?

ncc are on their own side, buh I can relate to what is s going on though, imaging mtn bringing their prices very low cause dey have enough cash to absorb the loses, oda marketers can't compete as every1 will port to mtn, d odas leave, making mtn d only 1 available, mtn increases their prices back to outrageous status, ....... na we go lose last last. ......

just speculating though

Ncc is obviously just a bunch of bribed fools who dunno what their duties are, they seem confused and extremely incompetent.
Smh!

bumi10:




why are u asking that question? withdrawal or no withdrawal, was it suppose to be their before? if not that we are our own nemesis.

the NCC innocently used that to help the thriving ones in order to create a balance.

futurewise11:
I think the NCC got it wrong here.Introducing price cap is not an effective government intervention tool.Firstly, Its known in the economist world that price floor mostly benefit the supplier(Telecommunication Company).

Why not let the forces of the market determine the price?

Why not use tax as the government intervention tools?thereby generating billions of naira for the govt.

Instead they use Price floor to exploit the public and get there share from the companies.

May God help Nigeria.

Futurewise11
European School of Business

Without regulations you'd have monopolies and user islands which will stifle the industry and drive others out of business which in turn will make the industry unattractive and drive away tax revenues and growth.

Regulators protect consumers from predatory businesses. But they also have an obligation to protect businesses from themselves.

If a utility provider is allowed to set prices ridiculously lower than everyone else because it has the economies of scale or the verticality to do that, people would leave all other businesses and migrate to the cheaper option and create user islands. For example if.MTN says pay 200 naira and enjoy free MTN to MTN calls for 7 days most people would ditch their existing carriers and run to MTN or they'd limit their calls to within the MTN user base. This will negatively affect the smaller companies.

But at least now data might be cheaper. As it is now it's even cheaper than in the US (although carriers there have.more honest metering. They dont have vampire drain where your data just keeps bleeding out even if you're offline)