All MTN recharge card vendors may end up having zero profit if they sell at face-value prices. Yea! N100 and N200 naira MTN recharge cards are now being sold for N110 naira and N210 respectively by some sellers. But the big question is "why?"

I've been to a lot of recharge card sellers kiosks and once they announce to a customer that they sell at N110, some of them murmur and walk away, calling them thieves. But this is not the fault of the sellers, as you can't run a business without profit.

With MTN claiming they're not responsible for the price increment and also advising customers to buy face value prices only, this knot is becoming more complicated. I guess you saw the SMS they sent.

http://www.techpaded.com.ng/2017/04/why-mtn-recharge-cards-are-still-been.html

Buy from your bank account and no noise

That's cos mtn are scammers

The image above best describes the situation petty sellers are facing. They are barely making 20 naira gain, and that's why I appreciate Glo for keeping their price stable at N950, giving sellers N50 gain without selling for N110.

probably your location. I've always bought airtime for the exact amount they're worth

delta state newspaper ad
lalasticlala

The truth of the matter is that the chain of distribution is long in Nigeria. Some dealers are considering high cost of printing paper and other things. The fact still remains that retailers are not making profit at all but just managing to sell to keep body and soul. I would advise customers to buy electronically but should be careful so as not exhaust their account if they had used bank ussd code