Ernerstdavid55:
clowns like u support mediocre leaders.praising dem for dere job they should have done a long time ago..Some countries don't buy data is free

FrLukas:
The only way data prices can drop is if government revived Nigerian Telecoms, NITEL and provides citizens with very cheap 5G data services.

This will crash the market and force others to up their game.

Ernerstdavid55:
clowns like u support mediocre leaders.praising dem for dere job they should have done a long time ago..Some countries don't buy data is free

COMPAQ:


See enemy of progress! So after plenty failed government enterprises like:

NNPC
Refineries
NPA
Nitel
National Stadium
Nicon Noga Hotel (before privatisation)
Eleme petrochemical
Nigerian Airways

Your only solution is for government to float another company that will be a drain on the country?

You are truly a sound economist!

COMPAQ:


Please tell us these countries!

ornicus:
The man is just grandstanding. You cannot force any telco to adjust their rates. The telcos are a perfect free market, you do not like one, you move to another. Each have their own peculiar operating challenges which NCC cannot do anything about.

Regulation of the price of petrol is one of the reasons for moribund refineries and a lack of investment in refineries. Because return on investment is not guaranteed

This is just the man saving face

stormborn28:
nonsense talk... Yet by your statement, Dangote still went ahead to build a refinery...thieves give reasons in order to reap the government of his money... Otedola and Co who have been importing fuel and scamming the government of its resources couldn't build a refinery but Dangote who had never be into fuel importation saw the need to build one.... Nonsense again

ornicus:


Wait for dangote to start streaming , silly boy. You think he is building a billion dollar refinery as a charitable tax write off?

ornicus:
The man is just grandstanding. You cannot force any telco to adjust their rates. The telcos are a perfect free market, you do not like one, you move to another. Each have their own peculiar operating challenges which NCC cannot do anything about.

Regulation of the price of petrol is one of the reasons for moribund refineries and a lack of investment in refineries. Because return on investment is not guaranteed

This is just the man saving face

Awol1:


Honestly, I don't know why it's become a rocket science to make DSTV "pay as go"?

CoolAmbience:




Cost of doing business, either low or high, cannot justify extortion or exploitation.

I am an entrepreneur as well. You don't create wealth for shareholders by reaping people off. Don't forget that government also has a responsibility to protect her citizens, and that is irrespective of ramifications.

Please, drop the price regulation argument as it relates to failure of our refineries. It doesn't hold water. Isn't OPEC regulating volume and setting price at the global stage? Why are there still functional refineries around the world?

As for market forces controlling prices of oil products, the industry is different. The players are few. It isn't the same as with Agriculture, FMCG etc.

Please, economy of scale makes better sense when the cost of doing business is high than when it is so low. Stop being theorical.

And my big question is: why can't the telcos leave when they think the environment isn't benefiting? Why do you prefer that government turn a blind eye to the plight of millions of her citizens to allow telcos 'create wealth' for a few tens of her shareholders?

There is nothing wrong with government calling for necessary adjustments to enhance value for her citizens, absolutely, nothing is wrong with that.

Lucid1:

Where in the world is satellite/cable tv pay as you go? I'm not referring to internet tv.

deenee:



As an entrepreneur I sense you don't fully grasp the entire intricacies involved in doing business especially in Nigeria.

But i won't engage in any form of discourse with you. Shebi you say you are an enteprenuer? Good just tell govt to fix prices for the discharge of the goods and services you intend to make available to the public irrespective of your cost of production.

OPEC also sets prices so there is a level playing ground between thecountries that produce crude. Imagine if the global sale of crude was free for all then big players like Saudi will use their excess supply capacity to drive our small players like Nigeria,Ghana etc so the analogy cannot be used in this discussion.

Instead of the minister blatantly asking for a reduction in prices he should have a round table discussion to see how all the stakeholders can work together to improve service and more importantly ease the cost of doing business

CoolAmbience:



Is it not the same thing? OPEC is protecting the weak oil producing nations. Why are you contradicting things?

Nigeria has the responsibility to protect her citizens against exploitation. Simple.

There is distinction between profit making and exploitation. Don't think that the people in government know nothing about doing business.

There is nothing to justify here. Please, don't lecture me about any intricacies of doing business in Nigeria. I started my business here from zero and I live here. I understand so much about doing business in Nigeria.

I have won national and continental awards, including one from the African Entrepreneurship Awards.

ornicus:


Then start your own telco and give data away for free. It’s a winning business strategy and you will run all those greedy explorative telcos out of business.

ornicus:


Then start your own telco and give data away for free. It’s a winning business strategy and you will run all those greedy explorative telcos out of business.

CoolAmbience:



Is it not the same thing? OPEC is protecting the weak oil producing nations. Why are you contradicting things?

Nigeria has the responsibility to protect her citizens against exploitation. Simple.

There is distinction between profit making and exploitation. Don't think that the people in government know nothing about doing business.

There is nothing to justify here. Please, don't lecture me about any intricacies of doing business in Nigeria. I started my business here from zero and I live here. I understand so much about doing business in Nigeria.

I have won national and continental awards, including one from the African Entrepreneurship Awards.

deenee:



Kpele mr award winner.

The open analogy still does not hold because the price of data varies and you pick and choose according to your capacity.

We need to stop this free for all mentality that we have.telcos are exploiting through data when we even have the one of the lowest data tarrifs

I am also beginning to doubt your clarion call about been an entrepreneur or maybe you are one of those internet entrepreneurs that don't make use of any factors of production and also buy your way through with phoney awards.

Otherwise if you produce employ people and grapple with the issue of double taxation of all cadres of the same govt you will understand

CoolAmbience:



Lol.

You are just ignorant and vexed at government over nothing.

Who talked about free anything? You think you know more than those at the NCC and Ministry?

My award is phoney...show your real awards and lets see whose awards are phoney.

Were the telcos not exploiting Nigerians when they charged the same cost for a call duration of one minute and a call duration of 10 seconds?

Was it not Globacom that turned things around for Nigerians? Or do you want to say that the telcos aren't making profit since they adopted per second billing?

It is glaring that you have got nothing to say.

Government will regulate them, anyone that doesn't want to be regulated can leave.

CoolAmbience:




Cost of doing business, either low or high, cannot justify extortion or exploitation.

I am an entrepreneur as well. You don't create wealth for shareholders by reaping people off. Don't forget that government also has a responsibility to protect her citizens, and that is irrespective of ramifications.

Please, drop the price regulation argument as it relates to failure of our refineries. It doesn't hold water. Isn't OPEC regulating volume and setting price at the global stage? Why are there still functional refineries around the world?

As for market forces controlling prices of oil products, the industry is different. The players are few. It isn't the same as with Agriculture, FMCG etc.

Please, economy of scale makes better sense when the cost of doing business is high than when it is so low. Stop being theorical.

And my big question is: why can't the telcos leave when they think the environment isn't benefiting? Why do you prefer that government turn a blind eye to the plight of millions of her citizens to allow telcos 'create wealth' for a few tens of her shareholders?

There is nothing wrong with government calling for necessary adjustments to enhance value for her citizens, absolutely, nothing is wrong with that.

ornicus:


can you prove this, or are you just pulling this claim out of the ether?
do you even understand the implications of 'tight price control?' in these circumstances where things do not remain equal?
there has been no light for the past two days. was service from the telcos disrupted?

i think we should bring nitel back, so you will understand what a true incompetent monopoly is. when you start queuing by public phone booth to make international calls, your eye will clear

ornicus:


You can regulate quality of service. You cannot regulate price. Is that too much for you to understand? If I choose to charge 2k per Gb , you have the option of moving to a different provider. These are not the days of nitel

Khaleell001:



To read is one thing, but to comprehend is another thing.
I guess you typed this rubbish to spite the efforts of the minister or you just want to sound offish.

Arizonaguy:
The thrash you put up there is meant for the garbage
once you have a competitive market, there is need for sound policies...this will achieve quality of service which will regulate price albeit not directly

DonFreshmoney:
Why the extension?? Zombie minister..

But he wont extend looting our resources

ornicus:


So many business illiterates. Anyway, let us wait and see. These are the same class of jokers that were waiting on tstv.

They should bring nitel back specially for you entitled nitwits. In the end Nigerians get the service they deserve

DonFreshmoney:
Why the extension?? Zombie minister..

But he wont extend looting our resources

SC31:

So you're saying as a business owner, if your cost of operation is N50 as at today and you charge N60, you would still charge N60 when it becomes N100 tomorrow?

Clamouring for a reduced price is good, but you need to also consider my cost of operation. Would you be giving me diesel or feul at a subsidized rate or even tax?