Business
MTN Attempts To Adjust Price Back After Public Backlash And Complaints
The Nigerian Economy finally hits the telecommunication world as companies such as MTN and Airtel increase charge for airtime.
Users of MTN lamented as the price of its 15Gb data plan was taken from 2000 Naira to 6000 Naira. This was not the only change made as prices of other data plans rises significantly.
Customers around Nigeria moan and lament about the Nigerian economy as it now affects another part of their daily lives.
The 50% increase in tariff has now stirred up the public as they call it “insensitive” and “unfair”.
Due to the backlash received from the public, MTN addresses the issue and apologizes to its customers for the sudden change.
“We understand that it might not make it better. We admit that this was a mistake.” MTN speaks after trying to adjust the price back to the original price.
The Federal Government trains 500 women and youths in food production and agriculture. The programme was started to support food security.
The Federal Ministry of Agriculture and Food Security partnered with the National Horticultural Research Institute (NIHORT).
The women and youths were taught tomato, okra and Telfairia production techniques. The government believes this will help boost agriculture, improve food production and strengthen the economy in Ogun State.
According to reports, fuel stations are reducing their prices a bit. This has become a general thing around Nigeria after the spike due to the removal of subsidy.
The prices are dropping to ₦1,275 and ₦1,299, going lower than ₦1,300 compared to what it was before.
MTN has moved closer to acquiring IHS Holding, following shareholder approval of the proposed takeover, marking another major milestone in the transaction.
The approval was secured during the Extraordinary General Meeting (EGM) held on 4 August, allowing the deal to progress to the next stage.
If completed, the acquisition is expected to strengthen MTN’s infrastructure capabilities by giving the company greater control over its telecommunications tower assets. Industry analysts believe the move could improve network efficiency, reduce long-term operating costs, and support MTN’s continued expansion across its markets.
The transaction is still subject to regulatory approvals and other closing conditions before it can be officially completed.
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