In 2017, an estimated 92 million mobile subscribers spent an average of ₦197 billion on mobile data each month, translating to ₦2,141 per subscriber. This might seem inexpensive when compared to other goods and services but is equivalent to 12% of the current national minimum wage of ₦18,000 and 7% of the proposed wage of ₦30,000.
According to the Alliance for Affordable Internet (A4AI), affordable data means that the cost of 1GB must not cost more than 2% of monthly income. In the absence of reliable estimates of median monthly income, we can rely on the minimum wage. With a minimum wage of ₦30,000, 1GB should cost no more than ₦600; thus the current average rate of 1GB for ₦1,000 is well over the A4AI standard.
So why is Data so expensive in Nigeria. This question and more we will answer in this episode.