MTN denies increasing prices of recharge cards

MTN Nigeria, has revealed that the face value of all its recharge card denominations remains the same.

Corporate Services Executive, MTN Nigeria, Mr. Wale Goodluck in an interview said “We have not effected a price increase and the retail prices of the various denominations of our recharge cards and recharge vouchers remain the same".

The recharge vouchers come in denominations of N1,500, N750, N400, N200 and N100.

Goodluck was speaking against the backdrop of reports that MTN recharge cards were being sold at prices above their face value in some parts of the country.

 “Any such hike,” said Goodluck, “is contrary to MTN’s wishes or knowledge. MTN has a well-established distribution structure and all our authorised partners within this structure are obliged to sell recharge cards at their face value. Any variance from the authorised face value of recharge cards is without MTN’s knowledge or authority.”

MTN said its 55 million customers could purchase airtime via recharge cards or recharge vouchers as well as through a virtual top up.

It explained that the airtime recharge options were generally distributed via a very extensive trade and distribution network, which has over the years, successfully enhanced accessibility to airtime and customer convenience.