MTN, dealers differ over voucher prices

MTN

MTN Nigeria insist it had not increased the price of its physical recharge vouchers despite such suggestion by dealers.
According to market surveys in Lagos, while Vouchers of other networks operators sells for same value price, MTN N400 N750, N1,000   and N1,500 are sold with an additional N50 across the board.
Some dealers told our correspondent that most customers no longer bought MTN vouchers from them because of the additional N50 placed on the physical vouchers.
Emeka Uwadibia, who sells recharge at Iyana Ipaja said he had since stop selling MTN recharge cards because no one bought them with the additional price on the face value.
'Nobody wants to buy a recharged cards for N400 for N430 0r N450 I buy for N400 Voucher form a major dealer for N420. Since  i must make my own gain, i sell at N440 or N450. Initially customers were complains but they are still buying from me. Last week, i decided to stop selling all MTN vouchers since nobody is buying them again" he said.
"Before we buy them at discount amount. But now every major dealers in the market top the price of all MTN Vouchers," he add.
However, MTN has maintained that it had not increased the price of its physical Vouchers.
 Corporate Service Executive, MTN, Wale Goodluck, Said, " We have not effected a price increase and the retail price of the various decontamination of our recharge vouchers remain the same. Our recharge vouchers come in the N100, and must sold at the face value."
Goodluck said taht any hike was contrary to MTN's wishes or knowledge
"any variance from the authorised face value of recharge cards it without MTN's Knowledge and authority," he add.