• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Unbelievable! Sim Cards Sell For N15,000 As Mobile Phone Users Turn To Black Market

Unbelievable! Sim Cards Sell For N15,000 As Mobile Phone Users Turn To Black Market

5 years ago
Ethiopian Airlines Seals Dreamliner Deal With Boeing

Ethiopian Airlines Seals Dreamliner Deal With Boeing

6 hours ago
AFC Secures $100m Loan For Infrastructure, Industrial Projects Across Africa

AFC Secures $100m Loan For Infrastructure, Industrial Projects Across Africa

13 hours ago
Malaria Vaccination Initiative Kicks Off In Benin, Liberia, And Sierra Leone

Nigeria’s Vaccine Bill Hits $150m As Donor Support Declines

13 hours ago
Taiwan’s President Cites Pressure From China For Cancelling Trip To Africa

Taiwan’s President Cites Pressure From China For Cancelling Trip To Africa

14 hours ago
Nigeria: President Tinubu Sacks Finance Minister

Nigeria: President Tinubu Sacks Finance Minister

16 hours ago
Wednesday, April 22, 2026
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    President Lula Slams Trump Rejection Of South Africa At G20 Summit

    President Lula Slams Trump Rejection Of South Africa At G20 Summit

    Senegal Says Ex-President Sall Has No Home Support For UNSG Candidacy

    Senegal: Ex-President Macky Sall To Be Grilled This Week For UN Top Job

    President Mahama Congratulates Congo’s Counterpart On Inauguration

    President Mahama Congratulates Congo’s Counterpart On Inauguration

    Cameroon: President Biya Returns Home After 42 Days Absence

    Cameroon: Biya Signs New Law That Restores Vice Presidency

    Ramaphosa Appoints New Ambassador To US After Rasool’s Expulsion 

    Ramaphosa Appoints New Ambassador To US After Rasool’s Expulsion 

    Benin: Opposition Candidate Concedes Defeat To Finance Minister

    Benin: Opposition Candidate Concedes Defeat To Finance Minister

    Benin: Vote Counting Underway As Election Ends

    Benin: Vote Counting Underway As Election Ends

    Djibouti: President Guelleh Wins Record 6th Term With 97.8% Of Vote

    Djibouti: President Guelleh Wins Record 6th Term With 97.8% Of Vote

    Senegal: PM Sonko Says He Prefers Being Head Of Govt, Not Leader Of Parliament

    Senegalese PM Accuses Trump Of Plunging The World Into Chaos

  • Economy
    Ethiopian Airlines Seals Dreamliner Deal With Boeing

    Ethiopian Airlines Seals Dreamliner Deal With Boeing

    Nigeria: President Tinubu Sacks Finance Minister

    Nigeria: President Tinubu Sacks Finance Minister

    World Bank Advocates Debt Relief For Countries Owing Over $8.7trn

    Nigeria: Govt Dismisses ‘Hidden Spending’ Claims, Says World Bank Report Misread

    Kenya: Ruto Orders Shooting Of Protesters Attacking Businesses

    Kenya Seeks World Bank’s Assistance As Iran’s War Bites Harder

    IMF Raises Concern Over Nigeria’s Growing Debt Burden Under Tinubu

    IMF Raises Concern Over Nigeria’s Growing Debt Burden Under Tinubu

    ‘Africa Is No Longer Potential, It Is Reality’ — Adesina Delivers Stirring Message After Lifetime Honour

    ‘Africa Is No Longer Potential, It Is Reality’ — Adesina Delivers Stirring Message After Lifetime Honour

    Six Nigerian Airlines Form ‘Spring Alliance’ To Tackle Flight Delays, Cancellation

    Nigeria: Airlines Threaten Shutdown Over Soaring Aviation Fuel Costs

    Ghana: Finance Minister Highlights Country’s Economic Rebound At IMF/World Bank Spring Meetings

    Ghana: Finance Minister Highlights Country’s Economic Rebound At IMF/World Bank Spring Meetings

    Nigeria: Ex-President Obasanjo Blames Economic Illiteracy For Africa’s Stalled Development

    Africa Must Take Control Of Its Energy Future – Obasanjo  

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    President Lula Slams Trump Rejection Of South Africa At G20 Summit

    President Lula Slams Trump Rejection Of South Africa At G20 Summit

    Senegal Says Ex-President Sall Has No Home Support For UNSG Candidacy

    Senegal: Ex-President Macky Sall To Be Grilled This Week For UN Top Job

    President Mahama Congratulates Congo’s Counterpart On Inauguration

    President Mahama Congratulates Congo’s Counterpart On Inauguration

    Cameroon: President Biya Returns Home After 42 Days Absence

    Cameroon: Biya Signs New Law That Restores Vice Presidency

    Ramaphosa Appoints New Ambassador To US After Rasool’s Expulsion 

    Ramaphosa Appoints New Ambassador To US After Rasool’s Expulsion 

    Benin: Opposition Candidate Concedes Defeat To Finance Minister

    Benin: Opposition Candidate Concedes Defeat To Finance Minister

    Benin: Vote Counting Underway As Election Ends

    Benin: Vote Counting Underway As Election Ends

    Djibouti: President Guelleh Wins Record 6th Term With 97.8% Of Vote

    Djibouti: President Guelleh Wins Record 6th Term With 97.8% Of Vote

    Senegal: PM Sonko Says He Prefers Being Head Of Govt, Not Leader Of Parliament

    Senegalese PM Accuses Trump Of Plunging The World Into Chaos

  • Economy
    Ethiopian Airlines Seals Dreamliner Deal With Boeing

    Ethiopian Airlines Seals Dreamliner Deal With Boeing

    Nigeria: President Tinubu Sacks Finance Minister

    Nigeria: President Tinubu Sacks Finance Minister

    World Bank Advocates Debt Relief For Countries Owing Over $8.7trn

    Nigeria: Govt Dismisses ‘Hidden Spending’ Claims, Says World Bank Report Misread

    Kenya: Ruto Orders Shooting Of Protesters Attacking Businesses

    Kenya Seeks World Bank’s Assistance As Iran’s War Bites Harder

    IMF Raises Concern Over Nigeria’s Growing Debt Burden Under Tinubu

    IMF Raises Concern Over Nigeria’s Growing Debt Burden Under Tinubu

    ‘Africa Is No Longer Potential, It Is Reality’ — Adesina Delivers Stirring Message After Lifetime Honour

    ‘Africa Is No Longer Potential, It Is Reality’ — Adesina Delivers Stirring Message After Lifetime Honour

    Six Nigerian Airlines Form ‘Spring Alliance’ To Tackle Flight Delays, Cancellation

    Nigeria: Airlines Threaten Shutdown Over Soaring Aviation Fuel Costs

    Ghana: Finance Minister Highlights Country’s Economic Rebound At IMF/World Bank Spring Meetings

    Ghana: Finance Minister Highlights Country’s Economic Rebound At IMF/World Bank Spring Meetings

    Nigeria: Ex-President Obasanjo Blames Economic Illiteracy For Africa’s Stalled Development

    Africa Must Take Control Of Its Energy Future – Obasanjo  

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

Unbelievable! Sim Cards Sell For N15,000 As Mobile Phone Users Turn To Black Market

April 26, 2021
in Technology and Science, Top Stories
0
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The ban on the sale and stringent conditions for registration of new Subscriber Identity Module (SIM) cards has created a huge black market for the sale of pre-registered SIM cards with prices ranging as high as N15,000 for a card, The Nation reports.

On December 9th last year, the Federal Government, through the Minister of Communications and Digital Economy, Dr Ibrahim Pantami ordered a ban on the sale and registration of new SIM cards. Government threatened to mete out heavy sanctions on them including revocation of operating licences should any of them be found on the side of infractions.

Relatedreading

Ethiopian Airlines Seals Dreamliner Deal With Boeing

AFC Secures $100m Loan For Infrastructure, Industrial Projects Across Africa

The Nation’s review at the weekend however showed that as long as the ban persisted, sellers took advantage to market their pre-registered SIM cards in various regions. Even with the lifting of the bank last week, the black market remained active, although the announcement of the lifting of the ban led to a significant crash in the cost of pre-registered SIM card from about N15,000 to N2,000.

From Ibadan, Abuja, Lagos, Kano and Kontogora, pre-registered SIM cards for the mobile networks were still on sale, especially through decentralised outlets.

An Abuja based young techpreneur said he had to pay N10,000 to stay connected because the legal way to acquire a new SIM card had been blocked.

Another US returnee in Lagos said he paid about N15,000 to get a SIM card to be able to link up with his families across the country and back in the states.

“Men, I got to be connected. I can’t imagine being blacked out indefinitely because the government ban had no timeline attached to it. So, I had to help myself. Thank God. I am going to destroy the SIM when I am going out of the country because it must have performed its duties,” he said.

But at the weekend, a SIM card seller on the outskirts of Lagos said he has no new SIM cards that are not pre-registered. “I just have the SIM card of one of the network service providers with me and it is already pre-registered. I heard the government has lifted the ban on the sale of new SIM cards but I am yet to hear from the agent I work for. The price of the SIM card I have now is N2000. It has dropped from about N10,000 last two months to N2,000 may be because of the new government directive,” he said.

In the Wuse area of Abuja, a SIM card retailer on condition of anonymity, said while the sale of SIM cards is still ongoing, registration has been suspended.

“We were instructed to stop registering new SIM cards until further notice but we were not told not to sell the (pre-registered) SIM cards we have,” he said, ostensibly ignorant of the illegality of his action.

The sale or use of pre-registered SIM card carries a fine or jail term or both, according to the NCC.

For a telecom company, each pre-registered SIM card attracts a penalty of N200,000 and for a user an imprisonment.

A SIM card and airtime seller at Oshodi area said the government’s action will only boost the sale of pre-registered SIM cards in the black market.

“What the government is doing will only boost black market sales. It is because of sudden change in policies like this that many SIM card sellers always have pre-registered lines for anyone that is in desperate need of a SIM to the extent of willing to pay more for it,” she said on condition of anonymity.

According to her, while there may be merit in the government’s decision, it is hurting people who rely on the sale of SIM cards to earn a living.

During the ban, countless people who lost their phones or damaged their SIM cards inadvertently couldn’t retrieve them. Visitors to the country couldn’t get SIMs and businesses that depended on SIM cards sales took a terrific hit.

Millions were thrown out of jobs, sales outlets were shut down while operators lost revenue. “The last five months was indeed a real chokehold on the telecommunications industry,” a sector analyst said.

According to market research, teledensity has decreased from its highest peak of 108.92 per cent at the end of November 2020 and a drop in the number of mobile subscriptions from nearly 208 million to 200.2 million.

Additionally, active internet subscriptions have dipped from nearly 155 million at the end of November 2020 to about 151.2 million at the end of January 2021.

This represents a loss of 3.6 million active internet subscriptions within two months – after over a year of steady growth in active internet subscriptions.

Voice over internet protocol (VoIP) also suffered a similar fate with active subscriptions dropping from 429,121 to 387,169 within the same period.

Furthermore, between November and December 2020 broadband penetration decreased marginally from 45.07per cent to 45.02 per cent. However, between December 2020 and January 2021 Nigeria experienced a major decrease in broadband penetration when it fell to 42.93per cent after the number of broadband subscriptions dropped from nearly 86 million to less than 82 million.

Fixed wired active internet subscriptions in Nigeria continued with steady month-on-month growth from 9,866 at the end of February 2020 to 11,545 at the end of January 2021.

The government had lifted the ban last week with stringent registration conditions of presenting NIN, a decision it said was in line with the country’s revised National Digital Identity Policy for SIM Card Registration.

“An earlier policy was approved on the 4th of February 2020, while the Revised Policy was developed in early March 2021. The final amendments to the revised Policy based on the directives of Mr President to make the use of NIN mandatory for all SIM registration were completed yesterday, 14th of April, 2021,” read an excerpt from Dr Pantami’s statement.

The NCC however said it has started to clampdown on suspected SIM card registration fraudsters engaged in the sale of pre-registered SIM cards as five persons were arrested and handed over to law enforcment agencies.

ShareTweetSend
Previous Post

South East Governors Revisit Restructuring, Ebubeagu, Open Grazing at Sunday’s Security Meeting, See Resolutions

Next Post

ICYMI: See Complete List of All Winners at The 2021 Oscars

Related Posts

Ethiopian Airlines Seals Dreamliner Deal With Boeing

Ethiopian Airlines Seals Dreamliner Deal With Boeing

April 22, 2026
AFC Secures $100m Loan For Infrastructure, Industrial Projects Across Africa

AFC Secures $100m Loan For Infrastructure, Industrial Projects Across Africa

April 21, 2026

Taiwan’s President Cites Pressure From China For Cancelling Trip To Africa

Nigeria: President Tinubu Sacks Finance Minister

Nigeria: Air Force Bombs Terrorists In Sambisa Forest

President Lula Slams Trump Rejection Of South Africa At G20 Summit

Next Post
ICYMI: See Complete List of All Winners at The 2021 Oscars

ICYMI: See Complete List of All Winners at The 2021 Oscars

Please login to join discussion
AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Ethiopian Airlines Seals Dreamliner Deal With Boeing

Ethiopian Airlines Seals Dreamliner Deal With Boeing

April 22, 2026
AFC Secures $100m Loan For Infrastructure, Industrial Projects Across Africa

AFC Secures $100m Loan For Infrastructure, Industrial Projects Across Africa

April 21, 2026
Malaria Vaccination Initiative Kicks Off In Benin, Liberia, And Sierra Leone

Nigeria’s Vaccine Bill Hits $150m As Donor Support Declines

April 21, 2026
Taiwan’s President Cites Pressure From China For Cancelling Trip To Africa

Taiwan’s President Cites Pressure From China For Cancelling Trip To Africa

April 21, 2026
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT
AH 2026 AH 2026 AH 2026

Most Recent

Ethiopian Airlines Seals Dreamliner Deal With Boeing

April 22, 2026

AFC Secures $100m Loan For Infrastructure, Industrial Projects Across Africa

April 21, 2026

Nigeria’s Vaccine Bill Hits $150m As Donor Support Declines

April 21, 2026

Taiwan’s President Cites Pressure From China For Cancelling Trip To Africa

April 21, 2026

Nigeria: President Tinubu Sacks Finance Minister

April 21, 2026

Nigeria: Air Force Bombs Terrorists In Sambisa Forest

April 21, 2026

President Lula Slams Trump Rejection Of South Africa At G20 Summit

April 21, 2026

Israel Faces Criticism For Appointing Ambassador To Somaliland

April 20, 2026

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

One Year of Transformative Stewardship: Walson-Jack’s Innovative Impact on Nigeria’s Civil Service

Africa’s Largest Tech Event, MWC25 Kigali, Returns With Focus On Innovation, Policy

Nadine Djuiko: Meet The Cameroonian Woman Behind Maryland’s Million-Dollar Braiding Empire

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In