Banks Make N30bn Monthly Selling VTU Recharge Cards, as Telecom Companies Rake in N21.4Trillion Yearly – RAGP Ambassador
Lagosreporter
Posted On August 22, 2020
By Emmanuel Udom
David Mobolaji, ambassador, Rechargeandgetpaid said today in Ifo, Ogun state, south-west Nigeria that banks operating in Nigeria are making a whopping N30billion every month selling virtual recharge cards to their numerous customers.
www.csomedia.com.ng however noted that this is coming as check reveals that the telecommunications companies-MTN, Airtel, 9Mobile, Glo, are also raking in about N21.4triilion every year from the estimated 250million active users in Nigeria with a population of over 200million people.
The RAGP ambassador, while calling on the participants at the seminar to key into trillion naira business in the telecoms sector using their smart phones, said interested persons stand to gain a lot when they register on the rechargeandgetpaid portal.
His words: “Research has shown that people prefer to buy recharge cards daily than to eat or take care of their health and so those who partner with RAGP paid are likely to make 20% from bringing others into their networks using their referrals”.
