12/01/2021
BRIEF INTRODUCTION TO NIGERIA RECHARGE AND GET PAID (RAGP)
Recharge and get paid Ltd is a limited liability company incorporated by the CAC in August 2015 and licensed by the NCC on 22nd March 2016 to carry out telecommunications business in Nigeria. Recharge and get paid Ltd has also obtained the distributorship licence of all the Four major GSM network providers in Nigeria to distribute their recharge card digitally. As the name implies, it means when You recharge your own phone, You will be paid a cash discount.
RAGP Mission Statement
“To create wealth for the people, through our superb products & unique compensation plan, create employment….”
Explanation of RAGP mission statement
– to create wealth for the people. Who are these people? It’s simply the 140million Nigerians who are actively using GSM; recharging their phones and subscribing for data since 2001 without cash discount or any form of a cash reward.
– RAGP superb products. Our product is recharge card, which almost everyone uses.
– unique compensation plan: for those who can do the networking aspect, which is not compulsory anyway, RAGP has the best compensation plan in Nigeria now.
– Creating employment: so many jobless graduates have found work doing RAGP business.
Huge Market potential of recharge card in Nigeria
Nigeria has close to 140M active GSM users, more than 100M out of this are connected to the internet. These 140M people contribute close to ₦100bn daily through airtime and data subscription. I bought MTN Lumos inverter recently and discovered that one has to use MTN recharge card for a subscription to get electric power 24/7. Half of this ₦100bn go to airtime vendors. This is what the banks saw and started selling recharge card through VTU.
Why You shouldn’t recharge from your bank account
Many people erroneously believe that their banks don’t charge them extra amount when they recharge directly from their account which is lie.its bcos of it's benefit dat makes bank engage in it
