froz:
With the launch of latest Pay TV operator in Nigeria, TStv Africa, DStv, StarTimes and other existing service providers are unsettled by the immediate response of the Federal Government in granting a three-year tax relief to the newly inaugurated Pay TV operator in the country as well as tax-free dividends to all investors in the company.

The development has already triggered panic among old operators who have been competing for market shares in the face of harsh economic environment in the country.

Their fear is not unconnected to the belief that the new operator would before long break the strength of monopoly they have been riding on over the years.

A reliable source from one of the Pay TV service providers, who preferred anonymity, told INDEPENDENT that steps are being taken by the existing operators to request for a better deal from the Federal Government.

According to him, “You don’t expect those who have laboured hard in the country for people to enjoy this unique service to just be ignored like that. It will not be a fair deal if significant relief is given to a new entrant into the market without the same or better consideration extended to us who have the taken the industry’s heat over the years.”

On Sunday night, at a dinner to mark the official unveiling of TStv Africa in Abuja, Lai Mohammed, Minister of Information and Culture, announced the three-year tax relief for the new company.

During the official unveiling of the new company and its products which promises to operate on Pay-As-You-Consume model, the minister said the tax reliefs were in line with the pioneer status recently granted to the creative industry by the government.

He congratulated the Chief Executive Officer (CEO) of the company, Bright Echefu, and his team for liberalising and breaking the monopoly of Pay TV in the country.

The minister said: “The important thing about what Echefu has done today is that he has redefined the pay per view television industry; and from today, that industry will never remain the same again. What he has done is to democratise the media and entertainment industry and make it possible for even a peasant farmer to have access to the best entertainment and news in the world.

“It is a great opportunity for me to be the one to unveil TStv, because, just like a Nigerian made history by crashing the cost of telephony in Nigeria, I am glad that another Nigerian is now coming forward to crash the cost of Pay TV,” he said.

Wholly Nigerian-owned, the frenzy about the Pay TV has been spreading in the last few days before the official launch because of the anticipated refined offerings of novel unclassified Pay Per View subscription and complimentary internet services the operator is promising potential customers across the country.

With the commercial launch, industry watchers have posited that it would win over a lot of customers who have been itching for a pay-as-you-watch subscription plan from the likes of DStv, StarTimes, Consat and others in the past years without a positive response.

When INDEPENDENT contacted the National Broadcasting Commission (NBC) spokesperson, Maimuna Jimada, if other Pay TV operators would be considered for the relief measure, she said the commission cannot comment on the development.

“It is the minister of information and culture that made the announcement. He is the one that can explain better,” she quipped.

Mohammed commended the courage of the investor for coming from the Diaspora to invest in his country and for believing in the government’s seriousness about diversifying the economy.

He said the company had also demonstrated that government alone could not do all things but needed the participation and synergy of the private sector.

The minister also stated that the government was aware of the huge contributions of the creative industry to the nation’s economy and would continue to support the sector.

“I want to assure that this administration will continue to assist you and other investors in creating the enabling environment for businesses to grow,” he added.

In his remarks, the Chief Executive Officer of the company, Bright Echefu, disclosed that TStv Africa, which had gone through a lot of challenges, was birth to liberalise Pay TV in the country, make it affordable to every Nigerian with added values.

Echefu said for the first time, Nigerians could now enjoy Pay Per View because with TStv, “subscription runs as you watch and it has the facility to pause your subscription when you travel”.

He said that TStv for a start has 70 premium channels model with the cheapest pay TV in Africa with maximum subscription fee of N3,000 only. The Pay TV has a model that accommodate subscription as low as N200 and N500 for a period of time.

Echefu said that once a customer subscribes to TStv, he or she will also get complimentary internet service, enabled Wi-Fi, as well as video calls and video conferencing services.

TStv has an array of amazing TV channels with premium entertainment, educative programmes that cut across all genres which include news, music, general entertainment, documentary, movies, religious, sports, health, kids, fashion and lifestyle that better define the uniqueness of Nigeria’s diverse culture and traditional values.

The minister has, however, identified contents and the lack of objective audience measurement as major challenges that had retarded the growth of TV and advertising industries in the country.

SOURCE: https://brandspurng.com/dstv-startimes-others-question-fg-tax-relief-to-tstv-africa/

NEPA AKA EEDC WILL SOON GO ONE DAY

It shows the competition is real.

luorquay:
Bia dstv should shut up dia. All the money wey dem don enjoy for naija over the years never pass tax relief??

i hate dstv with passion

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God prepareth a table before tstv in the presence of her enemies

froz:
With the launch of latest Pay TV operator in Nigeria, TStv Africa, DStv, StarTimes and other existing service providers are unsettled by the immediate response of the Federal Government in granting a three-year tax relief to the newly inaugurated Pay TV operator in the country as well as tax-free dividends to all investors in the company.


A reliable source from one of the Pay TV service providers, who preferred anonymity, told INDEPENDENT that steps are being taken by the existing operators to request for a better deal from the Federal Government.






SOURCE: https://brandspurng.com/dstv-startimes-others-question-fg-tax-relief-to-tstv-africa/

The moment a media house or blog wants to spread lies and peddle rumour, they come up with these lines

Bad belle at its peak

will TSTV bin showing premier league and all d music stations like Dstv?cos am not understanding dis

Dstv to startime be like the enemy of my enemies is my friend,

Has anyone notice dstv din det sit up now on gotv they returning missing station gradually God prunise then

luorquay:
Bia dstv should shut up dia. All the money wey dem don enjoy for naija over the years never pass tax relief??

Govt is wrong here

I hope they have the broadcast right for EPL, laliga and champions league because this is the catch for DSTV. I hope it's not initial gragra like the one HITV did before they kaputt. Competition with DSTV nor be yam ooooo.

make dem go die dstv

segebase:
THANKS TO BUBU

for?

Na startimes own dey pain me pass, I don dump them

Hmmm

God bless TStv

If DSTV wants tax relief, They should return all the profit the made through monopoly.
Nonsense

How Nigerian companies have been granted tax relief in South Africa? @DSTV. if Startimes is complaining, it's understandable but DSTV? Abeg make dem no make me vex.

bwehdoneit:
How Nigerian companies have been granted tax relief in South Africa? @DSTV. if Startimes is complaining, it's understandable but DSTV? Abeg make dem no make me vex.

even starimes is Chinese company they are just doing it in conjunction with nta, Nigeria must support indegenous companies

have you all not read about indigenization when in ss2 in comnerce and trade.....AWON PEPPER DEM GANG....OLE...

Imagine there are also "fake" Reports about their illegal acquisition of beIN channels.

Chai Nigeria

Oshe

When God butter ur bread and ur enemies be like......No way, na we suppose get da butter

E pain dem..

I am always happy when Nigerians come together to support our own thing , despite the little disappointment we are getting from TSTV for not functioning yet since they officially launched , Nigerians still believe in them and still pray for their success ... this is a good sign that we are better as one Nigeria... I wish TSTV best of luck in their service tendering ... God bless TSTV , God bless Nigeria

DSTV Vs TSTV.

Nigerians should be smart and careful. People must learn the power of monopoly. There are strong indication that DSTV is about to crash her Premium Subscription price from #14,000 to #7500 and people are rejoicing already. Look, the move is simply a recipe to kill TSTV and by the time they are done killing the new big boy in town, the price returns to where it was, formerly.

Lest we forget Dangote single handedly killed the cement industry with his price crash. Now the same cement he once sold at #1000 is back to #2500.

Can we just be smart for once.

Credit : Adepitan Xwizade Bero/ Copied from Facebook.

talk2percy:
Dstv, the why is because, this one is a Nigerian thing and for Nigerians. And the ripping off u heartlessly meted out to us for years don do. It means our mumu don do...it's either u guys bring ur full bouquet down to 1k or watch ur company fold. All of us dey throway our dstv decoder for TSTV decoder...lol. Dstv, how u see am?

yes ooooo..... TSTV as come to stay ... jealousy kill DSTV , Bomb fall on DSTV .... Long life the new baby TSTV

So,if I pay U N1600,you go give me 6gig data?
Even with this ya suspicious moniker wey U register today?
Oya,send d data first,make I pay U.

honestly..if I must say the truth..there is no provision for easy tax holiday for any investment in nigeria whether by domestic or foreign investment. what they have is concessions from tax for any investment that comes on stream and dominate the sector it entered into..its evidence mtn got it cuz of its massive investment and dominance, dangote cement should get it also,..but na na na na..not for tstv.this is called unfair favouritism. same was not done for telecom late comer ; Etisalat..hence it struggled with market share and eventually collapsed