August 25, 2020
By Abiola Odutola

This was disclosed by the Director-General, NTA, Yakubu Ibn Mohammed while he was questioned by the Senate Joint committee on Finance and National Planning on Monday.

The Senate queried the management of NTA over what it called 11 years non-profitable venture with StarTimes.

StarTimes is a Chinese electronics and media company with a strong presence in Africa. It offers digital terrestrial television and satellite television services to consumers, provides technologies to countries and broadcasters that are switching from analog to digital television.

Chairman, Senate Joint committee on Finance and National Planning, Senator Solomon Adeola, asked, “Mr DG are you telling this committee that for solid 11 years, the joint venture agreement NTA had with StarTimes has not yielded any profit despite using your facilities for over one million subscribers.

https://nairametrics.com/2020/08/25/startimes-nta-venture-yields-no-profit-in-11-years-dg-nta/

And the Chinese didn't pull out all this while



Nigeria has special type of criminals, I swear

No problem for APC as long as they are pro Buhari

Every Civil Servant in this country is as corrupt as the Politicians we abuse

Dis country is jus beyond redemption... We have a den of thieves at the helm of affairs running things in every sector of dis country..

You see the reason why any investment government is involved is never profitable, because all what the government representatives will be doing is making returns to themselves while the government looses, imagine 11 years. I know a star time super dealer who built houses and he is still doing well in his business as a dealer

I believe them though

Ibadansun1:
And the Chinese didn't pull out all this while



Nigeria has special type of criminals, I swear

Even Uber hasnt made a profit since inception and they are still in Business ...That the difference between them and us, they persevere till their business model blooms

No profit from NTA, am I surprise? Capital NO

GamalNasser:


Even Uber hasnt made a profit since inception and they are still in Business ...That the difference between them and us, they persevere till their business model blooms

Baba, do you know when Startimes has been in business?

Ibadansun1:
Baba, do you know when Startimes has been in business?

Uber started Business in 2009 and Startimes came to Nigeria in 2010. So Uber has even stayed longer without profit

NTA should be privatised

NTA, what a channel. Sometimes when I want to be angry I switch to nta and look at the picture quality and I will automatically be angry. Sometimes when I want to laugh I do the same thing and look at the picture quality and i will start laughing. NTA, what an eyesore of a channel.