Reps approve Pay-As-You-Go for DSTV and other services, as well as price reductions.
On Thursday, the House of Representatives approved a pay-as-you-go model for DSTV and other cable TV operators in the country, as well as a price drop.
The Adhoc Committee on Non–Implementation of Pay–As–You–proposals Go’s were evaluated and adopted by the lower chamber.
The report was presented to the House on Wednesday by Rep Unyime Idem, the Committee’s Chairman, and it was discussed during plenary.
The House urged the Federal Government to move quickly to put the National Broadcasting Code (NBC) and the Nigeria Information Policy of 2014 into effect.
According to the House, this would result in healthy industry competitiveness.
The House stated that timely government regulatory intervention measures would revolutionise the sector and meet demand for pay-as-you-go, pay-per-view, and lower prices.
The increase in subscription rates was attributed to the 2.5 percent increase in VAT imposed by the Financial Amendment Act of January 13, 2020, as well as the fluctuating foreign currency rate.
Other concerns included broadcast equipment, experienced recruitment, and technological infrastructure, as well as a rise in bouquets to provide a greater selection, cost of production inflation, and the necessity to keep the employees.