The Federal Government
has granted a 3-year tax relief to the newly inaugurated Pay TV operator
in the country, TStv Africa, as well as tax free dividends to all
investors in the company.
Lai Mohammed
The Minister of Information and Culture, Alhaji Lai Mohammed, announced
this on Sunday night in Abuja at a dinner to mark the official unveiling
of the new company.
TStv Africa is a wholly owned Nigerian Pay TV operator with refined
offerings of novel Unclassified Pay Per View subscription and
complimentary internet services.
Mohammed, who performed the official unveiling of the new company and
its products, said the tax reliefs were in line with the Pioneer Status
recently granted to the Creative Industry by the federal government.
The minister congratulated the Chief Executive Officer (CEO) of the
company, Dr Bright Echefu, and his team for liberalising and breaking
the monopoly of Pay TV in the country.
“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.
The minister 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.
“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 said.
The minister said 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.
However, he 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.
“With the liberalisation of the industry, content has become very key
because content determines which channels are being watched and which
are not.
“Another major challenge is how to get an accurate measurement of which
channel is being watched and which is not.
“Kenya and South Africa are about one third of our population but they
do much better in TV and radio advertisement than us because of their
robust audience measurement,” he said.
The minister announced that the National Broadcasting Commission and his
ministry would organise a workshop on Nov. 28 to address the challenge
of audience measurement.
Earlier, Echefu said that TStv Africa, which had gone through a lot of
challenges, was birth to liberalise PayTV in the country, make it
affordable to every Nigerian with added values.
He 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”.
Echefu 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.
He said as a fully Nigerian brand with consideration for the masses,
TStv is not classified and it has a model that accommodate subscription
as low as N200 as N500 for a period of time.
The CEO said TStv came with PVR (Personal Video Recorder) Decoder which
allowed viewers greater control over their viewing experience with
functions like pause, rewind, forward, save and record of programmes of
interest.
Echefu said that once you subscribe to TStv, you will also get
complimentary internet service, enabled Wi-Fi, as well as video calls
and video conferencing services.
“It has an array of amazing TV channels with premium entertainment,
educative programmes that cut across all genres.
“The genres included 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,” he said.
The CEO said TStv which was modelled for Nigerians had come to stay,
assuring that it would not fail and they would deliver on their
promises.
The guests at the ceremony were entertained with live performances by
musicians and comedians.
Among the dignitaries at the event were Gov. Akinwumi Ambode of Lagos
represented by the Permanent Secretary, Lagos State Ministry of
Information and Strategy, Mr Fola Adeyemi, and the Permanent Secretary,
Federal Ministry of Information and Culture, MS Grace Gekpe.
Others were the Director-General of National Orientation Agency, Dr
Garba Abari; former Minister of Aviation, Femi Fani-Kayode; Nollywood
actors including Emeka Ike. Adigwe Okafor, Zack Amata, Dr Opa Williams
and Afeez Oyetoro aka Saka.
NAN
Over 5000 Nigerians to be employed as TSTV launches October 1st
Over 5000 Nigerians to be employed as TSTV launches October 1st
September 29, 2017
Creative industry gets ‘pioneer status’
Creative industry gets ‘pioneer status’
August 13, 2017
Nigeria ready for investments in creative industry — Lai Mohammed
Nigeria ready for investments in creative industry — Lai Mohammed
August 28, 2017
Read Also:
BREAKING: Nigerian Can Now Play The U.S.A Megamillions!24Lottos
Falana - EFCC waiting for you; You're now member of commission, says
Fayose
Breaking: Buhari storms Maiduguri to felicitate with troops
We’ll launch Crocodile Smile in Ogun soon — Army
Oct 1 speech: Ohanaeze, Ezeife, others blast Buhari
The most effective way to lose weight! Special offer for you!Green
Coffee Beans
Scientists tell about the way to lose weight fast on live stream.
ClickGreen Coffee Beans
How To Get Tickets To the $346M U.S Official Mega Millions Lottery
Tickets ?24Lottos
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Comments expressed here do not reflect the opinions of vanguard
newspapers or any employee thereof.
Latest News
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8:42 pmKogi Rice will feed the nation- Govt
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8:33 pmPoverty, ignorance, Nigeria’s problem, not restructuring –
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station
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8:04 pmRestructuring not solution to Nigeria’s challenges – Utomi
7:58 pmEFCC vs Patience Jonathan: Buhari should call Magu to order –
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E-editions
Download Official News App
Read more at: https://www.vanguardngr.com/2017/10/fg-grants-tax-reliefs-tstv-africa/
Read more at: https://www.vanguardngr.com/2017/10/fg-grants-tax-reliefs-tstv-africa/
The Federal Government
has granted a 3-year tax relief to the newly inaugurated Pay TV operator
in the country, TStv Africa, as well as tax free dividends to all
investors in the company.
Lai Mohammed
The Minister of Information and Culture, Alhaji Lai Mohammed, announced
this on Sunday night in Abuja at a dinner to mark the official unveiling
of the new company.
TStv Africa is a wholly owned Nigerian Pay TV operator with refined
offerings of novel Unclassified Pay Per View subscription and
complimentary internet services.
Mohammed, who performed the official unveiling of the new company and
its products, said the tax reliefs were in line with the Pioneer Status
recently granted to the Creative Industry by the federal government.
The minister congratulated the Chief Executive Officer (CEO) of the
company, Dr Bright Echefu, and his team for liberalising and breaking
the monopoly of Pay TV in the country.
“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.
The minister 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.
“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 said.
The minister said 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.
However, he 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.
“With the liberalisation of the industry, content has become very key
because content determines which channels are being watched and which
are not.
“Another major challenge is how to get an accurate measurement of which
channel is being watched and which is not.
“Kenya and South Africa are about one third of our population but they
do much better in TV and radio advertisement than us because of their
robust audience measurement,” he said.
The minister announced that the National Broadcasting Commission and his
ministry would organise a workshop on Nov. 28 to address the challenge
of audience measurement.
Earlier, Echefu said that TStv Africa, which had gone through a lot of
challenges, was birth to liberalise PayTV in the country, make it
affordable to every Nigerian with added values.
He 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”.
Echefu 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.
He said as a fully Nigerian brand with consideration for the masses,
TStv is not classified and it has a model that accommodate subscription
as low as N200 as N500 for a period of time.
The CEO said TStv came with PVR (Personal Video Recorder) Decoder which
allowed viewers greater control over their viewing experience with
functions like pause, rewind, forward, save and record of programmes of
interest.
Echefu said that once you subscribe to TStv, you will also get
complimentary internet service, enabled Wi-Fi, as well as video calls
and video conferencing services.
“It has an array of amazing TV channels with premium entertainment,
educative programmes that cut across all genres.
“The genres included 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,” he said.
The CEO said TStv which was modelled for Nigerians had come to stay,
assuring that it would not fail and they would deliver on their
promises.
The guests at the ceremony were entertained with live performances by
musicians and comedians.
Among the dignitaries at the event were Gov. Akinwumi Ambode of Lagos
represented by the Permanent Secretary, Lagos State Ministry of
Information and Strategy, Mr Fola Adeyemi, and the Permanent Secretary,
Federal Ministry of Information and Culture, MS Grace Gekpe.
Others were the Director-General of National Orientation Agency, Dr
Garba Abari; former Minister of Aviation, Femi Fani-Kayode; Nollywood
actors including Emeka Ike. Adigwe Okafor, Zack Amata, Dr Opa Williams
and Afeez Oyetoro aka Saka.
NAN
Over 5000 Nigerians to be employed as TSTV launches October 1st
Over 5000 Nigerians to be employed as TSTV launches October 1st
September 29, 2017
Creative industry gets ‘pioneer status’
Creative industry gets ‘pioneer status’
August 13, 2017
Nigeria ready for investments in creative industry — Lai Mohammed
Nigeria ready for investments in creative industry — Lai Mohammed
August 28, 2017
Read Also:
BREAKING: Nigerian Can Now Play The U.S.A Megamillions!24Lottos
Falana - EFCC waiting for you; You're now member of commission, says
Fayose
Breaking: Buhari storms Maiduguri to felicitate with troops
We’ll launch Crocodile Smile in Ogun soon — Army
Oct 1 speech: Ohanaeze, Ezeife, others blast Buhari
The most effective way to lose weight! Special offer for you!Green
Coffee Beans
Scientists tell about the way to lose weight fast on live stream.
ClickGreen Coffee Beans
How To Get Tickets To the $346M U.S Official Mega Millions Lottery
Tickets ?24Lottos
Okogba
View all posts by Okogba →
Previous Post
Who will save Nigerians abroad?
Next Post
How rugby players hope to change Brazil
You might also like
More Katsina women doing drugs because of men - Saulawa
More Katsina women doing drugs because of men - Saulawa
More than half of Nigeria’s VAT comes from Lagos — Adeosun
More than half of Nigeria’s VAT comes from Lagos — Adeosun
Badoo boys move to Ogun as Police screen 38 more
Badoo boys move to Ogun as Police screen 38 more
More than 2 million pilgrims start Hajj in Mecca
More than 2 million pilgrims start Hajj in Mecca
More trouble for Wizkid!
More trouble for Wizkid!
More oil woes as militants blow up Chevron's wells
More oil woes as militants blow up Chevron's wells
More Chibok girls to regain freedom soon, says Buhari
More Chibok girls to regain freedom soon, says Buhari
More residents besiege designated centres for Lake Rice
More residents besiege designated centres for Lake Rice
Recommended by
Disclaimer
Comments expressed here do not reflect the opinions of vanguard
newspapers or any employee thereof.
Latest News
8:44 pmAnambra guber: Nnewi Monarch Igwe Orizu endorses Chidoka
8:42 pmKogi Rice will feed the nation- Govt
8:39 pmIndependence Day:: 200 children pray for Nigeria in Ibadan
8:33 pmMilitia clashes kill 16 in eastern DR Congo
8:33 pmPoverty, ignorance, Nigeria’s problem, not restructuring –
Muiz Banire
8:32 pmAt least 16 dead as suicide bombings hit Damascus police
station
8:31 pmCatholic summit unites experts against online child porn
8:29 pmMumbai attack suspect to sue after claim he drank White House
wine
8:27 pmTwo children killed as India, Pakistan exchange of gunfire in
Kashmir
8:25 pmIndia cleans environment for Gandhi’s birthday
8:25 pmNigerian youths have been made e – rats but should brace up
for leadership roles – Buhari
8:20 pmWe are mobilising relief for flood victims in Edo State,
Obaseki assures
8:17 pmProud Pique a lightning rod in Catalonia chaos
8:04 pmRestructuring not solution to Nigeria’s challenges – Utomi
7:58 pmEFCC vs Patience Jonathan: Buhari should call Magu to order –
Ozekhome
7:55 pmNnamdi Kanu didn’t escape to UK, through Malyasia – IPOB
7:31 pmBayelsa Govt applauds Singabele over CAF appointment
View All
Sponsored
18+: 3 Natural Method To Get Rid Of Premature Ejaculation And Weak
Erection & Watery Sperm With No Side Effect
There is one popular belief that Black porn star are always hitting
it right. They always go long and do it better than...
FOR MEN: 3 Natural Method To Get Rid Of Premature Ejaculation And
Weak Erection & Watery Sperm With No Side Effect
How 49 Year Old Abuja Business Man That Used to Release in 40seconds
Now Last 25minutes In Bed And Increased His Manh00d
[18+ ONLY]:Forget Online S3x Stories! Get Permanent Cure For
Premature Ejaculation, Weak Erection And Other Sexual Dysfuntions. Last
At Least 35 Mins In The Other Room
Editorial
Low capital spending threatens economic recovery
THE announcement early last month by the Federal Minister of Finance
that only N350 billion had so far been released to...
Amnesty International, others should testify
Making telecoms masts safer around people
Our worsening poverty outlook
#Vanguardtraffic
Ozekhome rejects classification of IPOB as terrorist organization
Rights Lawyer, Ozekhome Rejects Classification of IPOB as Terrorist
Organization.
Paper Adverts
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Nnamdi Kanu didn't escape to UK, through Malyasia - IPOB121
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Oct 1 speech: Ohanaeze, Ezeife, others blast Buhari631
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spurning Buhari83
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motivated
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Yoruba language bill: Lagos schools risk N500, 000 fine, closure for
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The Lagos State House of Assembly is proposing a fine of N500, 000
or closure of any school that flouts its proposed law...
…declaration of IPOB as a terrorist organisation is unfair, says
Nwodo at Chatham House
Why Awo did not make West to secede
E-editions
Download Official News App
Read more at: https://www.vanguardngr.com/2017/10/fg-grants-tax-reliefs-tstv-africa/
Read more at: https://www.vanguardngr.com/2017/10/fg-grants-tax-reliefs-tstv-africa/
The Federal Government
has granted a 3-year tax relief to the newly inaugurated Pay TV operator
in the country, TStv Africa, as well as tax free dividends to all
investors in the company.
Lai Mohammed
The Minister of Information and Culture, Alhaji Lai Mohammed, announced
this on Sunday night in Abuja at a dinner to mark the official unveiling
of the new company.
TStv Africa is a wholly owned Nigerian Pay TV operator with refined
offerings of novel Unclassified Pay Per View subscription and
complimentary internet services.
Mohammed, who performed the official unveiling of the new company and
its products, said the tax reliefs were in line with the Pioneer Status
recently granted to the Creative Industry by the federal government.
The minister congratulated the Chief Executive Officer (CEO) of the
company, Dr Bright Echefu, and his team for liberalising and breaking
the monopoly of Pay TV in the country.
“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.
The minister 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.
“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 said.
The minister said 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.
However, he 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.
“With the liberalisation of the industry, content has become very key
because content determines which channels are being watched and which
are not.
“Another major challenge is how to get an accurate measurement of which
channel is being watched and which is not.
“Kenya and South Africa are about one third of our population but they
do much better in TV and radio advertisement than us because of their
robust audience measurement,” he said.
The minister announced that the National Broadcasting Commission and his
ministry would organise a workshop on Nov. 28 to address the challenge
of audience measurement.
Earlier, Echefu said that TStv Africa, which had gone through a lot of
challenges, was birth to liberalise PayTV in the country, make it
affordable to every Nigerian with added values.
He 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”.
Echefu 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.
He said as a fully Nigerian brand with consideration for the masses,
TStv is not classified and it has a model that accommodate subscription
as low as N200 as N500 for a period of time.
The CEO said TStv came with PVR (Personal Video Recorder) Decoder which
allowed viewers greater control over their viewing experience with
functions like pause, rewind, forward, save and record of programmes of
interest.
Echefu said that once you subscribe to TStv, you will also get
complimentary internet service, enabled Wi-Fi, as well as video calls
and video conferencing services.
“It has an array of amazing TV channels with premium entertainment,
educative programmes that cut across all genres.
“The genres included 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,” he said.
The CEO said TStv which was modelled for Nigerians had come to stay,
assuring that it would not fail and they would deliver on their
promises.
The guests at the ceremony were entertained with live performances by
musicians and comedians.
Among the dignitaries at the event were Gov. Akinwumi Ambode of Lagos
represented by the Permanent Secretary, Lagos State Ministry of
Information and Strategy, Mr Fola Adeyemi, and the Permanent Secretary,
Federal Ministry of Information and Culture, MS Grace Gekpe.
Others were the Director-General of National Orientation Agency, Dr
Garba Abari; former Minister of Aviation, Femi Fani-Kayode; Nollywood
actors including Emeka Ike. Adigwe Okafor, Zack Amata, Dr Opa Williams
and Afeez Oyetoro aka Saka.
NAN
Over 5000 Nigerians to be employed as TSTV launches October 1st
Over 5000 Nigerians to be employed as TSTV launches October 1st
September 29, 2017
Creative industry gets ‘pioneer status’
Creative industry gets ‘pioneer status’
August 13, 2017
Nigeria ready for investments in creative industry — Lai Mohammed
Nigeria ready for investments in creative industry — Lai Mohammed
August 28, 2017
Read Also:
BREAKING: Nigerian Can Now Play The U.S.A Megamillions!24Lottos
Falana - EFCC waiting for you; You're now member of commission, says
Fayose
Breaking: Buhari storms Maiduguri to felicitate with troops
We’ll launch Crocodile Smile in Ogun soon — Army
Oct 1 speech: Ohanaeze, Ezeife, others blast Buhari
The most effective way to lose weight! Special offer for you!Green
Coffee Beans
Scientists tell about the way to lose weight fast on live stream.
ClickGreen Coffee Beans
How To Get Tickets To the $346M U.S Official Mega Millions Lottery
Tickets ?24Lottos
Okogba
View all posts by Okogba →
Previous Post
Who will save Nigerians abroad?
Next Post
How rugby players hope to change Brazil
You might also like
More Katsina women doing drugs because of men - Saulawa
More Katsina women doing drugs because of men - Saulawa
More than half of Nigeria’s VAT comes from Lagos — Adeosun
More than half of Nigeria’s VAT comes from Lagos — Adeosun
Badoo boys move to Ogun as Police screen 38 more
Badoo boys move to Ogun as Police screen 38 more
More than 2 million pilgrims start Hajj in Mecca
More than 2 million pilgrims start Hajj in Mecca
More trouble for Wizkid!
More trouble for Wizkid!
More oil woes as militants blow up Chevron's wells
More oil woes as militants blow up Chevron's wells
More Chibok girls to regain freedom soon, says Buhari
More Chibok girls to regain freedom soon, says Buhari
More residents besiege designated centres for Lake Rice
More residents besiege designated centres for Lake Rice
Recommended by
Disclaimer
Comments expressed here do not reflect the opinions of vanguard
newspapers or any employee thereof.
Latest News
8:44 pmAnambra guber: Nnewi Monarch Igwe Orizu endorses Chidoka
8:42 pmKogi Rice will feed the nation- Govt
8:39 pmIndependence Day:: 200 children pray for Nigeria in Ibadan
8:33 pmMilitia clashes kill 16 in eastern DR Congo
8:33 pmPoverty, ignorance, Nigeria’s problem, not restructuring –
Muiz Banire
8:32 pmAt least 16 dead as suicide bombings hit Damascus police
station
8:31 pmCatholic summit unites experts against online child porn
8:29 pmMumbai attack suspect to sue after claim he drank White House
wine
8:27 pmTwo children killed as India, Pakistan exchange of gunfire in
Kashmir
8:25 pmIndia cleans environment for Gandhi’s birthday
8:25 pmNigerian youths have been made e – rats but should brace up
for leadership roles – Buhari
8:20 pmWe are mobilising relief for flood victims in Edo State,
Obaseki assures
8:17 pmProud Pique a lightning rod in Catalonia chaos
8:04 pmRestructuring not solution to Nigeria’s challenges – Utomi
7:58 pmEFCC vs Patience Jonathan: Buhari should call Magu to order –
Ozekhome
7:55 pmNnamdi Kanu didn’t escape to UK, through Malyasia – IPOB
7:31 pmBayelsa Govt applauds Singabele over CAF appointment
View All
Sponsored
18+: 3 Natural Method To Get Rid Of Premature Ejaculation And Weak
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There is one popular belief that Black porn star are always hitting
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Weak Erection & Watery Sperm With No Side Effect
How 49 Year Old Abuja Business Man That Used to Release in 40seconds
Now Last 25minutes In Bed And Increased His Manh00d
[18+ ONLY]:Forget Online S3x Stories! Get Permanent Cure For
Premature Ejaculation, Weak Erection And Other Sexual Dysfuntions. Last
At Least 35 Mins In The Other Room
Editorial
Low capital spending threatens economic recovery
THE announcement early last month by the Federal Minister of Finance
that only N350 billion had so far been released to...
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#Vanguardtraffic
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Organization.
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or closure of any school that flouts its proposed law...
…declaration of IPOB as a terrorist organisation is unfair, says
Nwodo at Chatham House
Why Awo did not make West to secede
E-editions
Download Official News App
Read more at: https://www.vanguardngr.com/2017/10/fg-grants-tax-reliefs-tstv-africa/
Read more at: https://www.vanguardngr.com/2017/10/fg-grants-tax-reliefs-tstv-africa/
The Federal Government
has granted a 3-year tax relief to the newly inaugurated Pay TV operator
in the country, TStv Africa, as well as tax free dividends to all
investors in the company.
Lai Mohammed
The Minister of Information and Culture, Alhaji Lai Mohammed, announced
this on Sunday night in Abuja at a dinner to mark the official unveiling
of the new company.
TStv Africa is a wholly owned Nigerian Pay TV operator with refined
offerings of novel Unclassified Pay Per View subscription and
complimentary internet services.
Mohammed, who performed the official unveiling of the new company and
its products, said the tax reliefs were in line with the Pioneer Status
recently granted to the Creative Industry by the federal government.
The minister congratulated the Chief Executive Officer (CEO) of the
company, Dr Bright Echefu, and his team for liberalising and breaking
the monopoly of Pay TV in the country.
“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.
The minister 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.
“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 said.
The minister said 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.
However, he 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.
“With the liberalisation of the industry, content has become very key
because content determines which channels are being watched and which
are not.
“Another major challenge is how to get an accurate measurement of which
channel is being watched and which is not.
“Kenya and South Africa are about one third of our population but they
do much better in TV and radio advertisement than us because of their
robust audience measurement,” he said.
The minister announced that the National Broadcasting Commission and his
ministry would organise a workshop on Nov. 28 to address the challenge
of audience measurement.
Earlier, Echefu said that TStv Africa, which had gone through a lot of
challenges, was birth to liberalise PayTV in the country, make it
affordable to every Nigerian with added values.
He 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”.
Echefu 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.
He said as a fully Nigerian brand with consideration for the masses,
TStv is not classified and it has a model that accommodate subscription
as low as N200 as N500 for a period of time.
The CEO said TStv came with PVR (Personal Video Recorder) Decoder which
allowed viewers greater control over their viewing experience with
functions like pause, rewind, forward, save and record of programmes of
interest.
Echefu said that once you subscribe to TStv, you will also get
complimentary internet service, enabled Wi-Fi, as well as video calls
and video conferencing services.
“It has an array of amazing TV channels with premium entertainment,
educative programmes that cut across all genres.
“The genres included 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,” he said.
The CEO said TStv which was modelled for Nigerians had come to stay,
assuring that it would not fail and they would deliver on their
promises.
The guests at the ceremony were entertained with live performances by
musicians and comedians.
Among the dignitaries at the event were Gov. Akinwumi Ambode of Lagos
represented by the Permanent Secretary, Lagos State Ministry of
Information and Strategy, Mr Fola Adeyemi, and the Permanent Secretary,
Federal Ministry of Information and Culture, MS Grace Gekpe.
Others were the Director-General of National Orientation Agency, Dr
Garba Abari; former Minister of Aviation, Femi Fani-Kayode; Nollywood
actors including Emeka Ike. Adigwe Okafor, Zack Amata, Dr Opa Williams
and Afeez Oyetoro aka Saka.
NAN
Over 5000 Nigerians to be employed as TSTV launches October 1st
Over 5000 Nigerians to be employed as TSTV launches October 1st
September 29, 2017
Creative industry gets ‘pioneer status’
Creative industry gets ‘pioneer status’
August 13, 2017
Nigeria ready for investments in creative industry — Lai Mohammed
Nigeria ready for investments in creative industry — Lai Mohammed
August 28, 2017
Read Also:
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Falana - EFCC waiting for you; You're now member of commission, says
Fayose
Breaking: Buhari storms Maiduguri to felicitate with troops
We’ll launch Crocodile Smile in Ogun soon — Army
Oct 1 speech: Ohanaeze, Ezeife, others blast Buhari
The most effective way to lose weight! Special offer for you!Green
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Disclaimer
Comments expressed here do not reflect the opinions of vanguard
newspapers or any employee thereof.
Latest News
8:44 pmAnambra guber: Nnewi Monarch Igwe Orizu endorses Chidoka
8:42 pmKogi Rice will feed the nation- Govt
8:39 pmIndependence Day:: 200 children pray for Nigeria in Ibadan
8:33 pmMilitia clashes kill 16 in eastern DR Congo
8:33 pmPoverty, ignorance, Nigeria’s problem, not restructuring –
Muiz Banire
8:32 pmAt least 16 dead as suicide bombings hit Damascus police
station
8:31 pmCatholic summit unites experts against online child porn
8:29 pmMumbai attack suspect to sue after claim he drank White House
wine
8:27 pmTwo children killed as India, Pakistan exchange of gunfire in
Kashmir
8:25 pmIndia cleans environment for Gandhi’s birthday
8:25 pmNigerian youths have been made e – rats but should brace up
for leadership roles – Buhari
8:20 pmWe are mobilising relief for flood victims in Edo State,
Obaseki assures
8:17 pmProud Pique a lightning rod in Catalonia chaos
8:04 pmRestructuring not solution to Nigeria’s challenges – Utomi
7:58 pmEFCC vs Patience Jonathan: Buhari should call Magu to order –
Ozekhome
7:55 pmNnamdi Kanu didn’t escape to UK, through Malyasia – IPOB
7:31 pmBayelsa Govt applauds Singabele over CAF appointment
View All
Sponsored
18+: 3 Natural Method To Get Rid Of Premature Ejaculation And Weak
Erection & Watery Sperm With No Side Effect
There is one popular belief that Black porn star are always hitting
it right. They always go long and do it better than...
FOR MEN: 3 Natural Method To Get Rid Of Premature Ejaculation And
Weak Erection & Watery Sperm With No Side Effect
How 49 Year Old Abuja Business Man That Used to Release in 40seconds
Now Last 25minutes In Bed And Increased His Manh00d
[18+ ONLY]:Forget Online S3x Stories! Get Permanent Cure For
Premature Ejaculation, Weak Erection And Other Sexual Dysfuntions. Last
At Least 35 Mins In The Other Room
Editorial
Low capital spending threatens economic recovery
THE announcement early last month by the Federal Minister of Finance
that only N350 billion had so far been released to...
Amnesty International, others should testify
Making telecoms masts safer around people
Our worsening poverty outlook
#Vanguardtraffic
Ozekhome rejects classification of IPOB as terrorist organization
Rights Lawyer, Ozekhome Rejects Classification of IPOB as Terrorist
Organization.
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Nnamdi Kanu didn't escape to UK, through Malyasia - IPOB121
Jonathan puts Africa in spotlight at Rhodes Forum in Greece48
Oct 1 speech: Ohanaeze, Ezeife, others blast Buhari631
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FG plans 10 new rail lines nationwide as new coaches arrive26
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Video: Buhari storms Maiduguri, inspects, felicitates with troops
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Garba Shehu says Biafran separatists grievances are false, politically
motivated
Video: Fayose declares presidential ambition
Trending
Yoruba language bill: Lagos schools risk N500, 000 fine, closure for
non-compliance
The Lagos State House of Assembly is proposing a fine of N500, 000
or closure of any school that flouts its proposed law...
…declaration of IPOB as a terrorist organisation is unfair, says
Nwodo at Chatham House
Why Awo did not make West to secede
E-editions
Download Official News App
Read more at: https://www.vanguardngr.com/2017/10/fg-grants-tax-reliefs-tstv-africa/
Read more at: https://www.vanguardngr.com/2017/10/fg-grants-tax-reliefs-tstv-africa/
The Federal Government
has granted a 3-year tax relief to the newly inaugurated Pay TV operator
in the country, TStv Africa, as well as tax free dividends to all
investors in the company.
Lai Mohammed
The Minister of Information and Culture, Alhaji Lai Mohammed, announced
this on Sunday night in Abuja at a dinner to mark the official unveiling
of the new company.
TStv Africa is a wholly owned Nigerian Pay TV operator with refined
offerings of novel Unclassified Pay Per View subscription and
complimentary internet services.
Mohammed, who performed the official unveiling of the new company and
its products, said the tax reliefs were in line with the Pioneer Status
recently granted to the Creative Industry by the federal government.
The minister congratulated the Chief Executive Officer (CEO) of the
company, Dr Bright Echefu, and his team for liberalising and breaking
the monopoly of Pay TV in the country.
“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.
The minister 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.
“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 said.
The minister said 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.
However, he 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.
“With the liberalisation of the industry, content has become very key
because content determines which channels are being watched and which
are not.
“Another major challenge is how to get an accurate measurement of which
channel is being watched and which is not.
“Kenya and South Africa are about one third of our population but they
do much better in TV and radio advertisement than us because of their
robust audience measurement,” he said.
The minister announced that the National Broadcasting Commission and his
ministry would organise a workshop on Nov. 28 to address the challenge
of audience measurement.
Earlier, Echefu said that TStv Africa, which had gone through a lot of
challenges, was birth to liberalise PayTV in the country, make it
affordable to every Nigerian with added values.
He 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”.
Echefu 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.
He said as a fully Nigerian brand with consideration for the masses,
TStv is not classified and it has a model that accommodate subscription
as low as N200 as N500 for a period of time.
The CEO said TStv came with PVR (Personal Video Recorder) Decoder which
allowed viewers greater control over their viewing experience with
functions like pause, rewind, forward, save and record of programmes of
interest.
Echefu said that once you subscribe to TStv, you will also get
complimentary internet service, enabled Wi-Fi, as well as video calls
and video conferencing services.
“It has an array of amazing TV channels with premium entertainment,
educative programmes that cut across all genres.
“The genres included 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,” he said.
The CEO said TStv which was modelled for Nigerians had come to stay,
assuring that it would not fail and they would deliver on their
promises.
The guests at the ceremony were entertained with live performances by
musicians and comedians.
Among the dignitaries at the event were Gov. Akinwumi Ambode of Lagos
represented by the Permanent Secretary, Lagos State Ministry of
Information and Strategy, Mr Fola Adeyemi, and the Permanent Secretary,
Federal Ministry of Information and Culture, MS Grace Gekpe.
Others were the Director-General of National Orientation Agency, Dr
Garba Abari; former Minister of Aviation, Femi Fani-Kayode; Nollywood
actors including Emeka Ike. Adigwe Okafor, Zack Amata, Dr Opa Williams
and Afeez Oyetoro aka Saka.
NAN
Over 5000 Nigerians to be employed as TSTV launches October 1st
Over 5000 Nigerians to be employed as TSTV launches October 1st
September 29, 2017
Creative industry gets ‘pioneer status’
Creative industry gets ‘pioneer status’
August 13, 2017
Nigeria ready for investments in creative industry — Lai Mohammed
Nigeria ready for investments in creative industry — Lai Mohammed
August 28, 2017
Read Also:
BREAKING: Nigerian Can Now Play The U.S.A Megamillions!24Lottos
Falana - EFCC waiting for you; You're now member of commission, says
Fayose
Breaking: Buhari storms Maiduguri to felicitate with troops
We’ll launch Crocodile Smile in Ogun soon — Army
Oct 1 speech: Ohanaeze, Ezeife, others blast Buhari
The most effective way to lose weight! Special offer for you!Green
Coffee Beans
Scientists tell about the way to lose weight fast on live stream.
ClickGreen Coffee Beans
How To Get Tickets To the $346M U.S Official Mega Millions Lottery
Tickets ?24Lottos
Okogba
View all posts by Okogba →
Previous Post
Who will save Nigerians abroad?
Next Post
How rugby players hope to change Brazil
You might also like
More Katsina women doing drugs because of men - Saulawa
More Katsina women doing drugs because of men - Saulawa
More than half of Nigeria’s VAT comes from Lagos — Adeosun
More than half of Nigeria’s VAT comes from Lagos — Adeosun
Badoo boys move to Ogun as Police screen 38 more
Badoo boys move to Ogun as Police screen 38 more
More than 2 million pilgrims start Hajj in Mecca
More than 2 million pilgrims start Hajj in Mecca
More trouble for Wizkid!
More trouble for Wizkid!
More oil woes as militants blow up Chevron's wells
More oil woes as militants blow up Chevron's wells
More Chibok girls to regain freedom soon, says Buhari
More Chibok girls to regain freedom soon, says Buhari
More residents besiege designated centres for Lake Rice
More residents besiege designated centres for Lake Rice
Recommended by
Disclaimer
Comments expressed here do not reflect the opinions of vanguard
newspapers or any employee thereof.
Latest News
8:44 pmAnambra guber: Nnewi Monarch Igwe Orizu endorses Chidoka
8:42 pmKogi Rice will feed the nation- Govt
8:39 pmIndependence Day:: 200 children pray for Nigeria in Ibadan
8:33 pmMilitia clashes kill 16 in eastern DR Congo
8:33 pmPoverty, ignorance, Nigeria’s problem, not restructuring –
Muiz Banire
8:32 pmAt least 16 dead as suicide bombings hit Damascus police
station
8:31 pmCatholic summit unites experts against online child porn
8:29 pmMumbai attack suspect to sue after claim he drank White House
wine
8:27 pmTwo children killed as India, Pakistan exchange of gunfire in
Kashmir
8:25 pmIndia cleans environment for Gandhi’s birthday
8:25 pmNigerian youths have been made e – rats but should brace up
for leadership roles – Buhari
8:20 pmWe are mobilising relief for flood victims in Edo State,
Obaseki assures
8:17 pmProud Pique a lightning rod in Catalonia chaos
8:04 pmRestructuring not solution to Nigeria’s challenges – Utomi
7:58 pmEFCC vs Patience Jonathan: Buhari should call Magu to order –
Ozekhome
7:55 pmNnamdi Kanu didn’t escape to UK, through Malyasia – IPOB
7:31 pmBayelsa Govt applauds Singabele over CAF appointment
View All
Sponsored
18+: 3 Natural Method To Get Rid Of Premature Ejaculation And Weak
Erection & Watery Sperm With No Side Effect
There is one popular belief that Black porn star are always hitting
it right. They always go long and do it better than...
FOR MEN: 3 Natural Method To Get Rid Of Premature Ejaculation And
Weak Erection & Watery Sperm With No Side Effect
How 49 Year Old Abuja Business Man That Used to Release in 40seconds
Now Last 25minutes In Bed And Increased His Manh00d
[18+ ONLY]:Forget Online S3x Stories! Get Permanent Cure For
Premature Ejaculation, Weak Erection And Other Sexual Dysfuntions. Last
At Least 35 Mins In The Other Room
Editorial
Low capital spending threatens economic recovery
THE announcement early last month by the Federal Minister of Finance
that only N350 billion had so far been released to...
Amnesty International, others should testify
Making telecoms masts safer around people
Our worsening poverty outlook
#Vanguardtraffic
Ozekhome rejects classification of IPOB as terrorist organization
Rights Lawyer, Ozekhome Rejects Classification of IPOB as Terrorist
Organization.
Paper Adverts
Most Commented
Nnamdi Kanu didn't escape to UK, through Malyasia - IPOB121
Jonathan puts Africa in spotlight at Rhodes Forum in Greece48
Oct 1 speech: Ohanaeze, Ezeife, others blast Buhari631
Nigeria will not disintegrate — Bishop Oyedepo74
Independence Day Speech: Okechukwu blasts Ohaneze leaders for
spurning Buhari83
Nnamdi Kanu not in custody of Military, DHQ tells IPOB392
FG plans 10 new rail lines nationwide as new coaches arrive26
Videos
Video: Buhari storms Maiduguri, inspects, felicitates with troops
Video: Ex-President Jonathan’s VP Sambo observes Juma’at prayer with
Buhari
Garba Shehu says Biafran separatists grievances are false, politically
motivated
Video: Fayose declares presidential ambition
Trending
Yoruba language bill: Lagos schools risk N500, 000 fine, closure for
non-compliance
The Lagos State House of Assembly is proposing a fine of N500, 000
or closure of any school that flouts its proposed law...
…declaration of IPOB as a terrorist organisation is unfair, says
Nwodo at Chatham House
Why Awo did not make West to secede
E-editions
Download Official News App
Read more at: https://www.vanguardngr.com/2017/10/fg-grants-tax-reliefs-tstv-africa/
Read more at: https://www.vanguardngr.com/2017/10/fg-grants-tax-reliefs-tstv-africa/
The Federal Government
has granted a 3-year tax relief to the newly inaugurated Pay TV operator
in the country, TStv Africa, as well as tax free dividends to all
investors in the company.
Lai Mohammed
The Minister of Information and Culture, Alhaji Lai Mohammed, announced
this on Sunday night in Abuja at a dinner to mark the official unveiling
of the new company.
TStv Africa is a wholly owned Nigerian Pay TV operator with refined
offerings of novel Unclassified Pay Per View subscription and
complimentary internet services.
Mohammed, who performed the official unveiling of the new company and
its products, said the tax reliefs were in line with the Pioneer Status
recently granted to the Creative Industry by the federal government.
The minister congratulated the Chief Executive Officer (CEO) of the
company, Dr Bright Echefu, and his team for liberalising and breaking
the monopoly of Pay TV in the country.
“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.
The minister 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.
“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 said.
The minister said 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.
However, he 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.
“With the liberalisation of the industry, content has become very key
because content determines which channels are being watched and which
are not.
“Another major challenge is how to get an accurate measurement of which
channel is being watched and which is not.
“Kenya and South Africa are about one third of our population but they
do much better in TV and radio advertisement than us because of their
robust audience measurement,” he said.
The minister announced that the National Broadcasting Commission and his
ministry would organise a workshop on Nov. 28 to address the challenge
of audience measurement.
Earlier, Echefu said that TStv Africa, which had gone through a lot of
challenges, was birth to liberalise PayTV in the country, make it
affordable to every Nigerian with added values.
He 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”.
Echefu 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.
He said as a fully Nigerian brand with consideration for the masses,
TStv is not classified and it has a model that accommodate subscription
as low as N200 as N500 for a period of time.
The CEO said TStv came with PVR (Personal Video Recorder) Decoder which
allowed viewers greater control over their viewing experience with
functions like pause, rewind, forward, save and record of programmes of
interest.
Echefu said that once you subscribe to TStv, you will also get
complimentary internet service, enabled Wi-Fi, as well as video calls
and video conferencing services.
“It has an array of amazing TV channels with premium entertainment,
educative programmes that cut across all genres.
“The genres included 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,” he said.
The CEO said TStv which was modelled for Nigerians had come to stay,
assuring that it would not fail and they would deliver on their
promises.
The guests at the ceremony were entertained with live performances by
musicians and comedians.
Among the dignitaries at the event were Gov. Akinwumi Ambode of Lagos
represented by the Permanent Secretary, Lagos State Ministry of
Information and Strategy, Mr Fola Adeyemi, and the Permanent Secretary,
Federal Ministry of Information and Culture, MS Grace Gekpe.
Others were the Director-General of National Orientation Agency, Dr
Garba Abari; former Minister of Aviation, Femi Fani-Kayode; Nollywood
actors including Emeka Ike. Adigwe Okafor, Zack Amata, Dr Opa Williams
and Afeez Oyetoro aka Saka.
NAN
Over 5000 Nigerians to be employed as TSTV launches October 1st
Over 5000 Nigerians to be employed as TSTV launches October 1st
September 29, 2017
Creative industry gets ‘pioneer status’
Creative industry gets ‘pioneer status’
August 13, 2017
Nigeria ready for investments in creative industry — Lai Mohammed
Nigeria ready for investments in creative industry — Lai Mohammed
August 28, 2017
Read Also:
BREAKING: Nigerian Can Now Play The U.S.A Megamillions!24Lottos
Falana - EFCC waiting for you; You're now member of commission, says
Fayose
Breaking: Buhari storms Maiduguri to felicitate with troops
We’ll launch Crocodile Smile in Ogun soon — Army
Oct 1 speech: Ohanaeze, Ezeife, others blast Buhari
The most effective way to lose weight! Special offer for you!Green
Coffee Beans
Scientists tell about the way to lose weight fast on live stream.
ClickGreen Coffee Beans
How To Get Tickets To the $346M U.S Official Mega Millions Lottery
Tickets ?24Lottos
Okogba
View all posts by Okogba →
Previous Post
Who will save Nigerians abroad?
Next Post
How rugby players hope to change Brazil
You might also like
More Katsina women doing drugs because of men - Saulawa
More Katsina women doing drugs because of men - Saulawa
More than half of Nigeria’s VAT comes from Lagos — Adeosun
More than half of Nigeria’s VAT comes from Lagos — Adeosun
Badoo boys move to Ogun as Police screen 38 more
Badoo boys move to Ogun as Police screen 38 more
More than 2 million pilgrims start Hajj in Mecca
More than 2 million pilgrims start Hajj in Mecca
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More trouble for Wizkid!
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More oil woes as militants blow up Chevron's wells
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More Chibok girls to regain freedom soon, says Buhari
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More residents besiege designated centres for Lake Rice
Recommended by
Disclaimer
Comments expressed here do not reflect the opinions of vanguard
newspapers or any employee thereof.
Latest News
8:44 pmAnambra guber: Nnewi Monarch Igwe Orizu endorses Chidoka
8:42 pmKogi Rice will feed the nation- Govt
8:39 pmIndependence Day:: 200 children pray for Nigeria in Ibadan
8:33 pmMilitia clashes kill 16 in eastern DR Congo
8:33 pmPoverty, ignorance, Nigeria’s problem, not restructuring –
Muiz Banire
8:32 pmAt least 16 dead as suicide bombings hit Damascus police
station
8:31 pmCatholic summit unites experts against online child porn
8:29 pmMumbai attack suspect to sue after claim he drank White House
wine
8:27 pmTwo children killed as India, Pakistan exchange of gunfire in
Kashmir
8:25 pmIndia cleans environment for Gandhi’s birthday
8:25 pmNigerian youths have been made e – rats but should brace up
for leadership roles – Buhari
8:20 pmWe are mobilising relief for flood victims in Edo State,
Obaseki assures
8:17 pmProud Pique a lightning rod in Catalonia chaos
8:04 pmRestructuring not solution to Nigeria’s challenges – Utomi
7:58 pmEFCC vs Patience Jonathan: Buhari should call Magu to order –
Ozekhome
7:55 pmNnamdi Kanu didn’t escape to UK, through Malyasia – IPOB
7:31 pmBayelsa Govt applauds Singabele over CAF appointment
View All
Sponsored
18+: 3 Natural Method To Get Rid Of Premature Ejaculation And Weak
Erection & Watery Sperm With No Side Effect
There is one popular belief that Black porn star are always hitting
it right. They always go long and do it better than...
FOR MEN: 3 Natural Method To Get Rid Of Premature Ejaculation And
Weak Erection & Watery Sperm With No Side Effect
How 49 Year Old Abuja Business Man That Used to Release in 40seconds
Now Last 25minutes In Bed And Increased His Manh00d
[18+ ONLY]:Forget Online S3x Stories! Get Permanent Cure For
Premature Ejaculation, Weak Erection And Other Sexual Dysfuntions. Last
At Least 35 Mins In The Other Room
Editorial
Low capital spending threatens economic recovery
THE announcement early last month by the Federal Minister of Finance
that only N350 billion had so far been released to...
Amnesty International, others should testify
Making telecoms masts safer around people
Our worsening poverty outlook
#Vanguardtraffic
Ozekhome rejects classification of IPOB as terrorist organization
Rights Lawyer, Ozekhome Rejects Classification of IPOB as Terrorist
Organization.
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Oct 1 speech: Ohanaeze, Ezeife, others blast Buhari631
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motivated
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Yoruba language bill: Lagos schools risk N500, 000 fine, closure for
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or closure of any school that flouts its proposed law...
…declaration of IPOB as a terrorist organisation is unfair, says
Nwodo at Chatham House
Why Awo did not make West to secede
E-editions
Download Official News App
Read more at: https://www.vanguardngr.com/2017/10/fg-grants-tax-reliefs-tstv-africa/
Read more at: https://www.vanguardngr.com/2017/10/fg-grants-tax-reliefs-tstv-africa/
The Federal Government
has granted a 3-year tax relief to the newly inaugurated Pay TV operator
in the country, TStv Africa, as well as tax free dividends to all
investors in the company.
Lai Mohammed
The Minister of Information and Culture, Alhaji Lai Mohammed, announced
this on Sunday night in Abuja at a dinner to mark the official unveiling
of the new company.
TStv Africa is a wholly owned Nigerian Pay TV operator with refined
offerings of novel Unclassified Pay Per View subscription and
complimentary internet services.
Mohammed, who performed the official unveiling of the new company and
its products, said the tax reliefs were in line with the Pioneer Status
recently granted to the Creative Industry by the federal government.
The minister congratulated the Chief Executive Officer (CEO) of the
company, Dr Bright Echefu, and his team for liberalising and breaking
the monopoly of Pay TV in the country.
“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.
The minister 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.
“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 said.
The minister said 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.
However, he 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.
“With the liberalisation of the industry, content has become very key
because content determines which channels are being watched and which
are not.
“Another major challenge is how to get an accurate measurement of which
channel is being watched and which is not.
“Kenya and South Africa are about one third of our population but they
do much better in TV and radio advertisement than us because of their
robust audience measurement,” he said.
The minister announced that the National Broadcasting Commission and his
ministry would organise a workshop on Nov. 28 to address the challenge
of audience measurement.
Earlier, Echefu said that TStv Africa, which had gone through a lot of
challenges, was birth to liberalise PayTV in the country, make it
affordable to every Nigerian with added values.
He 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”.
Echefu 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.
He said as a fully Nigerian brand with consideration for the masses,
TStv is not classified and it has a model that accommodate subscription
as low as N200 as N500 for a period of time.
The CEO said TStv came with PVR (Personal Video Recorder) Decoder which
allowed viewers greater control over their viewing experience with
functions like pause, rewind, forward, save and record of programmes of
interest.
Echefu said that once you subscribe to TStv, you will also get
complimentary internet service, enabled Wi-Fi, as well as video calls
and video conferencing services.
“It has an array of amazing TV channels with premium entertainment,
educative programmes that cut across all genres.
“The genres included 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,” he said.
The CEO said TStv which was modelled for Nigerians had come to stay,
assuring that it would not fail and they would deliver on their
promises.
The guests at the ceremony were entertained with live performances by
musicians and comedians.
Among the dignitaries at the event were Gov. Akinwumi Ambode of Lagos
represented by the Permanent Secretary, Lagos State Ministry of
Information and Strategy, Mr Fola Adeyemi, and the Permanent Secretary,
Federal Ministry of Information and Culture, MS Grace Gekpe.
Others were the Director-General of National Orientation Agency, Dr
Garba Abari; former Minister of Aviation, Femi Fani-Kayode; Nollywood
actors including Emeka Ike. Adigwe Okafor, Zack Amata, Dr Opa Williams
and Afeez Oyetoro aka Saka.
NAN
Over 5000 Nigerians to be employed as TSTV launches October 1st
Over 5000 Nigerians to be employed as TSTV launches October 1st
September 29, 2017
Creative industry gets ‘pioneer status’
Creative industry gets ‘pioneer status’
August 13, 2017
Nigeria ready for investments in creative industry — Lai Mohammed
Nigeria ready for investments in creative industry — Lai Mohammed
August 28, 2017
Read Also:
BREAKING: Nigerian Can Now Play The U.S.A Megamillions!24Lottos
Falana - EFCC waiting for you; You're now member of commission, says
Fayose
Breaking: Buhari storms Maiduguri to felicitate with troops
We’ll launch Crocodile Smile in Ogun soon — Army
Oct 1 speech: Ohanaeze, Ezeife, others blast Buhari
The most effective way to lose weight! Special offer for you!Green
Coffee Beans
Scientists tell about the way to lose weight fast on live stream.
ClickGreen Coffee Beans
How To Get Tickets To the $346M U.S Official Mega Millions Lottery
Tickets ?24Lottos
Okogba
View all posts by Okogba →
Previous Post
Who will save Nigerians abroad?
Next Post
How rugby players hope to change Brazil
You might also like
More Katsina women doing drugs because of men - Saulawa
More Katsina women doing drugs because of men - Saulawa
More than half of Nigeria’s VAT comes from Lagos — Adeosun
More than half of Nigeria’s VAT comes from Lagos — Adeosun
Badoo boys move to Ogun as Police screen 38 more
Badoo boys move to Ogun as Police screen 38 more
More than 2 million pilgrims start Hajj in Mecca
More than 2 million pilgrims start Hajj in Mecca
More trouble for Wizkid!
More trouble for Wizkid!
More oil woes as militants blow up Chevron's wells
More oil woes as militants blow up Chevron's wells
More Chibok girls to regain freedom soon, says Buhari
More Chibok girls to regain freedom soon, says Buhari
More residents besiege designated centres for Lake Rice
More residents besiege designated centres for Lake Rice
Recommended by
Disclaimer
Comments expressed here do not reflect the opinions of vanguard
newspapers or any employee thereof.
Latest News
8:44 pmAnambra guber: Nnewi Monarch Igwe Orizu endorses Chidoka
8:42 pmKogi Rice will feed the nation- Govt
8:39 pmIndependence Day:: 200 children pray for Nigeria in Ibadan
8:33 pmMilitia clashes kill 16 in eastern DR Congo
8:33 pmPoverty, ignorance, Nigeria’s problem, not restructuring –
Muiz Banire
8:32 pmAt least 16 dead as suicide bombings hit Damascus police
station
8:31 pmCatholic summit unites experts against online child porn
8:29 pmMumbai attack suspect to sue after claim he drank White House
wine
8:27 pmTwo children killed as India, Pakistan exchange of gunfire in
Kashmir
8:25 pmIndia cleans environment for Gandhi’s birthday
8:25 pmNigerian youths have been made e – rats but should brace up
for leadership roles – Buhari
8:20 pmWe are mobilising relief for flood victims in Edo State,
Obaseki assures
8:17 pmProud Pique a lightning rod in Catalonia chaos
8:04 pmRestructuring not solution to Nigeria’s challenges – Utomi
7:58 pmEFCC vs Patience Jonathan: Buhari should call Magu to order –
Ozekhome
7:55 pmNnamdi Kanu didn’t escape to UK, through Malyasia – IPOB
7:31 pmBayelsa Govt applauds Singabele over CAF appointment
View All
Sponsored
18+: 3 Natural Method To Get Rid Of Premature Ejaculation And Weak
Erection & Watery Sperm With No Side Effect
There is one popular belief that Black porn star are always hitting
it right. They always go long and do it better than...
FOR MEN: 3 Natural Method To Get Rid Of Premature Ejaculation And
Weak Erection & Watery Sperm With No Side Effect
How 49 Year Old Abuja Business Man That Used to Release in 40seconds
Now Last 25minutes In Bed And Increased His Manh00d
[18+ ONLY]:Forget Online S3x Stories! Get Permanent Cure For
Premature Ejaculation, Weak Erection And Other Sexual Dysfuntions. Last
At Least 35 Mins In The Other Room
Editorial
Low capital spending threatens economic recovery
THE announcement early last month by the Federal Minister of Finance
that only N350 billion had so far been released to...
Amnesty International, others should testify
Making telecoms masts safer around people
Our worsening poverty outlook
#Vanguardtraffic
Ozekhome rejects classification of IPOB as terrorist organization
Rights Lawyer, Ozekhome Rejects Classification of IPOB as Terrorist
Organization.
Paper Adverts
Most Commented
Nnamdi Kanu didn't escape to UK, through Malyasia - IPOB121
Jonathan puts Africa in spotlight at Rhodes Forum in Greece48
Oct 1 speech: Ohanaeze, Ezeife, others blast Buhari631
Nigeria will not disintegrate — Bishop Oyedepo74
Independence Day Speech: Okechukwu blasts Ohaneze leaders for
spurning Buhari83
Nnamdi Kanu not in custody of Military, DHQ tells IPOB392
FG plans 10 new rail lines nationwide as new coaches arrive26
Videos
Video: Buhari storms Maiduguri, inspects, felicitates with troops
Video: Ex-President Jonathan’s VP Sambo observes Juma’at prayer with
Buhari
Garba Shehu says Biafran separatists grievances are false, politically
motivated
Video: Fayose declares presidential ambition
Trending
Yoruba language bill: Lagos schools risk N500, 000 fine, closure for
non-compliance
The Lagos State House of Assembly is proposing a fine of N500, 000
or closure of any school that flouts its proposed law...
…declaration of IPOB as a terrorist organisation is unfair, says
Nwodo at Chatham House
Why Awo did not make West to secede
E-editions
Download Official News App
Read more at: https://www.vanguardngr.com/2017/10/fg-grants-tax-reliefs-tstv-africa/
Read more at: https://www.vanguardngr.com/2017/10/fg-grants-tax-reliefs-tstv-africa/
The Federal Government
has granted a 3-year tax relief to the newly inaugurated Pay TV operator
in the country, TStv Africa, as well as tax free dividends to all
investors in the company.
Lai Mohammed
The Minister of Information and Culture, Alhaji Lai Mohammed, announced
this on Sunday night in Abuja at a dinner to mark the official unveiling
of the new company.
TStv Africa is a wholly owned Nigerian Pay TV operator with refined
offerings of novel Unclassified Pay Per View subscription and
complimentary internet services.
Mohammed, who performed the official unveiling of the new company and
its products, said the tax reliefs were in line with the Pioneer Status
recently granted to the Creative Industry by the federal government.
The minister congratulated the Chief Executive Officer (CEO) of the
company, Dr Bright Echefu, and his team for liberalising and breaking
the monopoly of Pay TV in the country.
“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.
The minister 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.
“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 said.
The minister said 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.
However, he 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.
“With the liberalisation of the industry, content has become very key
because content determines which channels are being watched and which
are not.
“Another major challenge is how to get an accurate measurement of which
channel is being watched and which is not.
“Kenya and South Africa are about one third of our population but they
do much better in TV and radio advertisement than us because of their
robust audience measurement,” he said.
The minister announced that the National Broadcasting Commission and his
ministry would organise a workshop on Nov. 28 to address the challenge
of audience measurement.
Earlier, Echefu said that TStv Africa, which had gone through a lot of
challenges, was birth to liberalise PayTV in the country, make it
affordable to every Nigerian with added values.
He 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”.
Echefu 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.
He said as a fully Nigerian brand with consideration for the masses,
TStv is not classified and it has a model that accommodate subscription
as low as N200 as N500 for a period of time.
The CEO said TStv came with PVR (Personal Video Recorder) Decoder which
allowed viewers greater control over their viewing experience with
functions like pause, rewind, forward, save and record of programmes of
interest.
Echefu said that once you subscribe to TStv, you will also get
complimentary internet service, enabled Wi-Fi, as well as video calls
and video conferencing services.
“It has an array of amazing TV channels with premium entertainment,
educative programmes that cut across all genres.
“The genres included 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,” he said.
The CEO said TStv which was modelled for Nigerians had come to stay,
assuring that it would not fail and they would deliver on their
promises.
The guests at the ceremony were entertained with live performances by
musicians and comedians.
Among the dignitaries at the event were Gov. Akinwumi Ambode of Lagos
represented by the Permanent Secretary, Lagos State Ministry of
Information and Strategy, Mr Fola Adeyemi, and the Permanent Secretary,
Federal Ministry of Information and Culture, MS Grace Gekpe.
Others were the Director-General of National Orientation Agency, Dr
Garba Abari; former Minister of Aviation, Femi Fani-Kayode; Nollywood
actors including Emeka Ike. Adigwe Okafor, Zack Amata, Dr Opa Williams
and Afeez Oyetoro aka Saka.
NAN
Over 5000 Nigerians to be employed as TSTV launches October 1st
Over 5000 Nigerians to be employed as TSTV launches October 1st
September 29, 2017
Creative industry gets ‘pioneer status’
Creative industry gets ‘pioneer status’
August 13, 2017
Nigeria ready for investments in creative industry — Lai Mohammed
Nigeria ready for investments in creative industry — Lai Mohammed
August 28, 2017
Read Also:
BREAKING: Nigerian Can Now Play The U.S.A Megamillions!24Lottos
Falana - EFCC waiting for you; You're now member of commission, says
Fayose
Breaking: Buhari storms Maiduguri to felicitate with troops
We’ll launch Crocodile Smile in Ogun soon — Army
Oct 1 speech: Ohanaeze, Ezeife, others blast Buhari
The most effective way to lose weight! Special offer for you!Green
Coffee Beans
Scientists tell about the way to lose weight fast on live stream.
ClickGreen Coffee Beans
How To Get Tickets To the $346M U.S Official Mega Millions Lottery
Tickets ?24Lottos
Okogba
View all posts by Okogba →
Previous Post
Who will save Nigerians abroad?
Next Post
How rugby players hope to change Brazil
You might also like
More Katsina women doing drugs because of men - Saulawa
More Katsina women doing drugs because of men - Saulawa
More than half of Nigeria’s VAT comes from Lagos — Adeosun
More than half of Nigeria’s VAT comes from Lagos — Adeosun
Badoo boys move to Ogun as Police screen 38 more
Badoo boys move to Ogun as Police screen 38 more
More than 2 million pilgrims start Hajj in Mecca
More than 2 million pilgrims start Hajj in Mecca
More trouble for Wizkid!
More trouble for Wizkid!
More oil woes as militants blow up Chevron's wells
More oil woes as militants blow up Chevron's wells
More Chibok girls to regain freedom soon, says Buhari
More Chibok girls to regain freedom soon, says Buhari
More residents besiege designated centres for Lake Rice
More residents besiege designated centres for Lake Rice
Recommended by
Disclaimer
Comments expressed here do not reflect the opinions of vanguard
newspapers or any employee thereof.
Latest News
8:44 pmAnambra guber: Nnewi Monarch Igwe Orizu endorses Chidoka
8:42 pmKogi Rice will feed the nation- Govt
8:39 pmIndependence Day:: 200 children pray for Nigeria in Ibadan
8:33 pmMilitia clashes kill 16 in eastern DR Congo
8:33 pmPoverty, ignorance, Nigeria’s problem, not restructuring –
Muiz Banire
8:32 pmAt least 16 dead as suicide bombings hit Damascus police
station
8:31 pmCatholic summit unites experts against online child porn
8:29 pmMumbai attack suspect to sue after claim he drank White House
wine
8:27 pmTwo children killed as India, Pakistan exchange of gunfire in
Kashmir
8:25 pmIndia cleans environment for Gandhi’s birthday
8:25 pmNigerian youths have been made e – rats but should brace up
for leadership roles – Buhari
8:20 pmWe are mobilising relief for flood victims in Edo State,
Obaseki assures
8:17 pmProud Pique a lightning rod in Catalonia chaos
8:04 pmRestructuring not solution to Nigeria’s challenges – Utomi
7:58 pmEFCC vs Patience Jonathan: Buhari should call Magu to order –
Ozekhome
7:55 pmNnamdi Kanu didn’t escape to UK, through Malyasia – IPOB
7:31 pmBayelsa Govt applauds Singabele over CAF appointment
View All
Sponsored
18+: 3 Natural Method To Get Rid Of Premature Ejaculation And Weak
Erection & Watery Sperm With No Side Effect
There is one popular belief that Black porn star are always hitting
it right. They always go long and do it better than...
FOR MEN: 3 Natural Method To Get Rid Of Premature Ejaculation And
Weak Erection & Watery Sperm With No Side Effect
How 49 Year Old Abuja Business Man That Used to Release in 40seconds
Now Last 25minutes In Bed And Increased His Manh00d
[18+ ONLY]:Forget Online S3x Stories! Get Permanent Cure For
Premature Ejaculation, Weak Erection And Other Sexual Dysfuntions. Last
At Least 35 Mins In The Other Room
Editorial
Low capital spending threatens economic recovery
THE announcement early last month by the Federal Minister of Finance
that only N350 billion had so far been released to...
Amnesty International, others should testify
Making telecoms masts safer around people
Our worsening poverty outlook
#Vanguardtraffic
Ozekhome rejects classification of IPOB as terrorist organization
Rights Lawyer, Ozekhome Rejects Classification of IPOB as Terrorist
Organization.
Paper Adverts
Most Commented
Nnamdi Kanu didn't escape to UK, through Malyasia - IPOB121
Jonathan puts Africa in spotlight at Rhodes Forum in Greece48
Oct 1 speech: Ohanaeze, Ezeife, others blast Buhari631
Nigeria will not disintegrate — Bishop Oyedepo74
Independence Day Speech: Okechukwu blasts Ohaneze leaders for
spurning Buhari83
Nnamdi Kanu not in custody of Military, DHQ tells IPOB392
FG plans 10 new rail lines nationwide as new coaches arrive26
Videos
Video: Buhari storms Maiduguri, inspects, felicitates with troops
Video: Ex-President Jonathan’s VP Sambo observes Juma’at prayer with
Buhari
Garba Shehu says Biafran separatists grievances are false, politically
motivated
Video: Fayose declares presidential ambition
Trending
Yoruba language bill: Lagos schools risk N500, 000 fine, closure for
non-compliance
The Lagos State House of Assembly is proposing a fine of N500, 000
or closure of any school that flouts its proposed law...
…declaration of IPOB as a terrorist organisation is unfair, says
Nwodo at Chatham House
Why Awo did not make West to secede
E-editions
Download Official News App
Read more at: https://www.vanguardngr.com/2017/10/fg-grants-tax-reliefs-tstv-africa/
Read more at: https://www.vanguardngr.com/2017/10/fg-grants-tax-reliefs-tstv-africa/
The Federal Government
has granted a 3-year tax relief to the newly inaugurated Pay TV operator
in the country, TStv Africa, as well as tax free dividends to all
investors in the company.
Lai Mohammed
The Minister of Information and Culture, Alhaji Lai Mohammed, announced
this on Sunday night in Abuja at a dinner to mark the official unveiling
of the new company.
TStv Africa is a wholly owned Nigerian Pay TV operator with refined
offerings of novel Unclassified Pay Per View subscription and
complimentary internet services.
Mohammed, who performed the official unveiling of the new company and
its products, said the tax reliefs were in line with the Pioneer Status
recently granted to the Creative Industry by the federal government.
The minister congratulated the Chief Executive Officer (CEO) of the
company, Dr Bright Echefu, and his team for liberalising and breaking
the monopoly of Pay TV in the country.
“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.
The minister 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.
“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 said.
The minister said 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.
However, he 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.
“With the liberalisation of the industry, content has become very key
because content determines which channels are being watched and which
are not.
“Another major challenge is how to get an accurate measurement of which
channel is being watched and which is not.
“Kenya and South Africa are about one third of our population but they
do much better in TV and radio advertisement than us because of their
robust audience measurement,” he said.
The minister announced that the National Broadcasting Commission and his
ministry would organise a workshop on Nov. 28 to address the challenge
of audience measurement.
Earlier, Echefu said that TStv Africa, which had gone through a lot of
challenges, was birth to liberalise PayTV in the country, make it
affordable to every Nigerian with added values.
He 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”.
Echefu 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.
He said as a fully Nigerian brand with consideration for the masses,
TStv is not classified and it has a model that accommodate subscription
as low as N200 as N500 for a period of time.
The CEO said TStv came with PVR (Personal Video Recorder) Decoder which
allowed viewers greater control over their viewing experience with
functions like pause, rewind, forward, save and record of programmes of
interest.
Echefu said that once you subscribe to TStv, you will also get
complimentary internet service, enabled Wi-Fi, as well as video calls
and video conferencing services.
“It has an array of amazing TV channels with premium entertainment,
educative programmes that cut across all genres.
“The genres included 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,” he said.
The CEO said TStv which was modelled for Nigerians had come to stay,
assuring that it would not fail and they would deliver on their
promises.
The guests at the ceremony were entertained with live performances by
musicians and comedians.
Among the dignitaries at the event were Gov. Akinwumi Ambode of Lagos
represented by the Permanent Secretary, Lagos State Ministry of
Information and Strategy, Mr Fola Adeyemi, and the Permanent Secretary,
Federal Ministry of Information and Culture, MS Grace Gekpe.
Others were the Director-General of National Orientation Agency, Dr
Garba Abari; former Minister of Aviation, Femi Fani-Kayode; Nollywood
actors including Emeka Ike. Adigwe Okafor, Zack Amata, Dr Opa Williams
and Afeez Oyetoro aka Saka.
NAN
Over 5000 Nigerians to be employed as TSTV launches October 1st
Over 5000 Nigerians to be employed as TSTV launches October 1st
September 29, 2017
Creative industry gets ‘pioneer status’
Creative industry gets ‘pioneer status’
August 13, 2017
Nigeria ready for investments in creative industry — Lai Mohammed
Nigeria ready for investments in creative industry — Lai Mohammed
August 28, 2017
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newspapers or any employee thereof.
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Read more at: https://www.vanguardngr.com/2017/10/fg-grants-tax-reliefs-tstv-africa/
Read more at: https://www.vanguardngr.com/2017/10/fg-grants-tax-reliefs-tstv-africa/
The Federal Government
has granted a 3-year tax relief to the newly inaugurated Pay TV operator
in the country, TStv Africa, as well as tax free dividends to all
investors in the company.
Lai Mohammed
The Minister of Information and Culture, Alhaji Lai Mohammed, announced
this on Sunday night in Abuja at a dinner to mark the official unveiling
of the new company.
TStv Africa is a wholly owned Nigerian Pay TV operator with refined
offerings of novel Unclassified Pay Per View subscription and
complimentary internet services.
Mohammed, who performed the official unveiling of the new company and
its products, said the tax reliefs were in line with the Pioneer Status
recently granted to the Creative Industry by the federal government.
The minister congratulated the Chief Executive Officer (CEO) of the
company, Dr Bright Echefu, and his team for liberalising and breaking
the monopoly of Pay TV in the country.
“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.
The minister 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.
“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 said.
The minister said 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.
However, he 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.
“With the liberalisation of the industry, content has become very key
because content determines which channels are being watched and which
are not.
“Another major challenge is how to get an accurate measurement of which
channel is being watched and which is not.
“Kenya and South Africa are about one third of our population but they
do much better in TV and radio advertisement than us because of their
robust audience measurement,” he said.
The minister announced that the National Broadcasting Commission and his
ministry would organise a workshop on Nov. 28 to address the challenge
of audience measurement.
Earlier, Echefu said that TStv Africa, which had gone through a lot of
challenges, was birth to liberalise PayTV in the country, make it
affordable to every Nigerian with added values.
He 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”.
Echefu 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.
He said as a fully Nigerian brand with consideration for the masses,
TStv is not classified and it has a model that accommodate subscription
as low as N200 as N500 for a period of time.
The CEO said TStv came with PVR (Personal Video Recorder) Decoder which
allowed viewers greater control over their viewing experience with
functions like pause, rewind, forward, save and record of programmes of
interest.
Echefu said that once you subscribe to TStv, you will also get
complimentary internet service, enabled Wi-Fi, as well as video calls
and video conferencing services.
“It has an array of amazing TV channels with premium entertainment,
educative programmes that cut across all genres.
“The genres included 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,” he said.
The CEO said TStv which was modelled for Nigerians had come to stay,
assuring that it would not fail and they would deliver on their
promises.
The guests at the ceremony were entertained with live performances by
musicians and comedians.
Among the dignitaries at the event were Gov. Akinwumi Ambode of Lagos
represented by the Permanent Secretary, Lagos State Ministry of
Information and Strategy, Mr Fola Adeyemi, and the Permanent Secretary,
Federal Ministry of Information and Culture, MS Grace Gekpe.
Others were the Director-General of National Orientation Agency, Dr
Garba Abari; former Minister of Aviation, Femi Fani-Kayode; Nollywood
actors including Emeka Ike. Adigwe Okafor, Zack Amata, Dr Opa Williams
and Afeez Oyetoro aka Saka.
NAN
Over 5000 Nigerians to be employed as TSTV launches October 1st
Over 5000 Nigerians to be employed as TSTV launches October 1st
September 29, 2017
Creative industry gets ‘pioneer status’
Creative industry gets ‘pioneer status’
August 13, 2017
Nigeria ready for investments in creative industry — Lai Mohammed
Nigeria ready for investments in creative industry — Lai Mohammed
August 28, 2017
Read Also:
BREAKING: Nigerian Can Now Play The U.S.A Megamillions!24Lottos
Falana - EFCC waiting for you; You're now member of commission, says
Fayose
Breaking: Buhari storms Maiduguri to felicitate with troops
We’ll launch Crocodile Smile in Ogun soon — Army
Oct 1 speech: Ohanaeze, Ezeife, others blast Buhari
The most effective way to lose weight! Special offer for you!Green
Coffee Beans
Scientists tell about the way to lose weight fast on live stream.
ClickGreen Coffee Beans
How To Get Tickets To the $346M U.S Official Mega Millions Lottery
Tickets ?24Lottos
Okogba
View all posts by Okogba →
Previous Post
Who will save Nigerians abroad?
Next Post
How rugby players hope to change Brazil
You might also like
More Katsina women doing drugs because of men - Saulawa
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More than half of Nigeria’s VAT comes from Lagos — Adeosun
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Badoo boys move to Ogun as Police screen 38 more
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More trouble for Wizkid!
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More oil woes as militants blow up Chevron's wells
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More Chibok girls to regain freedom soon, says Buhari
More Chibok girls to regain freedom soon, says Buhari
More residents besiege designated centres for Lake Rice
More residents besiege designated centres for Lake Rice
Recommended by
Disclaimer
Comments expressed here do not reflect the opinions of vanguard
newspapers or any employee thereof.
Latest News
8:44 pmAnambra guber: Nnewi Monarch Igwe Orizu endorses Chidoka
8:42 pmKogi Rice will feed the nation- Govt
8:39 pmIndependence Day:: 200 children pray for Nigeria in Ibadan
8:33 pmMilitia clashes kill 16 in eastern DR Congo
8:33 pmPoverty, ignorance, Nigeria’s problem, not restructuring –
Muiz Banire
8:32 pmAt least 16 dead as suicide bombings hit Damascus police
station
8:31 pmCatholic summit unites experts against online child porn
8:29 pmMumbai attack suspect to sue after claim he drank White House
wine
8:27 pmTwo children killed as India, Pakistan exchange of gunfire in
Kashmir
8:25 pmIndia cleans environment for Gandhi’s birthday
8:25 pmNigerian youths have been made e – rats but should brace up
for leadership roles – Buhari
8:20 pmWe are mobilising relief for flood victims in Edo State,
Obaseki assures
8:17 pmProud Pique a lightning rod in Catalonia chaos
8:04 pmRestructuring not solution to Nigeria’s challenges – Utomi
7:58 pmEFCC vs Patience Jonathan: Buhari should call Magu to order –
Ozekhome
7:55 pmNnamdi Kanu didn’t escape to UK, through Malyasia – IPOB
7:31 pmBayelsa Govt applauds Singabele over CAF appointment
View All
Sponsored
18+: 3 Natural Method To Get Rid Of Premature Ejaculation And Weak
Erection & Watery Sperm With No Side Effect
There is one popular belief that Black porn star are always hitting
it right. They always go long and do it better than...
FOR MEN: 3 Natural Method To Get Rid Of Premature Ejaculation And
Weak Erection & Watery Sperm With No Side Effect
How 49 Year Old Abuja Business Man That Used to Release in 40seconds
Now Last 25minutes In Bed And Increased His Manh00d
[18+ ONLY]:Forget Online S3x Stories! Get Permanent Cure For
Premature Ejaculation, Weak Erection And Other Sexual Dysfuntions. Last
At Least 35 Mins In The Other Room
Editorial
Low capital spending threatens economic recovery
THE announcement early last month by the Federal Minister of Finance
that only N350 billion had so far been released to...
Amnesty International, others should testify
Making telecoms masts safer around people
Our worsening poverty outlook
#Vanguardtraffic
Ozekhome rejects classification of IPOB as terrorist organization
Rights Lawyer, Ozekhome Rejects Classification of IPOB as Terrorist
Organization.
Paper Adverts
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Nnamdi Kanu didn't escape to UK, through Malyasia - IPOB121
Jonathan puts Africa in spotlight at Rhodes Forum in Greece48
Oct 1 speech: Ohanaeze, Ezeife, others blast Buhari631
Nigeria will not disintegrate — Bishop Oyedepo74
Independence Day Speech: Okechukwu blasts Ohaneze leaders for
spurning Buhari83
Nnamdi Kanu not in custody of Military, DHQ tells IPOB392
FG plans 10 new rail lines nationwide as new coaches arrive26
Videos
Video: Buhari storms Maiduguri, inspects, felicitates with troops
Video: Ex-President Jonathan’s VP Sambo observes Juma’at prayer with
Buhari
Garba Shehu says Biafran separatists grievances are false, politically
motivated
Video: Fayose declares presidential ambition
Trending
Yoruba language bill: Lagos schools risk N500, 000 fine, closure for
non-compliance
The Lagos State House of Assembly is proposing a fine of N500, 000
or closure of any school that flouts its proposed law...
…declaration of IPOB as a terrorist organisation is unfair, says
Nwodo at Chatham House
Why Awo did not make West to secede
E-editions
Download Official News App
Read more at: https://www.vanguardngr.com/2017/10/fg-grants-tax-reliefs-tstv-africa/
Read more at: https://www.vanguardngr.com/2017/10/fg-grants-tax-reliefs-tstv-africa/
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