BY AKINTOKUNBO AKIODE
“The NBC Act only gives it the power to receive, consider and investigate complaints regarding broadcast content. Nowhere in the Act is the NBC given powers to regulate the prices being charged on their services,” Onyebuchi, NBC’s deputy director, research and policy, said in his presentation. “The costs of satellite pay television are massive, ongoing and increase, rather than decrease, with time. Due to the current adverse economic situation, some of these factors have, over the years, negatively impacted our cost of doing business and have put us under very challenging conditions,” explained Ugbe.
Moro’s view is that PPV will result in the lowering of tariffs, as subscribers will pay only for what they watch. He was right, but still wrong. As those who presented memoranda, including pay television firms and stakeholders pointed out, PPV allows payment only for what is watched, but not in the manner presumed and is actually more expensive than the fixed subscription model in use.
NGRSenate Exactly the problem we are having in this country. Our so called regulatory body and not owning up to their responsibilities. The number one biggest economic extortion in this country, is this non-price regulatory system…..
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Foregrounded in probity' -- Fredrick Nwabufo unveils online newspaper, TheLink News | TheCableFredrick Nwabufo, columnist, journalist, and TheCable's former deputy editor, has launched a public-interest newspaper -- TheLink News. FredrickNwabufo I can't agree more FredrickNwabufo State police
Source: thecableng - 🏆 2. / 80 Read more »
2023: APC will benefit from Buhari's support base -- he commands huge integrity, says Oshiomhole | TheCableAdams Oshiomhole, former national chairman of the All Progressives Congress (APC), says the party will benefit from the 'support base' of President Muhammadu Buhari in the 2023 elections. MBuhari OfficialAPCNg officialABAT To the future Presidential aspirants, make sure you can confidently ask us to go and verify your records as Peter Obi has done! PeterObi has set the pace and you must follow that. Our eyes are widely opened now and our mumu don do. MBuhari OfficialAPCNg officialABAT 😁 😁 😁 😁 Joseph the dreamer. MBuhari OfficialAPCNg officialABAT Not this time
Source: thecableng - 🏆 2. / 80 Read more »
Three kidnap victims rescued as troops raid hideout in Kaduna | TheCableThree kidnap victims have been rescued by troops of operation Forest Sanity in Birnin Gwari area of Kaduna state. Samuel Aruwan, commissioner for internal security and home affairs in the Good news
Source: thecableng - 🏆 2. / 80 Read more »
FEC approves second phase of national sugar master plan to attract investment in sector | TheCableThe Federal Executive Council (FEC) has approved the second phase of the national sugar master plan (NSMP). FEC gave the approval on Wednesday in a meeting presided over by President
Source: thecableng - 🏆 2. / 80 Read more »