According to reports, Nigerian federal lawmakers are still looking into pay-per-view, pay-as-you-go, and price cuts ways and means for DSTV and other cable satellite carriers in the country.
Following the adoption of the Nigerian House of Respresentaion’s Ad hoc Committee on Non–Implementation of Pay–As–You–Go and Sudden Increment of Tariffs Plan by Broadcast Digital Satellite Service Providers’ reports and recommendations, there is renewed interest. Unyime Idem, the chairman of the Committee, presented the report and was discussed by the House on Wednesday in Abuja, Nigeria.
Nigerian lawmakers have now urged the Federal Government to respond swiftly to implement the provisions of the National Broadcasting Code and the Nigerian Information Policy of 2014. The House stated that this would encourage healthy competition in the business. The absence of apparent competitors in the industry, according to the House, was an implicit sanction of the current operators’ monopoly. Accordingly, the House recommended that putting government regulatory intervention measures in place sooner rather than later will revolutionise the sector and satisfy people’s desires for pay-as-you-go, pay-per-view, and lower prices.
According to the recommendation, the existing rules that regulate business operations should be fine-tuned to match the 21st-century regulatory regulations of a dynamic industry like the entertainment industry. In addition, the House stated that the commission with authority to license and regulate service providers’ activities must also have the power to moderate consumer protection.
The House stated that if a regulator is hampered by regulations that are not appropriately fitted to the needs of society, he can do little or nothing. According to the research, price increases and decreases have always been controversial problems in the economic sector between producers and consumers.
The House also cited the recent 2.5 per cent increase in VAT under the Financial Amendment Act of January 13, 2020, and the country’s shifting foreign exchange rate as reasons for the rise in subscription fees. Other factors include broadcast equipment, experienced staff, technical infrastructure, increase in bouquets for a more extensive selection, cost of production inflation, and the necessity to maintain a workforce.