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/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/
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