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…demands palliatives to survive
…may alter tarrif to an acceptable level
One of the leading Cable Network providers in the country Startimes, has blamed the recent 7.5% tax increase and the high exchange rate of dollars to the Naira as responsible for the recent hike in subscription of its services.
This revelation was made on Monday at the ongoing probe into the hike in price of its subscription to its customers especially at this time when Nigerians are grunning under serious economic hardship occasioned the Coronavirus outbreak.
The organisation says it is currently operating the pay as you watch for targeted Nigerians.
The management of Startimes Cable Television Network has justified the reasons for the recent hike by 10 and 30 percent respectively across the board.
It always says the organization is currently operating the pay as you watch tariff to meet the aspirations of a section of the Nigerian society who are sparsely at home all day, all week all month and all year round.
Members of the committee were however not pleased with the arbitrary increase in tariff especially coming at this time when Nigerians are already groaning under serious economic hardship caused by the Coronavirus pandemic.
They also called for cooperation between Startimes and the parliament in arriving at strategy to improve services to the Nigerian people.
The Startimes management appeal for parliatives to enable it offset some extra cost incurred in the cause of its operations occasioned by high exchange rate in acquiring equipments abroad as well in power power generation to run its equipment.
The committee however insisted on return to status quo by reverting to the old rate for the benefit of the Nigerian people whom the organization is serving.
Startimes however agreed to return in two weeks time with a decision on an acceptable tariff as well as modalities for the pay as you watch model.
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