The House of Representatives Tuesday rebuffed a raise in prices of StarTimes satellite TV bouquet. A House’ Ad hoc Committee on Pay-As-You-Go, headed by Rep. Unyime Idem (Akwa-Ibom-PDP), described the increment as “unacceptable” and, insisting that it must be “reviewed downwards”.
Idem explained that the increment, which is between 30 and 31 percent was not tenable as Nigerians are facing harsh economic climate and consequently gave the management two weeks to review downward the prices. ”
We will give you sometime to go back to the management and look at the increment as it relates to the 2.5 percent VAT increment, then come back to the committee.
What you have done is between 30 and 31 percent. But for this particular increase, we will not accept it”, he stated.
Earlier, the chief executive officer of Star Times, Mr. David Wang, told the committee that the new prices on different bouquets, operated by the satellite company were affordable.
For now all the prices are affordable for all Nigerians. The proces are cheap”. He disclosed that before the increase in price, Nigerians were given only 80 stations, but now subscribers are enjoying 100 channels.
Also speaking, the chief operating officer of the company, Mr. Tunde Aina appealed to the lawmakers to impress on the federal government to give bailout to the sector to enable them reduce the cost of subscription.