TSTV Gives DSTV A Run For Their Money As New PayTV Debuts In Nigeria

The Federal government has granted a three-year tax relief for new PayTV platform, TSTV, as it officially launched in the country on Sunday, October 1, 2017.

Minister of Information and Culture, Lai Mohammed, made the disclosure in Abuja last night at the unveiling of TSTV.

Mr Mohammed hailed the new television platform, saying TSTV will totally redefine television industry in the country, as it will provide access to people in all segments of the society.

“Dr. (Bright) Echefu (TSTV Managing Director), you have come at a very good time because this government only recently granted a pioneer status to the Creative Industry and what this means is that you will be entitled to a three-year tax relief and all your investors will not pay any tax dividends.

“What Dr. Echefu has done is to democratize the media and entertainment industry and make it possible for all to have access to the best entertainment in the world. Just like a Nigerian also made history by crashing the cost of telephony in Nigeria, I am glad that another Nigerian is now coming forward also to crash the price of PayTV,” he said.

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