The CEO of Moreplex TV, Mr John Okorocha, has applauded the House of Representatives for asking the Federal Consumer Protection Commission to halt the unfair practices against leading local investors in the aviation and petroleum sector, like Air Peace and Dangote by some foreign competitors.
Recall that the Green chamber had in sequel to a motion moved by Babajimi Benson of Ikorodu federal constituency, mandated the committees on aviation, commerce, and petroleum (upstream and downstream) to investigate the circumstances surrounding the predatory pricing practices and unethical business competitive behaviours by foreign airlines and IOCs.
Okorocha, who applauded the actions of the lawmakers, asked them to intervene specifically on the issue of local pay TV investors versus their big capitalist competitor who has held on to monopoly of channels even when it’s against the code of the Nigerian Broadcasting Commission (NBC) as amended.
The Moreplex TV boss called on the Federal Government and other relevant agencies like the Federal Consumers Rights Protection Commission to mandate the NBC to live by their own books through policy actions against some of these bigger pay TV platforms.
“Ending monopoly and exclusivity in the PayTV sector will encourage a lot investors into the Industry and thereby create more jobs and offer our people much more for less. Even where several courts have ruled against these actions, the NBC has not effectively implemented them,” Okorocha added.
He agreed with Benson who stated that it took the entrance of Air Peace into the Lagos-London route for Nigerians to have access to flight tickets for as low as less than N1 million.
Okorocha added that with the cooperation of NBC that such feat would be achieved in the Pay TV sector of the economy with more jobs created in the sector.
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