He commended the management of Metrodigital Limited (owners of the firm) for what he said was their patriotic step in setting up the satellite television, saying: “It is becoming very clear that we are on the right path to our collective recovery and prosperity. This is our country; the only one we can truly call our own and we must fix it by ourselves.”
The SGF added: “In recent times, Nigerians have been yearning for alternatives to Satellite Pay Tv that can serve as an alternative to the existing ones. SLTV has responded very loud and clear and from the information made available to me, they are willing to give their fellow compatriots real value for their money in terms of service quality and affordability.
“It is gladdening that Metrodigital recognises the fact that the federal government has demonstrated an unwavering commitment through robust policies and legal frameworks to promote free competitive and responsible broadcasting service in Nigeria, devoid of any form of monopoly and unfair market practices in the broadcast industry in line with the determination of the administration of President Bola Ahmed Tinubu, to turn the Nigerian economy around.”
“Since his ascendancy as the president of Africa’s most populous nation, the President has made enormous policy changes in his quest for economic recovery, one of the results being the reason that we have gathered here today.”
“Nigeria is an opportunity that is impossible to replicate or find elsewhere in any part of the world. The federal government wishes to assure the Management of SLTV of her full backing as they continue to do legitimate business in the broadcast industry of Nigeria.”
In his remark, the managing director of Metrodigital Limited, Dr. Ifeanyi Okafor, lamented that the growth of pay TV in Nigeria had been hampered by policies and legal frameworks that encouraged monopoly.
He said his firm was, however, encouraged to invest because the government had started to take positive steps to address the issue.