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

This revelations was made yesterday at the ongoing probe into the hike in price of it’s subscription to it’s customers especially at this time when Nigerians are groaning 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.
The management said 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
They also call for cooperation between Startimes and the parliament in arriving at a strategy to improve services to the Nigerian people.

The Startimes management appeal for palliatives 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 equipments.

The committee however insisted on return to status quo by reverting to the old rate for the benefit of the Nigerian people whom the organisation 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.