Moreplex TV CEO Hails Reps For Backing Local Businesses

Entrepreneur and CEO of Moreplex TV John Okorocha has applauded the House of Representatives, led by Speaker Abbas Tajudeen and his Deputy, Hon. Benjamin Kalu, for championing the interests of indigenous businesses.

He particularly hailed the House for mandating the Federal Consumer Rights Protection Commission to halt the unfair practices against leading local investors in the aviation and oil and gas sectors, Air Peace and Dangote, and other local businesses by some foreign competitors.

The House had adopted a motion moved by Hon. Babjimi Benson (APC, Lagos), which mandated its 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 lauded the lawmakers’ actions, urged them to also intervene in the issue of Local Pay TV investors and their Big Capitalist competitors who held on to the Monopoly of Channels even when it was against the Code of 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 that NBC live by their own books through policy actions against some of those foreign Pay TV platforms.

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“Ending Monopoly and Exclusivity in the PayTV sector will encourage a lot of investors into the TV Industry thereby creating more jobs and offering 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 further agreed with Hon. Benson’s position that it took the entrance of the Air Peace into the Lagos-London route for Nigerians to have access to flight tickets as low as less than N1 million.

Okorocha maintained that with the cooperation of NBC such feat would be achieved in the Pay TV sector of the economy with more jobs created in the industry.