Connect with us

Featured

Again, DStv, Gotv Jack Up Subscription Rates

Published

on

Broadcasting company Multichoice has jacked up the prices of its offerings in Nigeria four months after its last increment.

The company reviewed prices in its packages across the board. The new prices will take effect from May 1, 2024.

With the latest price hike, the DStv Premium package increased from N29,500 to N37,000. Similarly, the DStv Compact+ went up from N19,800 to N25,000 while the Compact package increased from N12,500 to N15,700.

The Comfam package moved from N7,400 to N9,300. Yanga package moved up from 4,200 to N5,100 while Padi package increased from N2,950 to N3,600. HDPVR was increased from N4,000 to N5,000, the Access Fees package from N4,000 to N5,000, and XtraView moved from N4,000 to N5,000.

Meanwhile, the Gotv Supa+ package moved from N12,500 to N15,700, Supa package from N7,600 to N9,600, and Max package from N5,700 to N7,200.

While the Jolli package was jacked up from N3,950 to N4,850, the Jinja package moved from N2,700 to N3,300, and Smallie package from N1,300 to N1,575.

READ  Niger Coup: ECOWAS leaders in Abuja for emergency meeting

It will be recalled that the company implemented an upward review of prices in December 2023, days after announcing a $72m loss in its financial statement for the third quarter of the year.

Checks on the company’s reviewed price list then showed a 20 per cent per cent hike in the company’s packages across the board.

 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Featured

African Countries Working Against Air Peace, Allen Onyema Laments

Published

on

By

Chairman of Air Peace, Allen Onyema, has lamented that African countries are frustrating his airline with exorbitant airport charges to prevent it operating seamlessly in the region.

He laid the accusation at the 48th Annual General Meeting and exhibition of the National Association of Nigeria Travel Agencies (NANTA) in Lagos.

The airline chief, however, exonerated Ghana from the negative aero politics.

According to him, all other African countries where Air Peace operate, have continued to employ means of exorbitant airport charges to frustrate the private Nigerian flag carrier from operating into their market.

Onyema said while these African airlines operate flights into Nigeria without limitations, the reverse has been the case as their home countries write to Air Peace not to fly into their country.

He said whenever Air Peace challenged these negativity in court, the countries would reluctantly allow Air Peace to operate but afterwards use exorbitant airport charges to frustrate the airline.

He narrated: “It took us four years to get approval to fly into a West African country but their airline has been coming into Nigeria for many years. When we eventually started flying, they wanted to chase us away with exorbitant airport charges. They told us to pay $12,000 per landing. We cannot implement SAATM in a lopsided way and expect it to work.

“Some countries we fly into send us bills running into millions of euros. When we ask them how we incurred the bill, they won’t respond. We made payment and after making payment, they told us the account we paid into no longer exists and we need to make a fresh payment. I have never seen a country as welcoming as Nigeria but we are being stigmatised in other countries.”

He also disclosed that another African country asked Air Peace to pay 4 million euros as charges incurred, but when asked how they arrived at the charges, they got judgment to enforce the levy in a French court.

The Air Peace boss said the advantage Air Peace has over other airlines is that, it is flying people from other states in Nigeria to London via the Lagos airport, thereby saving passengers over N200,000 they would have paid on local destinations after arriving at Lagos airport.

“We studied to find out why Nigerian airlines failed on the London route, we know the issues and we addressed them. It is not totally the fault of Nigerian airlines. If I didn›t go to the media to expose what Gatwick and other airlines were doing to us, we would not have lasted on the Lagos-London route for two weeks,” he said.

The Minister of Aviation and Aerospace Development, Festus Keyamo, through his representative Hassan Tai Ejibunu, Director of Air Transport Management, Minister of Aviation and Aerospace Development, said the theme of this year’s AGM and exhibition, “Unlocking Africa’s Economic Potential: Travel and Tourism as Catalyst for Intra-Africa Business, Investment and Trade,” is apt.

Keyamo said the theme is in sync with the visionary thought of African leaders to integrate and facilitate trade and investment among the 55 countries of the African Union and eight Regional Economic Communities (RECs) in the continent, through the African Continental Free Trade Area (AfCFTA).

He said the five-point agenda, which are in tandem with the renewed hope agenda of President Bola Tinbu, are to “Ensure strict compliance with safety regulations and continuous upward movement of Nigeria’s rating by ICAO, support for the growth and sustenance of local businesses whilst holding them to the highest international standard in the aviation industry, improve infrastructures in the aviation industry, develop human capacity within the industry and Optimise revenue generation for the federal government.”

Continue Reading

Featured

Sunil Taldar Named Airtel Africa CEO to Retire As Ogunsanya Retires

Published

on

By

Airtel Africa Plc has named Sunil Taldar as the next Managing Director/CEO, disclosing the retirement of incumbent Chief Executive Officer, Olusegun “Segun” Ogunsanya, who is due to retire effective July 1, 2024.

Ogunsanya, who joined Airtel in 2012 and led the Nigeria Operations for nine years before becoming Group CEO in 2021, played a pivotal role in maintaining double-digit revenue growth and introducing innovative products across the African continent.

Building on his achievements as CEO, including the launch of the company’s first Sustainability Strategy, Ogunsanya will assume the role of the inaugural Chair of the Airtel Africa Charitable Foundation. The foundation, a separate legal entity independent of the Airtel Africa Group, will focus on digital inclusion, financial inclusion, access to education, and environmental protection.

 

Upon his retirement, Ogunsanya will provide advisory support to the Chairman, the Airtel Africa Board, and the CEO for a 12-month period. Simultaneously, Airtel Africa announced the appointment of Sunil Taldar as the Managing Director and Chief Executive Officer to succeed Ogunsanya. Taldar, who joined Airtel Africa in October 2023 as Director – Transformation, will begin the transition to the CEO role alongside Ogunsanya. Following a transition period, Taldar will be appointed to the Board as an Executive Director and assume the role of CEO on July 1, 2024. At that time, Ogunsanya will step down from the Board and retire from the Company.

“On behalf of the Board, I would like to thank Segun Ogansanya for his commitment and significant contribution to Airtel Africa plc as Chief Executive and before that as Managing Director and CEO of Nigeria, our largest market in Africa.

“I am pleased Segun has agreed, following his retirement, to assume the new role as Chair of the Airtel Africa Charitable Foundation, where he will bring his visionary leadership to this new philanthropic initiative to advance development and prosperity across Africa. Segun will retire from the Board with our very best wishes and sincere appreciation for everything he has achieved.

“The Board is delighted to appoint Sunil Taldar as the Group’s next Chief Executive Officer. His industry experience, strategic vision, constant customer focus and proven record of delivery will enable him to deliver our strategic objectives and to lead the Group in the next stages of its development.
In respect of the transition period, Segun continues to lead the business very effectively as seen in our financial results. Given that Sunil Taldar has already joined the Group, we are confident that we will have an orderly leadership transition and handover of responsibilities.

Sunil Bharti Mittal, Chairman, Airtel Africa plc

It has been a privilege to spend over 12 years of my career at Airtel Africa and I am proud of what we have delivered for customers across Africa.

We continue to transform lives. Now is the right time for me to handover to a new leader who can build on Airtel Africa’s strengths and deliver on the significant opportunities ahead as I pursue my renewed interest in the empowerment of Africans through digital and financial inclusion in a different capacity beyond the boundaries of for-profit organizations. This has been my ambition after a successful career spanning over 35 years in Banking, FMCG and Telecommunications”.

Continue Reading

Featured

Midoil, Ikosi/Ejinrin Host Communities Set up Forum, Hold Inaugural Meeting

Published

on

By

By Eric Elezuo

In a bid to actualise the setting up of a refinery to further enhance the production and distribution of petroleum in the country, and also facilitate the building of more affordable houses to bridge accommodation gap, Midoil Refining and Petrochemicals Company Limited, and its sister company, Serenecity, has inaugurated a forum with its host communities of Ejinrin, Sekungba, Arogbo, Ererufu, Mogo-Olowu, Lumodan, Ododugba, Agiden, and Jagirin.

The stakeholders, including Midoil and representatives of the host communities have since held their inaugural meeting at the Ererufu Community Townhall in Ikosi/Ejinrin Local Council Development Area, Lagos State, where matters of cordiality were raised and discussed.

Speaking to The Boss, the Executive Chairman of Midoil, Mrs. Elizabeth Omolara Akintonde (JP), said “The Forum was set up to promote cordial relationship between the management of Midoil Refining and Petrochemicals Company Limited and its host communities of Ejinrin, Sekungba, Arogbo, Ererufu, Mogo-Olowu, Lumodan, Ododugba, Agiden, and Jagirin.”

Addressing the communities, and other invited guests present, according to a statement by the Media and PR Consultant of Midoil, Mr. Gbenga Onayiga, and made available to The Boss, Chief (Mrs.) Akintonde noted that the Forum would provide a veritable platform for unfettered interaction with representatives of the communities and the company henceforth.

“This day, April 18, 2024, is quite remarkable for all of us as we hold our inaugural meeting to solidify our cordial relationship towards a common objective. This Forum will enable all concerned to deliberate on matters that will bring further developmental ideas and job creation to you, our Host Communities, Ikosi/Ejirin LCDA and Lagos State at large,” she said.

She reiterated the need for inclusivity in the planning and execution of the multi-billion Dollar project which would change the landscape of the area while appealing for the cooperation of all stakeholders.

According to Chief (Mrs.) Akintonde, “the Midoil 3 in 1 investments pursuant of its human capital development would provide massive employment and reduce poverty in Ikosi/Ejirin LCDA and Lagos State.

“In this light, we have directed contractors handling the Refinery and the Serenecity Construction Projects to patronize indigenes (in particular the women folks of the host communities) in the supply of basic building materials.”

The Midoil Chairman also promised to secure slots for youths from the host communities to pursue relevant technical courses at higher institutions of learning in Lagos State, to prepare them for absorption by the company when the Refinery commences production.

Introducing the contractors for the projects, Chief (Mrs.) Akintonde urged the community leaders to be good hosts to ensure a seamless and speedy execution of the landmark project.

The event also featured the inspection and familiarisation tour of the refinery location at Sekungba/Ejirin, with one of the stakeholders, UNILAG Consult, accompanied by security agencies and contractors that will be handling the fencing of the 364 hectares of land.

In attendance were Representatives of the major host communities led by their traditional rulers, including the Baale of Sekungba, Chief Solomon Omotayo; Baale of Arogbo, Chief Adesanya Oyenubi and Baale of Ererufu, Elder Gabriel Lawal.

The CEO of Gidi Real Estate Investment Limited, Mr Tobi Akerele, whose company is amongst the new investors in the Midoil 3 in 1 Investment Opportunities, other investors and stakeholders was also in attendance.

The company’s newly appointed Architect, CORNELIAN MELIRATE LIMITED led by its Senior Partner, Ms Jane O. Udoukpo, Midoil Legal Adviser, Harris-Isa, Omoloju & Co as well as the Legal Adviser of Ererufu, Arogbo and Sekungba communities, Barr T.A. Ogunlana were also present.

Others include friends of the company, Mrs Kofoworola Olowolagba and the Midoil Toastmaster, Mr Bennet Ogbeiwi.

Responding to the Chairman’s address, the communities’ youth leaders expressed confidence in the Midoil projects and the Board of Directors.

They pledged to give their utmost support to all consultants, contractors as well as keep the company in prayers at all times.

It would be recalled that on March 1, 2024, Midoil concluded the first phase of groundbreaking, involving Midoil Serenecity: A City Within a City.

Consequently, the 2nd Phase of Midoil 3 in 1 Investment, the Modular Refinery Ground Breaking & Foundation Laying ceremony for the fencing and Entrance Access of the Refinery Land will take place on July 12, 2024 at Ejinrin/Sekungba, Lagos State.

The purpose, according to Chief (Mrs.) Akintonde, is to stop the incessant sale and encroachment of the land by unscrupulous “Omo Onile.”

Incorporated in April, 2012, Midoil Refining and Petrochemicals Company Limited is poised to distinguish itself as a leading and reputable refining and petrochemicals company with the capacity of refining 100,000 barrels per day.

Continue Reading

Trending