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Buhari

——FG To Grow Television Advertising Market By $200m Yearly

The Federal Government has announced plans to grow the television advertising market by $200 million per annum through audience measurement.

President Muhammadu Buhari disclosed this on Wednesday at the launch of the Nigerian Television Authority ( NTA) Ilorin digital switch over.

Represented by the minister of Information and Culture, Alh Lai Mohammed, the president added that that would be done through the development of digital economy.

Buhari also said that the digital economy would  create a N100
billion per annum free TV distribution network for Nollywood.

“We have watched our beloved Nollywood
movies from VHS tapes to VCD to DVD, whereas the whole world has moved
to digital consumption of content with its attendant benefits and
democratisation of distribution, we have been constrained by limited
penetration of internet in our homes. With the middleware in our set
top boxes, homes will be able to buy and watch the latest Nollywood
movies without the need for internet. Imagine a film released on
Monday morning being immediately available to all the households in
Kwara at the touch of a button.
That’s the kind of experience we are
talking about.

“In the meantime, there are a number of initiatives that we
will be focusing on in order to achieve a credible and effective
development of the digital economy. I will mention some of these
initiatives are the consumer proposition that is all-encompassing which
most Nigerians, and definitely majority of the people of Kwara, have
never had access to; creating tens of thousands of jobs through
technical and manufacturing opportunities. Set top box assembling and
ultimately manufacturing is an irreversible mandate by the government
to the industry. We expect this to extend very quickly to local smart
TV and tablet manufacturing. With our strong consumer base, we can
quickly become the supplier of these equipment to the whole of West
Africa.

“I am talking here of 30 digital channels and counting. Television is
all about content and we are going to ensure that more emphasis is
placed on this critical component of the industry.
“Of course the electronic programme guide (EPG) will also be a
platform for App developers to create products that will make life
easier for the home consumers, thereby creating and promoting an
industry of developers that will operate in both the Television and
Telecoms industries. For the people of Kwara, we welcome the
publishers of Apps to start looking for how to make living easier and
commerce easier,” he stated.

The president added that “the launch of the digital switch over (DSO) here in
Ilorin, Kwara state, puts us back on track in our digitization
efforts. As you would recollect, it’s now one year
since our last DSO launch in Abuja.

“Let me assure you all that we will not wait for another year before
our next rollout. In fact, the next launch will be barely 48 hours
from now, in Kaduna. We will then follow up rapidly to extend this
digital television experience to all the six geo-political zones, and
then across the entire country.”

Ends

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