Connect with us

Business

Court Order: Abuja Customers May Boycott DSTV – GoTV

Published

on

Some Abuja residents yesterday threatened to boycott subscription to Multichoice Nigeria services following the company’s disregard of a court order restraining it from increasing its tariff.
Multichoice is providing satellite television and broadcast services to Nigerians and some other African countries through DSTV and GoTV channels.
The Tide source recalls that the restraining order was issued by a Federal High Court sitting in Lagos.
The order followed a class action suit filed by two Lagos-based lawyers, Messrs Osasuyi Adebayo and Oluyinka Oyeniji, against the company, challenging the increase in cost of subscription.
Justice Chukwujekwu Aneke of the Federal High Court in Lagos had on April 2, restrained the company from implementing its new subscription tariff from April 1, pending the determination of the suit.
The judge had said that there should be no increase until the court meets to hear and determine the case.
In his remarks on the court order, Mr Moyosore Onigbanjo (SAN), Multichoice’s lawyer, said that applications to discharge the order and to challenge the court’s jurisdiction to hear the matter had been filed.
Onigbanjo also explained that the order was made a day after Multichoice started the implementation of the new rates, and that the order was brought to the attention of his client on April 8.
According to Mr Adelaja Onipede, a client of Multichoice, the company has no reason whatsoever to increase its tariff because of the quantity of subscribers to its services in Nigeria.
Another Multichoice client, Miss Ngozi Anosike, said: “The company has not improved its services; rather, it is cheating innocent Nigerians who spend their hard earned money to subscribe to their services.’’
“We have not been able to get value for our money; this type of outright cheating needs to be curbed.
“The company should maintain the status-quo in line with the court’s order, period,’’ Anosike said.
Mr Danladi Dogo, a business man, on his part, urged the company to encourage Nigerians by investing more on the growth of the nation.
“It would be better for them to improve their services by showing the latest innovative programmes without frequent repetition rather than just siphoning our money away.
“In fact, they should reduce the tariff to enable people in the rural areas access the services easily and they should establish more offices across the country especially in the riverside areas.
“They should also focus on offering Nigerian students, at home and abroad, scholarships, creating jobs and carrying out other positive activities as part of their social responsibility,’’ Dogo said.
Mr Osuji Emenike, an activist, said he would encourage people to carry out a peaceful rally if, at the end of the month, Multichoice refused to address the issue.
“We have folded our hands enough for South Africans to take us for fools; look at what they are doing to our brothers in their country, we cannot do that to them here.
“No foreign company can disregard an order of the court in their country and it would be accepted calmly; Nigerians need to open their eyes.
“We parade ourselves as the ‘giant of Africa’ and allow people to cheat on us anyhow; this has to stop or else we would force it to stop,’’ Emenike said.
Multichoice Public Relations Manager, Ms Caroline Oghuma, had in a statement in March, said that there were some important factors that were considered before the company introduced the new tariff.
According to Oghuma, the factors included “the impact on the subscriber, current inflation, and efficiencies effected within the company that may offset the necessity for a price increase”.
The company also said that the increase in DSTV subscription tariff was not only in Nigeria but also in every country where Multichoice had its operations.
She explained that Multichoice implements annual subscription price increase in all its operating countries, however, a price increase was not implemented in Nigeria last year.
“We would like to reassure our subscribers of our best intentions and reaffirm our commitment to Nigeria which is clearly demonstrated through our continuous investment in the country,’’ Oghuma said.

People off-loading watermelon at Muda Lawal Market in Bauchi yesterday.

People off-loading watermelon at Muda Lawal Market in Bauchi yesterday.

Continue Reading

Business

AfDB Secures N3.4trn For Agro-industrial Processing In Nigeria

Published

on

Africa Development Bank (AfDB) and its partners have mobilised 2.2 billion dollars (about N3.4 trillion) to implement special agro-industrial processing zones in Nigeria.
The outgoing President of AfDB, Dr Akinwumi Adesina, disclosed this in a paper presented at the 2025 Standard Chartered Bank Africa Summit recently held in Lagos.
In a copy of the presentation obtained by The Tide’s source, Akinwumi said the fund would be deployed to implement the phase two of the special agro-industrial processing zones covering 24 states.
He recalled that the bank and its partners had supported the launch of the special agro-industrial processing zones in the first eight States – Ogun, Oyo, Cross Rivers, Imo, Kaduna, Kwara, Kano and the Federal Capital Territory-.
Adesina, a former Minister of Agriculture and Food Security, said the initiative would revolutionise Nigeria’s agricultural sector by enhancing food security, boosting domestic production and creating thousands of employment.
According to him, investments are needed to unlock the agricultural potential in Nigeria and Africa in general, especially for value addition to agricultural commodities.
To achieve that, he emphasised the need for the development of industrial platforms that would allow the continent to move up the agricultural value chains.
“The AfDB is investing massively in the development of Special Agro-industrial Processing Zones across Africa, enabled with infrastructure to support the establishment of industries to process and add value across a wide range of agricultural products.
“The bank has committed over 934 million dollar towards the development of the special agro-industrial processing zones.
“We have mobilised co-financing of 938 million dollar from partners, including the International Fund for Agricultural Development, the Islamic Development Bank, Japan International Cooperation Agency, and the West African Development Bank.
“We have also launched together with partners, the Alliance for Special Agro-Industrial Processing Zones to accelerate the development of these zones across Africa, with 3 billion dollar in commitments,’’ he said..
The AfDB President also disclosed that development of the special agro-industrial processing zones is ongoing in 27 sites across 11 countries in Africa.
Continue Reading

Business

Firm Distributes Over 266,000 Cocoa Seedlings To 11 States 

Published

on

About 9000 farmers across 11 cocoa producing states in Nigeria have benefitted from the distribution of over 266,000 cocoa seedlings and 6,000 shade tree seedlings distributed by Johnvents Group.
The initiative, according to the leading indigenous agribusiness and manufacturing company, is part of its commitment to sustainable agriculture across the country.
The large-scale initiative, executed under the company’s sustainability program Project Nourished Crop, Better Farmer, is also aimed at rehabilitating and regenerating cocoa farms in preparation for the upcoming planting season.
According to the company, the distribution supports its long-term target of empowering 150,000 cocoa farmers across 300,000 hectares of farmland by 2030.
The states covered in the distribution include Ondo, Cross River, Osun, Ekiti, Ogun, Akwa Ibom, and Abia, with key delivery figures such as: 61,000 seedlings in Ikom (Cross River state
Also, about 50,000 seedlings were distributed to farmers in Idanre and Oda, over 20,000 in Owo, 10,000 in Ile-Oluji in Ondo state, while 5,000 were distributed in Ila (Osun), 15,000 seedlings each in Ekiti and Ogun, and 20,000 in Ife, while Akwa Ibom and Abia received 10,000 seedlings combined.
Speaking on the initiative, the Group’s Sustainability Country Lead, Ebenezer Kehinde,  said the program ensures that farmers are adequately equipped as the rainy season approaches.
He said: “This initiative is part of our yearly commitment to the farming communities. As we approach the rainy season, it’s crucial that our farmers are fully equipped.
“This seedling distribution provides them with the essential tools, including seedlings, farm seeds, and sustainable farming practices, to help boost their productivity for the season ahead.
“This distribution is a vital step towards advancing Johnvents Group’s objectives of regenerative farming, with an emphasis on both cocoa and shade trees.
“By introducing shade trees alongside cocoa plants, Johnvents is fostering an environment where farmers can increase their yields while maintaining a sustainable and eco-friendly approach to farming.
“These efforts play an integral role in enhancing food security, improving farmer livelihoods, and contributing to the overall growth of the global cocoa industry.
“As part of its long-term sustainability vision, Johnvents Group will continue expanding its efforts with additional seedling distributions planned in the coming months.
“Through collaborative partnerships with farmers and industry stakeholders, Johnvents remains dedicated to driving lasting change in the cocoa sector and strengthening the foundation for a globally competitive agricultural value chain.”
He said beyond cocoa, the inclusion of shade trees underscores Johnvents’ regenerative agriculture model—enhancing yields, preserving the environment, and fostering climate-smart farming.
The company noted that additional distributions are planned in the coming months, in line with its broader sustainability goals and partnership-driven approach to strengthening Nigeria’s agricultural value chain.
Johnvents Group is an indigenous agribusiness and manufacturing company operating across production, processing, manufacturing, and distribution.
Its subsidiaries include Johnvents Cocoa Factory, Johnvents Trading, Johnvents Foods, Johnvents Farms, Premium Cocoa Product (Ile-Oluji), Haven Hauling, and Johnvents Industries DMCC.
With a focus on value creation, food security, and global competitiveness, the Group continues to play a leading role in advancing Nigeria’s cocoa and agricultural sectors through innovation, partnerships, and farmer empowerment.
Continue Reading

Business

Collaboration, Biotechnology Key To Food Security, Climate Change — NBRDA DG

Published

on

The Director General of the National Biotechnology Research and Development Agency (NBRDA), Professor Abdullahi Mustapha, has reiterated the agency’s commitment to leveraging modern biotechnology as a critical tool in ensuring Nigeria’s food security and sustainable development.
In a statement shared via his official Facebook page, Prof. Mustapha emphasized that outdated agricultural practices can no longer meet the demands of a growing population.
He stated that modern biotechnology is essential for sustainable farming, highlighting its role in empowering farmers to produce more food using fewer resources.
While noting that a well-nourished nation is a strong nation, the NBRDA DG stated that biotechnology offers innovative solutions that not only increase productivity but also help to protect the environment, restore degraded lands, and combat the effects of climate change.
Prof. Mustapha noted that while the NBRDA is steadfast in its mission to address Nigeria’s socioeconomic challenges through science and technology, progress in biotechnology cannot be achieved in isolation.
He called for greater collaboration among researchers, policymakers, and the private sector to drive innovation and scale up impactful solutions.
“Collaboration is the driving force behind innovation in biotechnology. We must unite to unlock the full potential of biotechnology for the benefit of our people and our planet”, he said.
The DG however assured that the NBRDA remains open to partnerships with individuals, institutions, and organizations who are committed to advancing biotechnology for sustainable national development.
Continue Reading

Trending