Musings of a naija countryman
I have to start calculating earnings and expenditure in U$D now. They say sometime next year, Charles Soludo, the Central Bank Boss (our own Alan Greenspan) will re-evaluate our currency and the naira will change at $1.25 to N1 instead of the N125 to $1 at present. Somewhere in the back of the minds of most home-based Nigerians is the thought that we'll all become millionaires in dollars. I need an economist to break this down for me.
Multichoice/DSTV and Hi-TV.
I've been had. Middleclass Nigerians hustle for a few things to make life worth the hassle- A good apartment, a car or two, A generator for electricity, broadband internet connectivity and then cable TV. In Nigeria, we are exploited by many people- N16,000 monthly to Starcomms for broadband that has nothing broad about it and N9000 monthly for cable. For three years now, I'd been paying Multi-Choice, the South African-owned Cable TV Monolith, N9000 for the full bouquet which includes all of England's Premiership football. Near the beginning of each football season (August), I'd pay 4 or 5 months in advance. This was the case this year, I'd payed 4 months in advance at the end of June, and then found out that the company had lost 80% of the rights they once held to show football matches. They said nothing to us, allowed us pay, and then nothing on the first day of the Premiership, with 14 teams out of 20, playing.
A Nigerian Company, Hi-TV had paid more than Multichoice for the rights to show the football matches despite the South Africans claim they had upped their bid the previous year by 400%.
Like all football addicts here, in between cussing out Multichoice, I'm contemplating the foolish- add a Hi TV decoder? Its cheaper than Multichoice (which actually has more non-football content), but what happens next year when they have to bid again? What if a 3rd company outbids them both? A 3rd decoder? Can someone bring pay per view to Nigeria?