NTA-Startimes 11-year deal yielded no revenue, DG tells Senate

The Director-General of the Nigerian Television Authority, Mallam Yakubu Ibn Mohammed, said on Monday that an 11-year joint venture arrangement between NTA and Startimes has not yielded any revenue for Nigeria since the deal was sealed.
The management of the Federal Government-owned television station entered into a partnership, known as NTA-Star TV Network, with a Chinese media firm, Beijing Star Group, in 2008 and it became operational in 2009.
The joint venture was described as a strategic partnership between the NTA and China’s most influential radio television enterprise, when it was consummated 11 years ago.
PUNCH