Tag: Monopoly
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For broadcasting, an early celebration of the death of monopoly – By Okoh Aihe
In moments of soaring confusion, some salient but very troubling issues may just develop unnoticed. Life goes on while those issues could build into a broth that could trouble the body in future. Especially in businesses where every Naira invested is of major interest to the investor, such things could either help the image of…
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Why FG is breaking monopoly in broadcasting – Lai Mohammed
The Minister of Information and Culture, Alhaji Lai Mohammed, says the Federal Government is determined to end all forms of monopoly in broadcasting because it is detrimental to the actualization of the immense potential in the industry. The minister stated this on Sunday at a meeting with Online Publishers in Lagos. Mohammed recalled that he,…
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Buhari grants passport printing monopoly to NSPMC
President Muhammadu Buhari has granted the Nigerian Security Printing & Minting Company (NSPMC) the monopoly for the production and personalization of all Nigerian E-passports and related documentation. Buhari gave the directive today. Popularly known as The Mint, the company was established in 1963 with the objective of producing the nation’s currency notes and coins for…
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Japan Govt to tighten regulations against tech firms
Amid concerns about monopoly and users personal data, Japan’s government is planning to set up a new regulatory system to watch over big tech firms such as Facebook and Google. According to a presentation made at a government advisory panel on Wednesday, the new regulator will examine competitive practices, the protection of personal data, and…
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No exclusive monopoly in power distribution – Fashola tells Discos
The Minister of Power, Works and Housing, Mr Babatunde Fashola has allayed fears of Electricity Distribution Companies (Discos) over government’s investments in solar energy plants. Fasola allayed their fears at the 20th Monthly Power Sector Stakeholders’ Meeting hosted by Enugu Electricity Distribution Company (EEDC) in Owerri. The minister said that the Discos expressed their fears…