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NBC suspends revocation of licences of indebted broadcast stations

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NBC Revokes Operating licences of 54 broadcast stations over N2.6bn debt -  The Lens News
NBC suspends revocation of licences

The National Broadcasting Commission (NBC) has suspended the revocation of licences of broadcast stations who have failed to renew them.

Balarabe Shehu Ilelah, director-general of the NBC, said this in a statement on Friday.

”The National Broadcasting Commission on Friday, August 19TH, 2022, issued a shutdown notice to licensee that are indebted to the Commission,” the statement said.
”Following the ultimatum, the Commission received positive responses from the debtor Licensees, including big players in the broadcast industry.
”Sequel to a follow-up meeting held with Executives of the Broadcasting Organisations of Nigeria (BON), and other critical Stakeholders in the industry, the Commission has decided to temporarily suspend the shutdown of the indebted Broadcast stations all over the Country.
”We express our profound appreciation to the Broadcasting Organisation of Nigeria, the affected licensees and Broadcast Stakeholders for their responses and interventions. We, specifically, thank DAAR Communications Ltd and Silverbird TV/Rhythm FM for their responses.
”The Commission is not unaware of the difficulties this shutdown must have caused the operators and other stakeholders, but must state that the Commission will always operate within the National Broadcasting Commission Act, Cap. N11, Laws of the Federation, 2004.”
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