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NBC announces suspension of shutdown of indebted Broadcast stations temporally
Economy
THE National Broadcasting Commission, NBC, has announced the suspension of the shutdown of the broadcast stations across the country temporally.
A statement signed by by Balarabe Shehu Ilelah, Director General of the NBC, 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.
He stated that 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.
It will be recalled that on Friday, August 19, 2022, the NBC issued a shutdown notice to licensee that are indebted to the Commission.
KN
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