NBC Halts Debtor Stations Shutdown

 674 total views,  2 views today

Reprieve seems to have come the way of the indebted broadcast stations across the country as the National Broadcasting Commission (NBC) has temporarily suspended their shutdown.

Malam Balarabe Ilelah, Director-General of NBC, made the disclosure in a statement on Friday in Abuja.

The NBC had on August 19 revoked the licences of the AIT/Ray Power FM (DAAR Communication Ltd., Silverbird TV Network and 50 other stations over N2.6 billion debts.

The commission ordered the affected stations to shutdown in the next 24 hours and directed NBC offices nationwide to collaborate with the security agencies to ensure immediate compliance.

Consequently, the commission, on August 20, extended the period which all outstanding debts were to be paid from 24 hours to Wednesday.

The regulatory agency explainex that the extension of the enforcement date was due to an appeal by the affected broadcast stations, relevant stakeholders, public-spirited individuals and organisations.

However, the NBC boss said following the ultimatum, the commission received positive responses from the debtor licensees, including big players in the broadcast industry.

Said he: ”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 Organisations 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 said that the commission was not unaware of the difficulties the shutdown would have caused the operators and other stakeholders, pledging that the commission would always operate within the National Broadcasting Commission Act, Cap. N11, Laws of the Federation, 2004.

Share This

Related posts

Leave a Comment