NBC suspends debtor channels closure

The Nationwide Broadcasting Fee is briefly suspending the closure of debt-loaded stations throughout the nation on Friday.

The regulatory physique stated the choice to droop the preliminary shutdown of the debt-loaded stations adopted responses obtained from the affected stations.

NBC Director Basic, Balarabe Shehu Ilelah, introduced the suspension in a press release Friday.

The PUNCH had reported final Friday that NBC 52 was directing broadcasts together with the African Impartial Tv, Silverbird Tv and the broadcasters run by varied state governments to close down their actions.

NBC hinged its guideline on debt incurred by the broadcasters amounting to at the least N2.6 billion.

However in a press release on Friday, Ilelah insisted that constructive response obtained from the debtor licensees, together with main gamers within the broadcasting business, was chargeable for the short-term suspension. assertion learn: “Following a follow-up assembly with executives from Nigeria’s broadcasters and different essential business stakeholders, the Fee has determined to briefly droop the closure of the indebted Broadcas t-stations throughout the nation.

“We categorical our deep appreciation to the Broadcasting Group of Nigeria, its affected licensees and Broadcast Stakeholders for his or her responses and interventions. We particularly thank DAAR Communications Ltd and Silverbird TV/Rhythm FM for his or her responses.

“The Fee just isn’t conscious of the difficulties this closure will need to have precipitated to operators and different stakeholders, however should state that the Fee will at all times function throughout the Nationwide Broadcasting Fee Act, Cap. N, Federation Legal guidelines, .”

All rights reserved This ma materials and different digital content material on this web site is probably not reproduced, printed, broadcast, rewritten or distributed in entire or partly with out the prior categorical written permission of PUNCH.

Contact: theeditor[at ]punchng.com

Leave a Comment

%d bloggers like this: