N4.3B Debt: NBC May Shut Down Over 200 Radio, TV Stations

 

 

The National Broadcasting Commission (NBC) said it may be forced to close down radio and television stations across the country over N4.3billion indebtedness to the regulatory commission.

This is just as the commissioned stated that the over 200 affected debtor broadcast stations have till September 15,2018 to come up with the payment plans or risk sanction

The Director General of NBC, Is’haq Modibo Kawu made this known at the sidelines of the stakeholders meeting with licensees of the commission wax

He explained that the broadcast stations that are indebted to the commission comprised both television and radio stations, adding that part of their indebtedness was the failures by operators to renew their licences with the commission over the years.

The NBC boss stated that refusal by operators of these broadcast stations to meet licensing obligations, had been a persistent pattern of behaviour of NBC licensees.

He frowned at the recalcitrant attitude of the licensees towards paying their debts, warning that it would not be business as usual.

According to him, “The only action the NBC has taken regarding outstanding licence fees was to give all stations owing the commission a deadline to pay or be shut down, the deadline has since passed but the commission has not gone ahead to shut down any station yet.”

 

 

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