NewsNBC Axes AIT, Ray Power, Silverbird, Others

NBC Axes AIT, Ray Power, Silverbird, Others

spot_img

By Uche Mbah

Access Bank Advert

The National Broadcasting Commission (NBC)  has wielded the big stick as it has revoked the broadcast licences of Silverbird TV, AIT, Raypower FM, and Rhythm FM amongst others.

This, according to the Commission, is over their failure to renew their broadcast licences amounting to N2.66 billion.

UBA

The closure is meant to take effect after twenty four hours.

In a statement, the Commission said these broadcast organisations, which list was published among stations yet to renew their licences, ignored the window of waiver that was expected to put them in the clear.

“Three months after the publication, some licensees are yet to pay their outstanding debts, in contravention of the National Broadcasting Commission Act CAP N11, Laws of the Federation of Nigeria, 2004, particularly section 10(a) of the third schedule of the Act,” the statement said.

READ ALSO:  Nigeria Ranks 7th Globally for International Students In The United States

“Therefore, after due consideration, NBC hereby announces the revocation of the licenses of the…stations and gives them 24 hours to shut down their operations. Our offices nationwide are hereby directed to collaborate with security agencies to ensure immediate compliance.”

As at the time of filling this report, the stations were still broadcasting.


Discover more from The Source

Subscribe to get the latest posts sent to your email.

Share your story or advertise with us: WhatsApp: +2348174884527, Email: [email protected]

Your Comment Here

More articles

Discover more from The Source

Subscribe now to keep reading and get access to the full archive.

Continue reading