Categories: News

NBC suspends licences of AIT, Ray Power, Silverbird, Rythm FM over 2.6bn debt

The National Broadcasting Commission has revoked the broadcast licences of Silverbird TV, AIT, Raypower FM, and Rhythm FM among others over non–renewal of their broadcast licences amounting to N2.66 billion.

A statement by NBC on Friday noted that the move followed the publication of a list of stations yet to renew their licences. According to the Commission, a two-week waiver was given to them in May to do so after which they risked the revocation of their broadcast licences.

But three months after the publication, NBC said, “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.

“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.”

The broadcast regulator said the continued operation of the “debtor stations is illegal and constitutes a threat to national security”.

It called on other broadcast stations yet to renew their licences for the present duration to do so within the next 30 days to avoid sanctions.

“The Commission also calls on all IPTV (Internet Protocol Television) and all other broadcast stations that are streaming online to register with the Commission to avoid disconnection,” it added.

“Broadcasters should note that having a DTT or FM license does not warrant a broadcaster to stream online; they are two different licences.”

Trends Admin

Recent Posts

Zulum Defends NAF Airstrike, Says Jilli Market Closed Five Years Ago

Zulum Defends NAF Airstrike, Says Jilli Market Closed Five Years Ago Borno State Governor Babagana…

8 hours ago

Dabiri-Erewa Warns Obidients Could Hurt Peter Obi’s 2027 Ambition

Dabiri-Erewa Warns Obidients Could Hurt Peter Obi’s 2027 Ambition The Chairman of the Nigerians in…

9 hours ago

BREAKING: Troops Arrest 15-Year-Old Linked to Killing of Gen Braimah in Borno

BREAKING: Troops Arrest 15-Year-Old Linked to Killing of Gen Braimah in Borno Troops of the…

10 hours ago

Fayose Warns Makinde May Query Olubadan Over Absence at Ibadan Coronation Event

Fayose Warns Makinde May Query Olubadan Over Absence at Ibadan Coronation Event Former Ekiti State…

11 hours ago

Manchester City Beat Chelsea 3–0 to Close Gap on Arsenal

Manchester City Beat Chelsea 3–0 to Close Gap on Arsenal Manchester City delivered a commanding…

11 hours ago

Police Arrest Suspect Over Fake Job Interview Robbery in Magodo

Police Arrest Suspect Over Fake Job Interview Robbery in Magodo The Lagos State Police Command…

11 hours ago