LAGOS, Nigeria (VOICE OF NAIJA)- The National Broadcasting Commission (NBC) has revoked the broadcast licenses of Silverbird TV, AIT, Raypower FM, and Rhythm FM amongst others over failure to renew their broadcast licenses amounting to N2.66 billion.
A statement by NBC noted that the move followed the publication of a list of stations yet to renew their licenses. 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 licenses.
“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 NBC said in a statement.
“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”.