News

N2.6bn debt: NBC suspends closure of 53 broadcast stations

The National Broadcasting Commission (NBC) has temporarily suspended the shutdown of the indebted broadcast stations across the country.

The NBC Director-General, Balarabe Ilelah, made this known via a statement made available to The Star on Friday.

It would be recalled that the commission, on August 19, revoked the licences of 53 broadcast stations in the country over N2.6 billion debt.

The commission ordered the affected stations to shut down in the next 24 hours and directed NBC offices nationwide to collaborate with the security agencies to ensure immediate compliance.

NBC later extended the period which all outstanding debts are to be paid from 24 hours to Wednesday.

READ ALSO: NLC to NBC: Praise media for surviving hardship not sanction

It stated that the extension of the enforcement date was due to an appeal by the affected broadcast stations, relevant stakeholders, public-spirited individuals, and organisations.

However, the NBC DG, on Friday, said following the ultimatum, the commission received positive responses from the debtor licensees, including big players in the broadcast industry.

Ilelah stated: “Sequel to a follow-up meeting held with Executives of the Broadcasting Organisations of Nigeria (BON), and other critical Stakeholders in the industry, the Commission has decided to temporarily suspend the shutdown of the indebted Broadcast stations all over the Country.

“We express our profound appreciation to the Broadcasting Organisation of Nigeria, the affected licensees and Broadcast Stakeholders for their responses and interventions. We, specifically, thank DAAR Communications Ltd and Silverbird TV/Rhythm FM for their responses.

“The Commission is not unaware of the difficulties this shutdown must have caused the operators and other stakeholders, but must state that the Commission will always operate within the National Broadcasting Commission Act, Cap. N11, Laws of the Federation, 2004.”

The Star

Segun Ojo

Recent Posts

Liverpool striker Isak suffers broken leg

Liverpool striker Alexander Isak has undergone surgery after breaking his leg in the Premier League…

16 minutes ago

Anthony Joshua to lose £32m after Jake Paul victory

British boxer Anthony Joshua is set to lose an estimated £32 million in taxes following…

19 minutes ago

Oil prices slip after US govt threatens to sell Venezuelan crude

Oil prices slipped on Tuesday, December 23, 2025, as traders weighed geopolitical risks against bearish…

1 hour ago

FG rewards Super Eagles with housing, land for AFCON 2023

The Federal Government has finally honoured its earlier promise to reward members of the Super…

1 hour ago

Militia abduct 12 worshippers en route to Maulud prayers in Plateau

Suspected militia members in Plateau State have abducted 12 Islamic faithful who were travelling to…

3 hours ago

Davido tips Super Eagles to defeat Morocco 3-0 in AFCON final

Afrobeats star Davido has predicted a convincing 3-0 victory for Nigeria over Morocco in the…

3 hours ago

This website uses cookies.