The National Broadcasting Commission (NBC) has revoked the licenses of the AIT/Ray Power FM (DAAR Communication L.td.), Silverbird TV Network and 50 other stations over N2.6 billion debt.
The Director-General of NBC, Malam Balarabe Ilelah, who made the disclosure at a news conference on Friday in Abuja, ordered the affected stations to shutdown in the next 24 hours.
Ilelah directed NBC offices nationwide to collaborate with the security agencies to ensure immediate compliance.
He explained that in May 2022, the commission published in the national dailies, the list of licensees that that are indebted to NBC, granted them two weeks to renew their licences and pay their debts or consider their licenses revoked, frequencies withdrawn.
” Three months after the publication, some licensees are yet to pay their outstanding debts, in contravention of the…
