Thursday, May 15, 2025
  • About Us
  • Advertise
  • Careers
  • Contact
Oyo Reporters
  • Home
  • News
  • Politics
  • Entertainment
  • Business
  • Education
  • Sports
  • Health
  • Law
No Result
View All Result
  • Login
Oyo Reporters
No Result
View All Result
Home Business

NBC shuts down AIT, Silverbird, Raypower, Rhythm FM, 50 others over N2.6bn debt

OyoReporters by OyoReporters
August 19, 2022
in Business, Entrepreneurs, News
2 min read
0
0
SHARES
61
VIEWS
Share on FacebookShare on Twitter

The National Broadcasting Commission has revoked the licences of AIT, Silverbird TV, Raypower FM, and Rhythm FM, alongside 50 other stations over N2.6 billion debt.
Malam Balarabe Ilelah, Director-General of NBC,  gave the indication at a news conference held on Friday in Abuja.

Ilelah ordered the affected stations to shut down operations within 24 hours, saying that NBC offices nationwide would, in collaboration with the security agencies, ensure immediate compliance.

Related posts

No Content Available

According to him, in May 2022, the Commission published the list of indebted stations and gave them two weeks ultimatum to renew their licenses or have it revoked.

He said that “Three months after the publication, some licencees are yet to pay their outstanding debts, in contravention of the NBC Act CAP N11, Laws of the Federation of Nigeria, 2004, particularly Section 10 (a) of the third schedule of the Act.

“In view of this development, the continued operation of the debtor stations is illegal and constitutes a threat to national security.

“Therefore, after due consideration, the NBC hereby announces the revocation of the licenses of the under-listed stations and give them 24 hours to shut down their operations.” 

Other stations affected were Zuma FM, Suleja, Niger State, Bomay Broadcasting Service Ltd., Kogi, Kwara, Niger, Gombe, Lagos, Osun, Ogun, Ondo and Rivers states broadcasting corporations and stations.

Also listed were Katsina Broadcasting Corporation, Kaduna State Broadcasting Corporation, Jigawa Broadcasting Corporation, Kebbi State Broadcasting Corporation, Zamfara State Broadcasting Corporation and Yobe State Broadcasting Corporation.

Imo State Broadcasting Corporation, Anambra State Broadcasting Corporation, Cross River State Broadcasting Corporation, Bayelsa State Broadcasting Corporation, Borno State Broadcasting Corporation and Crowther FM Abuja were also affected.

Ilelah urged broadcast stations that were yet to renew their licenses to do so within 30 days to avoid sanctions.

He also advised all Internet Protocol Television and other broadcast stations streaming online to register with the Commission to avoid disconnection, adding that “Broadcasters should note that having a DTT or FM license doesn’t warrant a broadcaster to stream online; they are two different licenses.” 

Share this:

  • Facebook
  • X

Like this:

Like Loading...
Tags: indebted broadcasting stationsnational broadcasting corporationnbc shuts down stations
Previous Post

MAN urges FG, states to synergize for economic stability

Next Post

Aquaculture: Stakeholders brainstorm on fish disease risks management

Related Posts

No Content Available
Next Post

Aquaculture: Stakeholders brainstorm on fish disease risks management

Excitement as Nigerian Baptist Convention feeds prison inmates with 1,000 loafs of bread

Leave a ReplyCancel reply

ADVERTISEMENT

RECOMMENDED NEWS

4.2 million women, children receive care against malnutrition under SOLINA Health Limited project in Oyo

11 months ago

Aseyin commends state government over proposed Iseyin-Ogbomoso Road construction

5 years ago

Worshippers visit Prophet Kolawole as mother Alice passes on at age 101

3 years ago

Nollywood mourns again as Baba Igbomina passes on

2 years ago

BROWSE BY CATEGORIES

  • Agriculture
  • Business
  • Crime
  • Culture
  • Education
  • Entertainment
  • Entrepreneurs
  • Environment
  • Exclusive
  • Health
  • History
  • Law
  • News
  • Opinion
  • Politics
  • Religion
  • Sports
  • Tourism
  • Travel
  • Uncategorized
  • Vacancies in Town

BROWSE BY TOPICS

abiola Ajimobi adebo ogundoyin akinyele local government area all progressives congress apc bishop francis wale oke bishop wale oke bola tinubu chairman chief sunday adeyemo commissioner of police COVID-19 economic and financial crimes commission efcc federal government governor seyi makinde Ibadan ibadan zonal office ibedc John Ayodele National Assembly nwachukwu enwonwu oba saliu adetunji olubadan of ibadan olugbenga fadeyi oyo state oyo state command oyo state government oyo state House of assembly oyo state police command paulesi pentecostal fellowship of nigeria peoples democratic party pfn police public relations officer ppro president president muhammadu buhari prof. banji akintoye senator sharafadeen alli sunday adeyemo sunday igboho UI university of Ibadan wilson uwujaren

POPULAR NEWS

  • Breaking: Shock as Rev. Oyor, Ibadan-based deliverance minister, bows to death

    0 shares
    Share 0 Tweet 0
  • Olofa of Offa: Report of monarch’s alleged acquisition of private jet goes viral

    0 shares
    Share 0 Tweet 0
  • Ridicule traditional religion, get stripped of your honour – Ifa priest warns Obas, theatre practitioners

    0 shares
    Share 0 Tweet 0
  • NSCDC arrests 8 suspected kidnappers in Iseyin

    0 shares
    Share 0 Tweet 0
  • Aseyin commends state government over proposed Iseyin-Ogbomoso Road construction

    0 shares
    Share 0 Tweet 0
  • LAUTECH elevates Ajenikoko, Ogunleye, 29 others as professors, 52 become readers

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
Oyo Reporters

At OyoReporters, we are a team of research-oriented, thoroughbred journalists guided by standards and ethics of the profession as well as in-depth knowledge of Oyo State, our coverage area.

Follow us on social media:

Recent News

  • PFN laments hardship in Nigeria, prays for God’s intervention at Akwa Ibom 2025 Retreat
  • How to check 2025 UTME results
  • Baptist Convention to President Tinubu: Convene security summit with ex-Presidents, security chiefs

Category

  • Agriculture
  • Business
  • Crime
  • Culture
  • Education
  • Entertainment
  • Entrepreneurs
  • Environment
  • Exclusive
  • Health
  • History
  • Law
  • News
  • Opinion
  • Politics
  • Religion
  • Sports
  • Tourism
  • Travel
  • Uncategorized
  • Vacancies in Town

Recent News

PFN laments hardship in Nigeria, prays for God’s intervention at Akwa Ibom 2025 Retreat

May 13, 2025

How to check 2025 UTME results

May 6, 2025
  • About Us
  • Advertise
  • Careers
  • Contact

© 2020 Oyo Reporters
Optimized by IChannelTech.

  • Login
No Result
View All Result
  • Home
  • Politics
  • News
  • Business
  • Culture
  • Health
  • Sports
  • Education
  • Law
  • Travel
  • Vacancies in Town
  • Opinion

© 2020 Oyo Reporters
Optimized by IChannelTech.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

%d