Debt Payment: NBC Suspends Shut Down Of Broadcast Stations, Gives New Deadline

Babatunde Shehu Ilehah,the Director General of the National Broadcast Commission, NBC, has extended the deadline to shut down broadcast stations whose licenses were revoked.

The Commission had directed that the broadcast stations to halt operations within 24 hours over a debt of N2 billion naira.

But in a major twist, the commission in a fresh statement on Saturday extended the shutdown deadline to Tuesday, August 23.

It stated the decision to extend the deadline was prompted by the “intervention of concerned groups” and visible efforts by some of the defaulting stations to clear their arrears.

“Following intervention of concerned groups and visible concerted efforts by some defaulting Licensees to offset their debts, the National Broadcasting Commission hereby serves this notice of an extension of the deadline to shut down to 6.00 PM on Tuesday, August 23, 2022,” the statement reads.

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