The federal government has revoked the licenses of 54 radio and television companies for their failure to pay the license fees within 60-day stipulated window.
The Director General of the National Broadcasting Commission Mallam Is’haq Modibbo Kawu who disclosed this in Abuja on Monday said 120 other licenses that were paid for within the 60-day mandatory window but were not put to use for two years after payment were also being processed for revocation.
“Frequencies cannot be held indefinitely by individuals. We are delighted that Nigerians are investing in setting up radio and television stations; they create jobs; open up accesses for content producers to showcase talents and are contributing to national development. But no one has a right to hold on to allocated frequencies indefinitely, when the resource itself is finite and there are other people waiting and ready to make use of those frequencies’’, Mallam Kawu said.
Kawu also disclosed that stations would henceforth be required to turn in their annual reports for NBC to carry out the obligatory assessment of what constitutes a percentage of the annual turnover that they are also obliged to pay the commission.
He said some of the license fees were due even before the economy entered a recession; it means that they had refused to do the right thing even in a period of economic normalcy.
Meanwhile the commission yesterday extended the payment timeline for all debtor TV and radio stations to March 31.