The National Broadcasting Commission (NBC) has asked African Independent Television (AIT), Silverbird Television (STV), and 50 other television and radio stations to pay their debts before Tuesday, August 23, 2022.
This was contained in a notice of extension issued by NBC on Saturday following 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.
Okay.ng recalls that NBC on Friday revoked the licenses of 53 broadcast stations over mounting debt amounting to N2.6 billion.
