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N2.6bn debt: NBC revokes licences of AIT, Silverbird, 50 others

Roland Edwards by Roland Edwards
August 19, 2022
in Breaking News, News
0

The National Broadcasting Commission (NBC) has revoked the licences of AIT/Ray Power FM (DAAR Communication Ltd., 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 shut down in the next 24 hours.
N2.6bn debt: NBC revokes licences of AIT, Silverbird, 50 others
Ilelah directed NBC offices nationwide to collaborate with security agencies to ensure immediate compliance.

He explained that in May 2022, the commission published in the national dailies, the list of licensees that are indebted to NBC, granted them two weeks to renew their licences and pay their debts or consider their licences revoked, frequencies withdrawn.

”Three months after the publication, some licensees 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 licences of the under-listed stations and give them 24 hours to shut down their operations,” he said.

The D-G said that the other stations affected were Zuma FM, Suleja, Niger State, Bomay Broadcasting Service L.td., Kogi, Kwara, Niger, Gombe, Lagos, Osun, Ogun, Ondo and Rivers States Broadcasting Corporations and Stations.
N2.6bn debt: NBC revokes licences of AIT, Silverbird, 50 others
He listed other stations to include Katsina Broadcasting Corporation, Kaduna State Broadcasting Corporation, Jigawa Broadcasting Corporation, Kebbi State Broadcasting Corporation, Zamfara State Broadcasting Corporation and Yobe State Broadcasting Corporation.

Similarly, Ilelah said 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 among the affected stations.

He urged all broadcast stations who have not renewed their licences for the current duration to do so within the next 30 days to avoid sanctions.

He also called on all Internet Protocol Television and all other broadcast stations that are streaming online to register with the commission to avoid disconnection

” Broadcasters should note that, having a DTT or FM licence doesn’t warrant a broadcaster to stream online; they are two different licences.’

Tags: N2.6bn debt: NBC revokes licences of AIT Silverbird 50 others
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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.