Home Business NBC SUSPENDS SHUTDOWN OF DEBTOR BROADCAST STATIONS.

NBC SUSPENDS SHUTDOWN OF DEBTOR BROADCAST STATIONS.

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The National Broadcasting Commission, NBC, has suspended the shutdown of the indebted broadcast stations all over the country temporarily.

NBC Director General, Balarabe Ilelah, said that the decision to suspend its initial shutdown of the indebted stations followed the responses received from the affected stations.

Ilelah maintained that positive responses received from the debtor licensees, including big players in the broadcast industry was responsible for the temporary suspension.

The regulatory agency had directed fifty-two broadcast outfits to shut down their operations over debts incurred by the organisations amounting to at least two point six billion Naira.

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