The Director General of the National Broadcasting Commission (NBC), Is’haq Modibo Kawu has said it would shut down radio stations and television station for their indebtedness on licensing fees.
The DG made this known while briefing newsmen after a meeting with the stakeholders industry in Lagos on Monday.
According to him, any broadcasting station that failed to come up with a payment plan before September 15 would be shut down adding that the broadcasting stations are owing the commission N4.3 million.
He also noted that there was an agreement between the stakeholders and the NB in February 2017 on how to recover the debt.
He said; “There will be a consultative meeting between BON and NBC.
“Stations must try to regularise or work on a payment plan. The truth of the matter is if there is nothing definite done by trying to pay the money owed NBC we are going to close down quite a number of radio and television stations.
“Especially because we know that a lot of them are targeting elections and the money they will make.
“We will make it impossible for them to make that money because if they do not pay their licensing fees, then they have no right to enjoy any freebies from elections.
The DG also spoke on the issue of sanctions on various broadcasting stations saying that broadcasting ethics stresses that the peace and unity of the country should be paramount.