The National Broadcasting Commission (NBC) has issued a 96-hour ultimatum to debtor media organisations.
They have been given an ultimatum of August 24, 2022, to pay all outstanding debts.
The Director-General of NBC, Balarabe Ilelah issued a statement on Saturday in Abuja.
Ilelah said the extension followed an appeal by the broadcast stations, stakeholders, public-spirited individuals, and organisations.
The commission noted that the deadline was moved to give those affected more time.
“All affected broadcast stations who fail to defray their debts on or before Aug. 23, 2022, are directed to shutdown by 12a.m. on Aug. 24, 2022,” the DG said.
NBC had on Friday revoked the licenses of the AIT/Ray Power FM (DAAR Communication), Silverbird TV Network, and 50 others over N2.6billion debts.
The commission directed its offices nationwide to collaborate with the security agencies to ensure immediate compliance.
