The National Broadcasting Commission, Friday, announced that it revokes the broadcast licenses of Silverbird TV, AIT, Raypower FM, Rhythm FM and others.
The commission has given the stations 24 hours to shut down operations.
In a statement on Friday, the commission said this was a result of the failure of the media houses to renew their broadcast licenses which cost N2.66 billion.
The Director-General of NBC, Mallam Balarabe Shehu, who made the disclosure said a two-week waiver was given to them in May to do so after which they risked the revocation of their broadcast licenses.
But three months after the publication, NBC said, “some licensees are yet to pay their outstanding debts, in contravention of the National Broadcasting Commission Act CAP N11, Laws of the Federation of Nigeria, 2004, particularly section 10(a) of the third schedule of the Act.
“Therefore, after due consideration, NBC hereby announces the revocation of the licenses of the…stations and gives them 24 hours to shut down their operations. Our offices nationwide are hereby directed to collaborate with security agencies to ensure immediate compliance.”
He also directed its state offices to liaise with security agencies to ensure the shut down of the operation of the stations within the next 24 hours.