He also disclosed that TV and radio stations that have been issued licenses but have failed to come on air within the mandatory two years of kickoff will also have their licenses revoked.
“Over the past two weeks, I gave directive that the licences of 54 companies issued licences but had refused to pay their fees within the mandatory 60-day window be revoked. And those licenses are revoked. There is another list of over 120 licences that were paid within the mandatory period but were unable to come on air, within the mandatory two years; they are also being processed for revocation. And they will be revoked. Frequencies cannot be held indefinitely by individuals. We are delighted that Nigerians are investing in setting up radio and television stations; they create jobs; open up accesses for content producers to showcase talents and are contributing to national development. But no one has a right to hold on to allocated frequencies indefinitely, when the resource itself is finite and there are other people waiting and ready to make use of those frequencies.”
Kawu also gave television and radio stations owing the commission about N5 billion as licence fees a deadline of March to pay up or be shut down.
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