Skip to content
July 16, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • NLC seeks downward review of media operating licences
  • National News

NLC seeks downward review of media operating licences

Admin August 25, 2022
ekiti state

Michael Ojo

August 25, 2022

The Nigeria Labour Congress (NLC) has urged the federal government to urgently review downwards the operating licences of media organisations in the country in response to the prevailing harsh economic situation.

This is contained in a statement issued by the NLC President, Mr. Ayuba Wabba, in Abuja.

The call comes as the NBC notified the management of 52 electronic media organisations in the country of its decision to withdraw their licences for their inability to pay their licence renewal.

NBC had also on Aug. 20, extended the period which all affected media houses should pay their outstanding debts before Aug. 23.

Wabba however, described the action by the NBC as a “slippery road to press emasculation’’.

“The most palpable reason for the failure of many of the media houses to pay for the renewal of their operating licenses could be easily found in the deteriorating economic conditions in Nigeria.

“This is understandable given the severe stress and strain that businesses in Nigeria have been subjected to owing to fallout of the COVID-19 lockdown in 2020.

“The ongoing disruption in global and domestic energy supply, the foreign exchange volatilities, and the associated hyper-inflation, ’’he said.

He said that many media houses just like most businesses in Nigeria suffered the double jeopardy of escalating business costs and plummeting revenues.

“To compound the situation is the epileptic supply of electricity with the national grid collapsing intermittently for the umpteenth time in recent months,’’ he said.

He also said this was in addition to the soaring and scary rising energy costs which hit electronic media houses hardest given that they must always be on air whether it makes economic sense or not.

“There are salaries to pay, maintenance services, and sundry basic operating costs to keep the media houses running and serving their listening and viewing public.

“Amidst these operational suffocations, how does the NBC expect the media houses to generate the money to renew their operating licenses?

“Indeed, Nigeria’s media houses should be eulogized for resilience, and tenacity in the face of prevailing economic blizzards, ’’he said.

Wabba noted that the action of the NBC also smacks of insensitivity to the welfare of the staff of the media houses which operations were been shut down.

He said it was unthinkable that in the middle of “very traumatic economic realities’’, government would be thinking of flinging many Nigerians into the unemployment market.

He noted that this was not new, as recently the Nigeria Governors Forum had made a case for the mass sack of Nigerians in government employment.

“The unsolicited advice which had been robustly deflated by the NLC reveals a very embarrassing underbelly in the thinking of those commanding the reins of power in Nigeria today- crass insensitivity.

“This is very sad and unfortunate,” Wabba said.

He said that in defence of the media, democratic and economic rights of Nigerians, the Congress called on the NBC to rescind its decision to withdraw the operating licenses of the affected 52 media houses.(NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Mr Ayuba Wabba NLC

Post navigation

Previous Taliban say they’ve not found body of al Qaeda leader
Next First smartphone made in Ivory Coast caters to local users

Related Stories

Army nabs suspected illegal mining kingpin, three others in FCT Troops
  • National News

Army nabs suspected illegal mining kingpin, three others in FCT

July 16, 2026
Romance Scam: EFCC Hands Over Forfeited Assets to Australian Victim in Lagos. Scammers
  • National News

Romance Scam: EFCC Hands Over Forfeited Assets to Australian Victim in Lagos.

July 16, 2026
NPC inaugurates home-based online birth registration
  • National News

NPC inaugurates home-based online birth registration

July 15, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Army nabs suspected illegal mining kingpin, three others in FCT Troops
  • National News

Army nabs suspected illegal mining kingpin, three others in FCT

July 16, 2026
Romance Scam: EFCC Hands Over Forfeited Assets to Australian Victim in Lagos. Scammers
  • National News

Romance Scam: EFCC Hands Over Forfeited Assets to Australian Victim in Lagos.

July 16, 2026
NPC inaugurates home-based online birth registration
  • National News

NPC inaugurates home-based online birth registration

July 15, 2026
Nigeria’s inflation rate drops to 15.91% in June- NBS total value of trade
  • Business & Economy

Nigeria’s inflation rate drops to 15.91% in June- NBS

July 15, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.