“The government wants to initiate a reform that will make the broadcast industry more efficient.”
Indications have emerged that the Federal Government may not grant one-year moratorium request being sought for, by the Broadcasting Organisation of Nigeria for the industry to mitigate the effects of the Coronavirus pandemic.
“BON might not get exactly what it is looking for. The government wants to initiate a reform that will make the broadcast industry more efficient, ” the source said. However, the Vice Chairman of BON and CEO, Multimesh Broadcasting Company, Mr. Godfrey Ohuabunwa told The Guardian the two-month waiver would not make much impact on the industry, as over N100b revenue and jobs had been lost in the industry, due to COVID-19.It was gathered that the two-month waiver cost the Federal Government about N70m, while the one-year moratorium being asked for, would be N420m.
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