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BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices - Politics - Nairaland

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9 Nigerian Politicians Who Own Media Houses - Newspapers, TV & Radio Stations / Rising Food, Fuel Prices Also Experienced In US, UK, Not Nigeria’s Problem — Lai / FG To Issue ‘Red Card’ To TV, Radio Stations (2) (3) (4)

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BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by politicoNG: 11:09pm On Mar 19
The Broadcasting Organisation of Nigeria (BON), has warned that the lingering fuel scarcity in the country may force broadcast stations to shut down operations very soon.

This warning comes as a result of the increase in costs of operation following the high cost of petrol and diesel.

The body stated that the rising costs of fuel and diesel has created huge shortfall for most stations thereby causing staff salaries being delayed.

It mentioned that the role of the broadcast stations as the most reliable source for information, entertainment and public enlightenment, is under serious threat due to the biting economic situation.

Broadcast stations, through their programming, help to maintain stability, security and peace in the country, which makes it highly important to keep them afloat, BON added.

The Executive Secretary of BON, Dr Yemisi Bamgbose, said in a statement that if nothing was done to immediately reverse the current trend, the stations may be left with no other option than to cease operation, noting this would open the media space up for fake news.

The statement read, “There is a lingering scarcity of petroleum products and diesel, which fuels the generating sets of these organisations, has more than doubled in price over the last four months.

“The value of the Naira has tumbled so badly while remaining very scarce affecting the repairs and replacement of broadcast equipment, all of which are imported.

“The National Broadcasting Commission’s levy of 2.5 % on turnover (not profit) outside of Station License fees, Federal Statutory taxes, State and Local Government taxes and Levies combine to impose a huge burden on the retained revenues of Broadcast Licensees.

“All broadcast stations (Radio and Television, Private and Public) are supported by the same pool of advertisers and while broadcast stations are increasing in number, the advertising spend has been reducing over the last ten years, owing to the dwindling economy, and this has adversely affected the income of Broadcast Organisations even as operating costs are increasing daily.

“Radio and Television stations typically need approximately 500,000 to 700,000 and 700,000 to 1,000,000 daily to run generators, which have become their main sources of power supply, to maintain their transmissions and keep the equipment at the optimal temperatures necessary for the efficient performance and sustaining the projected lifespan of their equipment.

“Broadcast media, being the source that public turn to for authenticating breaking news, must gather information, produce programmes and transmit same to keep the public informed and entertained. With diesel costs averaging more than N700 per litre and having to resort to buying petrol, from the black market, at more than N2000 per litre, Broadcast Organisations are recording such huge deficits that have resulted in staff salaries being delayed.

“These issues have to be addressed urgently to avoid the total shutdown of operations by Broadcast Organisations, most of whom have resorted to reducing transmission hours.
“Broadcast organisations that are, and have been for a while now, struggling to keep their stations on air are doing so in order to ensure unfettered access to verified and authentic information which helps to avoid the chaos that could arise from Fake News which could lead to public disorder.

“If the issues raised above are not addressed immediately, it portends grave consequences for the Nation as accurate, verified and information dissemination, public enlightenment and entertainment provided by conventional media organisations might no longer be available giving way to the uninhibited proliferation of fake news and unverified information.”

https://www.facebook.com/195852327134826/posts/4903286526391359/

2 Likes 1 Share

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by immortalcrown(m): 11:10pm On Mar 19
Sai baba in every sector grin

But fuel scarcity no fit stop gist and rumours in naija.

79 Likes 1 Share

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by alsudan: 11:11pm On Mar 19
Nigeria in ruins, thanks to Nigeria’s Minister of Petroleum.

147 Likes 7 Shares

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by FERNANDEZISBACK: 11:13pm On Mar 19
Nigerians are strong and love suffering a lot so that shouldn't be an issue tho..they will get over it just as they've been doing.. cheesy

No really big deal..looks like an average Nigerian enjoys the price hike all over.. Nigeria is heading to total collapse and if care is not taken it will be achieved in a very short while...

23 Likes 5 Shares

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by NwaNimo1(m): 11:15pm On Mar 19
....it has started.



...the collapse!

75 Likes 4 Shares

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by qekng40(f): 11:19pm On Mar 19
What the government wants.

Buhari is just too wicked to own a child talk more to govern a country!

102 Likes 5 Shares

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by Racoon(m): 11:20pm On Mar 19
Airlines, Broadcasting houses, SMEs and finally the economy. What a cursed government.

142 Likes 8 Shares

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by bibianna(f): 11:21pm On Mar 19
There's anger in the air but everywhere is still looking calm. It's a matter of time!

67 Likes 4 Shares

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by gaby(m): 11:50pm On Mar 19
My friend dey run him own intermittently.shutting down any moment from now.

2 Likes 1 Share

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by Nukilia: 12:42am On Mar 20
Only the PDP members are suffering, the APC members are not feeling the heat grin

121 Likes 8 Shares

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by AntiBeEmCe(m): 12:54am On Mar 20
Na to find three governors wey wan sponsor protest na im be petroleum minister problem...while the country grinds to a halt.

24 Likes 3 Shares

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by Penguin2: 12:58am On Mar 20
Airlines want to shutdown

TV and radio stations want to shutdown

Gencos want to shutdown

Police are going on strike

Nigeria should kukuma shutdown make everybody rest.

We warned fools against voting Buhari but they were following opolo-eyed idiot who was propelled by greed and his selfish ambition.

Look at Nigeria now

Ndi ala!

131 Likes 12 Shares

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by Nahunger(m): 5:20am On Mar 20
grin grin grin
Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by elmessiahs(m): 5:20am On Mar 20
Nigeria don cast
Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by ceaser: 5:20am On Mar 20
Bull-hari.

Kudos to you.

If airlines can be groaning, and radio stations lamenting, I don't know how SMEs can survive. And SMEs are the major providers of employment in any developed economies.

Bull-hari came, he saw, he conquered destroyed.

Tinubu said "he wants to step into your shoes" and that statement speaks volumes. And he has indeed been showing some resemblance to you from his misyarns utterances and actions. So he wants to step in to continue all the nonsense that you did for the past 7 years? That is why Nigerians are calling for him not to throw in the gauntlet.

For afflictions shall not rise a second time.

CYBERWEAVER:
The APC has failed Us again and again but some clown are still canvassing for them.

God bless Jonathan

Accusing people of still supporting APC and Buhari, yet you are guilty of the same crime in greater dimension.

Àbí why would anyone still be supporting another failure after many years that he has been shown his way out of government?

Perhaps you will accept the fact that Buhari had no shot at the presidency because he tried hard for three times but the good people of Nigeria kept rejecting him. Not until GEJ began to be an embodiment of failure and disappointment.

GEJ's failures gave Buhari (a reject) a chance at the presidency.

48 Likes 6 Shares

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by Bobloco: 5:21am On Mar 20
We have never had it so bad

12 Likes 1 Share

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by Mourinho24(m): 5:21am On Mar 20
Buhari administration just be like say we dey fight war. All sector of the economy has died just like 1983 when he was in power. Even his own petroleum ministry, the man failed woefully. Who said affliction will not rise the second time? Come and see how affliction has risen twice.

17 Likes 3 Shares

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by CYBERWEAVER(m): 5:24am On Mar 20
The APC has failed Us again and again but some clown are still canvassing for them.

God bless Jonathan

10 Likes

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by updatedws: 5:24am On Mar 20
how some people still manage to defend the man beats me... they always have something to say in defense.
*spits*

53 Likes 5 Shares

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by oneolajire(m): 5:24am On Mar 20
Buhari and Femi Adesina will be glad with this kind of news.

Do you know why?

1) 98% of the media houses in Nigeria don't broadcast good news about this administration.

2) Media houses seems to be the only opposition party in Nigeria as the PDP doesn't know how to play opposition

36 Likes 4 Shares

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by ImDStar: 5:25am On Mar 20
cheesy grin grin I like Buhari's government because the hardship and suffering cut across everybody, I am very sure no APC member is buying diesel for #280 or #300 grin grin, even the rich are crying now.
Why would someone with complete brain and sense still open his or her mouth in support of this fail government and the failures warming up for 2023?

Your president is in UK hospital undergoing medical [/b] checkup[b] ,their party chairman is in UK hospital undergoing medical [/b]checkup[b] as well, and his citizens are suffering, no good health care, no light, no fuel, no diesel, no good road, no running water, with wanton corruption here and there. Nothing is working, and you see nothing wrong with that? That's wow!!

I have come to realize that the problem of Nigeria is not majorly lack of education but mental illness and slavery. we have majority of supposed educated people still speaking big big English that cannot buy then fuel in filling station, opening their mouths and chanting sai Baba, vote Tinubu, vote Atiku.

Nigeria is afflicted with majority of foolish people unfortunately.

If you say you won't have sense, na suffering go kill you las las.

If you like, vote Tinubu and Atiku again, your suffering just started, they've all been in politics before majority of you were born, the problems they couldn't solved in over 20years, they're coming to tell you now that they will solve it and you start chanting like canary.

Suffering go reset your brain, when next time a useless politician comes to your station for campaign, you will learn to asked the right questions like normal human does and praise.

28 Likes 3 Shares

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by gambojimeta: 5:27am On Mar 20
Hahahaha. Na waoh
Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by F22RAPTOR(m): 5:29am On Mar 20
Some of the foools that voted in this failure still want to vote in okpolo eye because they are being paid. It will never be well with all of you that supported a colossal failure despite knowing his antecedents. Nonsense

22 Likes 3 Shares

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by Bobloco: 5:29am On Mar 20
The country is really collapsing on our head

1 Like 3 Shares

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by Kate06(m): 5:31am On Mar 20
grin

Please,let them shot down. At least we will rest from this daily report on Tinubu.

Today,Tinubu visits Taribo West. Tomorrow, Tinubu visits Adam Oshiomole. Next week, Tinubu promise to fight dirty on 2023 2033 election . As if na e papa get Nigeria.

Make una park well joor. All these Tinubu apologists. What do you have to offer? Reason an average journalist is poor.

I remember Sen. Smart Adeyemi then when he was a Journalist,very poor man but as soon as he became a politician ,everything changed.

Journalist who are supposed to champion the change we need in the country,they will rather collect brown envelops to keep publishing stories on a particular individual. Shame!

12 Likes 2 Shares

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by handsomeyinka(m): 5:32am On Mar 20
..
Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by Equal2DeTask(m): 5:37am On Mar 20
grin
Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by Tundex911: 5:40am On Mar 20
I saw this coming, cuz of the rate of diesel price and this station always make use of diesel everyday...

A station around my area dat close midnight now close their programs 10pm,though next in line are the communication services

Bubu administration, failure

Though I no blame bubu sha cuz some of Station are part of the failure cuz they indirectly support the administration some people way quote me wrong here but I now Las Las we go dey alright

Peace ✌️

4 Likes 1 Share

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by BarrElChapo(m): 5:41am On Mar 20
The country eh. Not surprised that things got harder and yet may even get harder.
Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by AFONJAPIG(m): 5:55am On Mar 20
Hahahaha let's elect another clown to continuity we are in hereditary governor

2 Likes 1 Share

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by Grace001: 5:57am On Mar 20
Failed country, pity yourself if you still have hope in this useless entity

8 Likes 2 Shares

Re: BON: TV, Radio Stations To Shut Down Over Skyrocketing Fuel Prices by Gadafii: 5:58am On Mar 20
Some backs will start closing down branches in weeks to come, buhari is a disaster

10 Likes 3 Shares

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