By Liade Akinboade
ABUJA -Â President Umaru Yarâ€™Adau has approved the establishment of more broadcast network in Nigeria to broadcast along other existing government owned radio and television networks.
The Federal Government owned Federal Radio Corporation of Nigerian (FRCN), and Nigerian Television Authority (NTA) are the only broadcast stations that currently has licence to carry out network broadcast.
The Director General of Nigeria Broadcasting Commission (NBC), Engr. Yomi Bolarinwa, who made this known in Abuja, said the President has directed the immediate commencement of licensing process of more broadcast network to broadcast along existing government owned radio and television networks.
According to him, â€œ the commission has sought and received the approval of President Umaru Yarâ€™Adua to commence the licensing process for commercially operated and privately owned radio and television network services, to operate alongside the existing Federal Government owned radio and television networks.â€
He noted that given the enormous population size and cultural diversity, economic prospects, the new initiative would ensure the development of broadcast industry in the country.
Besides, â€œthis move is within the framework of the Federal governmentâ€™s economic reform programme aimed at modernising the Nigerian economy and expanding the role of the private sector in driving sustained economic development.