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Nigeria’s President, Muhammadu Buhari has directed the Economic and Financial Crimes Commission, (EFCC), to release the N10 billion recovered loot to the National Broadcasting Commission (NBC).
Director General of NBC, Mr. Modibbo Kawu revealed this in Abuja while addressing journalists on the forthcoming International
Conference for African Broadcasters (AFRICAST).
Conference for African Broadcasters (AFRICAST).
The fund was part of the proceeds from the sales of spectrum made by the past administration.
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He said, “President Muhammadu Buhari has gracious approved that the
N10 billion be returned to NBC so that we can use it for digital
transmission process.
N10 billion be returned to NBC so that we can use it for digital
transmission process.
The NBC Boss assured Nigerians that going by the level of work, the country will meet up with the Digital Switch Over (DSO) 2017 deadline.
Source: Daily Post
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