The proposed NBC amendments will negatively affect businesses, discourage innovation, lead to loss of revenue for current investors and discourage potential investors from investing in Nigeria’s media, entertainment and creative industries. #SayNoToProposedNBCAmendments

The proposed amendment by NBC makes exclusivity illegal, compels content sub-licensing and aims to regulate the prices at which content is sub-licensed whether or not pay TV operators recoup their investment.

It is as though the NBC is turning private enterprise into state property. And several industry stakeholders have noted that the proposed amendments may destroy local sports, lead to job losses, hurt the economy and lead to loss of billions in taxes by the Federal Government.

This thread by @JasonNjoku clearly summarizes how destructive this proposed amendment will be. https://twitter.com/JasonNjoku/status/1270695917855944705?s=20

@simonkolawole Kolawole also captures his thoughts on the issue here https://www.thecable.ng/killing-the-broadcast-industry-softly