The Minister for Information and Culture, Alhaji Lai Mohammed , on Tuesday, August 4 2020, announced that any broadcasting station that was found guilty of Hate Speech would pay a fine of N5m.
Initially, broadcasting stations were fined the sum of N500,000 but it has been increased to the sum of N5,000,000.
While speaking at the unveiling of the amended 6th edition of the Nigerian Broadcasting Commission code in Lagos, the Minister also revealed that the broadcasting stations found guilty would not only pay the fine of N5m, but after three warnings, they would also lose their license.
The Minister also added that broadcasting stations who aired foreign news that were damaging to the country’s security would be severely punished.
Other provisions of the new code include amendments in the coverage of emergencies, local content, political broadcasting, advertising and anti-competitive behavior, he added.
The amended code prohibits backlog of advertising debts to broadcasting stations in order to promote sustainability for station owners and producers of content.