Tag: Broadcast media owners

…Plans appeal to NASS Broadcast media operators across Nigeria are mobilising to formally challenge a controversial 4% development levy embedded in the country’s newly introduced tax regime, warning that the charge could further strain an industry already battling high operating costs. In a press statement issued yesterday, indigenous terrestrial and satellite television channels, alongside AM and FM radio stations, disclosed plans to write to the 10th National Assembly (NASS) demanding the expungement of what they described as an “illegally buried” levy in the new tax laws. The broadcasters said uncertainty…