Abuja - The National Broadcasting Commission (NBC) has revealed an ambitious plan to raise an estimated N69 billion to aid the transition from analogue to digital broadcasting within the country.
Emeka Mba, NBC Director-General, has confirmed the development and disclosed that the bulk of the money will come from the Federal Government, Punch reports.
The migration from analogue to digital broadcasting comes from a regulation set in place by the International Telecommunications Union. The regulation states that all countries must migrate from analogue to digital broadcasting on or before June 17, 2015.
As a result of the deadlines, frequencies will be released for other uses after this date, causing many to lose signal.
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Mba has revealed that part of the move to digital broadcasting will result in Nigeria only having two transmission service providers while most of the existing broadcasting providers will function merely as digital content producers.
Although a previous deadline of June 17, 2012 had been set for the country, resources were not available and the date had to be reset. Fears have arisen that Nigeria is still not ready for the transition, with Mba revealing that funds have yet to be released to get the digitisation plan underway.
When the move from analogue to digital broadcasting is completed, many existing analogue television sets will not be able to receive signals without being connected to a Set Top Box. Costs relating to the move will include the subsidization of 30 per cent of households with Set Top Boxes.
Funds are also required to buy off analogue transmitters from broadcasting organisations to aid them in the migration process.
Read more at Punch