Justice Inyang Ekwo of the Federal High Court, Abuja on Wednesday endorsed the terms of settlement adopted by DAAR Communications Plc and the National Broadcasting Commission in resolving the dispute that arose following the suspension of DAAR Communications’ operational licence by the NBC.
In the settlement terms, DAAR Communications Plc owners of AIT/Raypower, agreed to furnish the NBC with a concrete proposal and ensure the prompt payment of the outstanding licence renewal fee for its national network broadcast licence. Similarly, the parties agreed that DAAR Communications Plc shall ensure that all programmes transmitted on its television and radio stations across the country comply with the provisions of the, 1999 constitution and the National Broadcasting Commission Act as well as the Nigeria Broadcasting Code.
The agreement was signed in the presence of Chief Mike Ozekhome SAN and Eseoghene Igbako, counsel to the plaintiff and NBC respectively.
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