![]() The license expires in 5 years and depending on the location and type of radio or TV station you run, you will require between N4 million to N5 million to renew the license. License registration costs a minimum of N50, 000. Applications are forward to the President of Nigeria through the Minister of Information. After this, you will need to obtain license from the Nigeria Broadcasting Commission (NBC). You will need between N50, 000 to N100, 000 to complete the whole process with CAC. First of all, choose a suitable name and register your station with the Corporate Affairs Commission (CAC). In Nigeria, you cannot start a radio or TV station without having the required license. or do you want to combine all these? It is also important to have a business plan that clearly states your purpose and ways to implement the plan. Do you want to focus on Sports, music, traffic update (especially for a city like Lagos), talk shows, etc. You should also determine the radio station broadcast format your station will follow. Here, you need to get full understanding of how the industry works both in terms of revenue and operations. As simple as planning is, it is one of the most vital sets in starting up any business, including a radio or TV station. From here, you should be able to estimate how much you will need to start a radio or TV station. To give you an idea and a rough estimate of how much you will need to start a radio or TV station, we will highlight the processes involved and how much you need for each of the processes. This is because there are lots of variable factors to be considered including the type of radio or television station you want, the location of the station, the bandwidth range you want and other technical considerations. Getting the exact estimate of how much you will need to start a radio or television station can be difficult. Although the business is among the most lucrative in Nigeria at the moment, there is so much more involved in starting and implementing your plans. Owning a TV or radio station in Nigeria does not come cheap. Processes and Cost of Starting a Radio or TV Station in Nigeria In this post, we will take a look at the necessary things to put in place and how much it costs to start a radio or television station in Nigeria. For instance, starting a radio or TV station in Lagos, Abuja or Port Harcourt is usually more o than starting one in other parts of the state.Īnyone can start a radio or television station, in as much as you have the capital to start and the basic requirements. Also, it should be noted that the cost starting either a radio or televisions station varies with location. Starting a televisions channel or a station is, as expected, much more expensive than starting a radio station. There is a huge difference between starting a radio and a television station in terms of capital. While the whole world has appreciated and continues to appreciate the impact of radio and television today, there is still a need to increase the number of radio and TV stations and channels to allow more variety for viewers and listeners, hence, the open radio or television channel/station market. Apart from the fact that they serve as sources of first-hand news, they are also seen as the main stream of entertainment and socialism. We provide customization facility to our esteemed patrons, in order to meet the dynamic patron’s demand in an appropriate manner.The importance of radio and TV stations cannot be underestimated. We keep on modernizing our techniques of fabrication, in order to survive up with the ever-altering business environment. Steady market research is carried out by us and we keep a close eye on modifications taking place in technology so that we can incorporate those modifications in our devices and deliver the best in the market. Fabricated and designed with the aid of innovative technology, our devices are high in demand amongst the patrons. All our devices are recognized in the market for its unique qualities such as classy design, user-friendly, superior quality, reliable, cost-effective, compact size, simple to use, attractive looks, sleek designs, technically improved, high functionality and long-lasting nature. In our range, we offer various high-quality devices such as Radio Receiver, Set Top Box, LED TV and Extension Cord. Enterprises, are a noted OEM manufacturer, supplier, exporter and trader of various Electronic Devices at rock bottom rates.
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