Nigeria to earn over $1bn from Digital Switch Over – Minister

Nigeria to earn over $1bn from Digital Switch Over – Minister

The successful transition of Nigeria’s broadcast from analogue to digital broadcasting will fetch the country over $1billion (about N450billion) yearly, Minister of Information and Culture, Alhaji Lai Mohammed has said.

The minister who spoke yesterday in Abuja while declaring open the 11th Biennial Conference of Africa Broadcasters (Africast), said the opportunities of digitisation are almost limitless as it will also help create jobs for the youths.

He said in addition to increased revenue, digital broadcasting would also raise the number of the current 450 TV stations in the country. He said: “The digitisation of broadcasting offers Nigeria a lot of opportunities; the benefits are multifaceted and very far-reaching – in the areas of economics, politics, education, entertainment, science and technology and several others. Read more

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