TP
President Bola Ahmed Tinubu has pledged the Federal Government’s support for the Nigerian media as it confronts economic pressures and the growing dominance of global technology companies.
The president said his administration would back the evidence-based campaign of local media organisations against anti-competitive practices and the economic challenges threatening the sustainability of the industry.
Tinubu described the press as an indispensable partner in Nigeria’s journey toward economic stability, press freedom and social cohesion. He stressed that the government would work towards removing fiscal barriers and addressing the issue of digital dominance that is affecting traditional media operations.
The president made the assurance during an interfaith dinner with a delegation from the Nigerian Press Organisation led by its president, Lady Maiden Alex‑Ibru.
The meeting was disclosed in a statement issued by Segun Adediran, the Chief Executive Officer of the Newspaper Proprietors’ Association of Nigeria.
According to Tinubu, the government is already reviewing the tariff exemption list and will consider including key items used by media organisations. These items include newsprint, printing plates, chemicals, and radio and television broadcast equipment.
He noted that many of these materials currently attract tariffs ranging between five and ten percent, a cost burden that significantly affects the operations of media houses across the country.
The president emphasised that reducing such financial pressures would help strengthen the media sector and ensure its continued role in promoting transparency, democratic governance and national development.
How do you feel about this article?
Share this story
OA
Oyetoke Adedayo Ebenezer
Admin
Dedicated to bringing you the latest news and stories from Glow Media.
Comments (0)
Be the first to comment on this article!
