The head of Gospell Digital Technology, Godfrey Ohuabunwa, has revealed that over N45bn will be required to allow digital broadcasting to take off in Nigeria.
Ohuabunwa, CEO and group MD, whose company makes set-top boxes in the Calabar Free Trade Zone, made the claim recently after his facilities were inspected by members of the National Broadcasting Commission (NBC) board.
He said the federal government is yet to release the previously approved N15bn to the NBC to facilitate the switchover from analogue to digital.
He claimed the delay in switching over could cost his company about US$50m, which has already been invested in human and material resources.
“If this digital switchover fails to take place, more than US$50m will be lost on our own side, not to mention by other people. On the job alone, we are going to lose about 5,000 to 6,000 direct jobs. This is why it’s a huge problem.
“We are worried that the delay in the NBC announcing its timetable is beginning to negatively impact on our production. We know how much resources, in terms of capital and human resources, we have put in for our dream to be realised.”
He urged the NBC to release a comprehensive timetable that will guide the digital switchover.
A number of Nigerian companies will attend the Mipcom international TV programme market in Cannes, France next month.
The annual event takes place between October 15 and 18 and this year’s theme is The Big Shift: Transitioning to a Reshaped Media Landscape.
The title reflects the growing demand for premium content in all facets of the media industry.
Nigerian companies at the event will include Ascend Studios, Ayanwale Kehinde Enterprises, Chinto Technologies, EbonyLife Media, Gospell Digital Technology and Salt & Truth. The National Broadcasting Commission (NBC) was meant to exhibit at the event but for reasons unknown will not be present, a spokeswoman told Content Nigeria.
Attending the world’s biggest entertainment content market will be industry leaders, producers, commissioners, distributors, media personnel, independent production companies, digital studios and brands and almost 2,000 exhibiting companies from around the world.
John Adewusi, MD of Lagos prodco Salt & Truth, said: “Mipcom is the ultimate content market for a producer, with many opportunities to collaborate and keep up with all that’s happening in the global content and production space. I will be there to gain knowledge, opportunity and, most of all, build relationships.”
Companies attending as commissioners will have access to top-level conferences, networking and keynotes events as well as the Mipcom world premiere screenings that will feature fresh content reaching the market.
Mipcom 2018 allows exhibitors to showcase their latest content. Adewusi said: “We will be there with our slate of content: a new format, a seven-part docuseries, a comedy series and a drama. These projects are in various stages, some in development, some completed and in need of distribution. We are there to present our stories to the world.”
Several conferences will be held where relevant issues like content creation, financing evolution, consumer trends, positivity of diversity and inclusion in the world TV landscape, content delivery and shaping the future of TV and entertainment will be discussed.
“Mipcom bridges the gap between the various levels of production. For Nigeria, it gives us local producers and creators a seat at the grand table, an opportunity to tell our stories and, with the right backing, assist us in amplifying these stories to the world,” said Adewusi.
Reporters for Content Nigeria and parent company C21 Media will be at the event, as well as the preceding MipJunior event on October 13 and 14.
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