The National Broadcasting Commission is preparing to draw up Radio and Television Network Licensing Agreement with Silverbird Communications limited, in readiness for Presidential approval.
Silverbird Communications emerged as preferred bidders on December 11, 2009, in the licensing process for one commercial radio and one commercial television network license in Nigeria.
In a bidding process initiated by the National Broadcasting Commission in September 2009, Silverbird Communications out-bid two other contenders in what the participants roundly described as a transparent process.
The other bidders who had earlier succeeded in scaling the technical bid along with Silverbird Communications were Daar Communications Plc, who were gunning for both radio and television networks, and Megalectrics, who were contending for a radio network license.
The financial bidding process went into the second round for both the radio and television licences without any of the contenders making the reserved price in the first round.
In the final round of bidding for the radio network licence Silverbird Communications emerged winner with an offer of one and a half billion Naira. Silverbird Communications also won the bid for the Television Network Licence, with an offer of three and half billion Naira.
Thanking the participants at the end of the process, the Director General, National Broadcasting Commission, Engr Yomi Bolarinwa, represented by the in-house bidding process Chairman, Mr. Mark Ojiah, praised their maturity and decorum throughout the process.
He expressed confidence in the ability of Nigerian executives to find common grounds for discussions on all issues, pointing out that the result of the bidding process should still leave the broadcast family as one united entity.
The Director General emphasised that the Commission would now forward the licence application of the preferred bidder to the Presidency for final grant of the licence in keeping with constitutional provisions. |
