The Minister of Information and Culture Lai Mohammed has stated that there will be a regulation of online news platforms with a fine placed on those who spread fake news.
A statement issued on Thursday, October 10, revealed that there would be a review of the fine on hate speech from N500,000 to N5 million.
The statement reads:
“The terms of reference of the committee are as follows; To establish and publish a new regulation for the licensing of web and internet broadcasters/international broadcasters in Nigeria,” he said.
“To immediately commence work on all statutory, legal and regulatory framework for further legislative action on the review of the NBC act by the national assembly.
“To work out the modalities for a competitive and reasonable salaries, wages and other welfare needs of the staff of the commission.
“To establish necessary protocols for the establishment or appointment of professionals or technocrats (non-partisan personality) to run the agency, and appointment into the board of the NBC.
“I have no doubt that this committee, which comprises highly-experienced professionals and administrators, will carry out a thorough job that will reposition the NBC as an effective and efficient regulator,” Lai added.