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Half-baked Reality TV, Count me Out – Murray Bruce

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Guy Murray-Bruce, president of Silverbird Entertainment, a novel and stylish multi-functional unit, exudes passion for broadcasting

His exposure to radio management has exposed him to the challenges of a competitive growth in an emerging market, and he knows more than most that competition is a healthy part of business.

Silverbird Expansion Programme

Yes it is. We’ve been given licenses to operate in four cities: Awka, Benin, Jos and Yenogoa; both radio and television and we are in the process of setting up these stations in these regions before the end of the year.

Cost of Expansion

I can’t discuss facts and figures with you but it’s a lot of money and we are spending prudently.

Differentiation

Well, some of the programmes will be on re-transmission. Some would be daily broadcasts; some would have its own local content depending on the region where they are.

Establishing Own Pay TV Platform

No, we’re just focusing on terrestrial for now. Pay TV is a different ball game entirely.

And we just want to expand our terrestrial across the nation first before we go into any other side of business.

Silverbird TV Stands Out From Other Channels

It depends on who’s watching. I think good quality programming be it foreign or local, gets the eyeballs, gets the viewers attached to their TV sets and that’s critical. As a result, gets a fair market share. That’s what’s paramount in the business. If you establish a station just specifically for glamour and no financial rewards, you’re just there for entertainment only, nothing else and that’s a different story. But we’re here for both reasons: for entertainment and also to get a huge market share; which I’ve explained, of course.

Major Challenges

The big challenge we have, I think would be power supply. I think that affects everybody in the whole nation, in all walks and parts of life. Power is critical in one’s existence and certainly affects our business. Right now you hear the hum in the background. It’s the generator. As a result, we are polluting air and I don’t like it but we have no choice. When you the pollute air, it affects the lives of younger and older people who have respiratory problems and could easily die from it. You see, when there’s no power we’re indirectly killing people without even knowing it; the elderly, the young who have respiratory problems. You have pollution in the air. What for? Because, there’s no power. Look at the long term result of this problem; it’s a serious hazard to our health. It’s not just a financial drain; it’s a health drain too. So, that’s a huge challenge for us.

Other Challenges

I think human resource too is a challenge and that’s a challenge in any industry. You want to get the best professionals in the broadcasting industry, you have to train and groom them. There’s a dearth in resources and where you want to get the talents from. I think we need to train our people to be the best in the industry. It is a problem, a challenge; every country has been through this and Nigeria should not be any exception. We are going through a phase. America went through this after the great recession, I would imagine, in the 30s. So we’re coming out of that here too. But all the same, Nigeria is a very strong country. People here have the zeal and enthusiasm. They make sure they go the extra mile to get the job done. That’s what’s lovely about Nigeria, its fantastic!

Raising the Workforce

Well, first of all, don’t forget we’re just one TV station here in Lagos, Silverbird TV. The next step for us now is to embark on heavy training of staff for our expansion. That’s the only way we can go forward; that’s where we’re going now, we’re going to commence heavy training; we’re going to get the best consultants in the world to train our guys so we can move forward and set the standards for the industry.

Editorial Control

Well, we have an editorial board here in the station and I think our guys are diligent and careful in what they put out there for people to hear. The editorial challenges are no different from power challenges in the country; to me they’re all the same. They’re all of different levels of whatever you think of it. But we have great broadcasters here who are decent and understand the industry and they make sure they take good care; whatever they put out to the people is what’s best for the people. They have to sift through a lot of things before they put out.

Really

Yes, they have to because if you’re not careful, your jaws will kill you too

Boosting Productions

First of all, we’re coming up with independent programmes like the one you’re watching right now; it began on STV six months ago. Believe it or not, it has staff strength of about 60 people; all the way from the guy at the top to the guy at the bottom. It’s very costly to produce a programme; it doesn’t look like it’s costly but it is. Cost of production is very high in Nigeria and when you look at it; it doesn’t tally with what you get in return. You just ask yourself is it worth it? And that’s what independent producers go through and I feel for them. If you’re to run the studio every single day and have no returns back, you go bankrupt and that’s what the average independent producer goes through. We’re fortunate, it’s ours. Imagine if you have to rent it everyday; you pay for everything everyday and no revenue coming in. Those are one of the challenges in the industry that we’re faced with. Luckily, that’s not our only business; we have a radio station, so that’s part of our business but production in Nigeria’s getting very expensive and it’s going to get more expensive-the quality of our presenters, the quality of our actors are getting better. They’re getting paid more a lot more as a result; cost of production is a lot higher. Unfortunately, the revenue is not coming up high as the production is coming up high . So, when you have that scenario you ask yourself, what do I do next? But you’re there for the long call; you’re not there for the short run. If you’re a long distance runner, you’ll achieve it.

Local Content

It’s come a long way from what they were 10 years ago; still not where it’s supposed to be; it can get a lot better. Nigerians produce a lot of content for television and radio and movie industry. Look at Nollywood, that’s an example of how it is. How do you make a movie in one week; you get all the actors and everybody and in one week done? But the point is, you have to start from somewhere. They’re doing it the way they can, eventually they’ll get there; they’ll be as big as Hollywood and Bollywood. Bollywood wasn’t that great some years back but now they’re better than most countries. Bollywood has come a long way from what it was 20 years ago; it was probably like Nigeria’s Nollywood or worse. Now, it’s (Bollywood) second best. So there’s still an opportunity here for the broadcasting or entertainment industry in Nigeria to get a lot better like their foreign counterparts. I don’t think we’re far apart now; we just need to pull our resources together to make that happen.

Too Many Reality Shows on TV

Well, that’s a different story entirely. The reality shows here; some of them are okay and some of them are crap, that’s the bottom-line. I’m not going to be specific. Everything’s called reality and then, nothing’s real. I don’t know, I guess I’m not much of a reality TV fan except its well produced. If it’s half-baked, I’m not interested. But I see the enthusiasm for it. I guess it’s like anything else; it’s got to be nurtured. We’re trying to be like Hollywood, at the same time we’re not there. So, it is an imitation of something that’s not quite what it’s supposed to be. Most reality shows I see on TV are half-baked but as a matter of fact, in time they’ll get better. It’s a waiting game.

What Do You Enjoy Watching?

I like watching STV, I won’t lie to you. That’s the honest truth. I’m not trying to be biased because I run the station but I just find the programmes, especially prime time, very interesting. I like it because it fits my profile; I guess that’s what it is. People like different things, that is why they tune to other stations. It’s a choice you make in life. I just love my STV; it’s comfortable. I feel comfortable watching STV, I feel relaxed, I feel in tune, I feel entertained. It rejuvenates me, it gives me hope. I look forward to the next day when I watch STV funny enough, because I’m looking forward to the next day’s show. You know, feel like you’re in a comma and it wakes you up.

Broadcasting and Promoting Peace in the Niger Delta

I think, first of all there must be unity in the country. There’s a marked disparity between the rich and the poor. Once the people start having an income, all these problems would stop. The reason why I believe, there’s so much problem in the Niger Delta is the haves and the have-nots. The have-nots are complaining basically because they don’t have. They are being deprived of what’s rightfully theirs and when this happens, they take extreme measures because they don’t have anything at all. And this problem’s as a result of lack of education and I won’t say laziness but they just think it’s theirs just for the asking. It’s wrong but I think with education, all these things will come to an end. With education and good employment, we shouldn’t have these problems. When you start educating the people, give them the right infrastructure to live in, supply them with water, electricity, good roads, educate the people and create employment for them; why would anybody else go out and look for havoc? It’s a simple solution. If you’re educated and have a good job, you won’t be looking for mischief. I think the people there have been deprived for so long; they really need to be rescued. It’s not their fault because they’ve been neglected for so long; they really need to be looked after. The only way you look after them is not by giving them hand-outs; by educating them and teaching them how to make money.


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SERAP Sues CCB over Electoral Act, New Tax law

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Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Code of Conduct Bureau (CCB) over its failure to investigate an alleged abuse of office in the National Assembly regarding the amendments to the Electoral Act and tax reform laws.

SERAP Sues CCB over Electoral Act, New Tax law

“Public officers hold their offices in trust for the people and must not deploy official power for personal or sectional advantage,” SERAP said in a statement on Sunday.

In the suit marked FHC/ABJ/CS/634/2026, SERAP is seeking an order of mandamus to compel the CCB to immediately probe lawmakers and executive officials involved in the processes.

SERAP specifically wants the CCB to investigate claims that critical provisions on electronic transmission of election results were secretly removed from the Electoral Act Amendment Bill, as well as alleged discrepancies between the tax reform bills passed by the National Assembly and the versions signed into law.

The group is also asking the CCB to refer any public officers found guilty of violating the Code of Conduct to the Code of Conduct Tribunal for prosecution.

No date has been fixed for the hearing.

The statement reads, “We’re also seeking an order of mandamus to direct and compel @CCBNigeria to probe the allegations that certain lawmakers and officers of the executive branch unlawfully altered some aspects of the tax reform bills, which resulted in differences between the tax laws passed by lawmakers and the gazetted copy available to the public.”

SERAP emphasised that granting the reliefs sought would help address critical concerns relating to conflict of interest, abuse of office, non-disclosure of interests, and reinforce adherence to due process.

The group added that, “It would serve to curb the erosion of the Code of Conduct for Public Officers in the exercise of legislative powers.”

“Where lawmaking is shaped by abuse of office and conflict of interest, it ceases to be a legitimate exercise of constitutional and fiduciary responsibility and becomes a legal and ethical infraction prohibited under the Code of Conduct for Public Officers,” the statement concluded.


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Tinubu Approves N3.3 Trillion Payment Plan to Boost Power Supply

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President Bola Tinubu has approved a N3.3 trillion payment plan aimed at settling long-standing debts in Nigeria’s power sector, in a move expected to improve electricity supply and restore investor confidence.

Tinubu Approves N3.3 Trillion Payment Plan to Boost Power Supply

The development was disclosed in a statement issued on Sunday by Bayo Onanuga, special adviser to the President on Information and Strategy.

According to the statement, the approval followed a final review of legacy debts accumulated under the Presidential Power Sector Financial Reforms Programme over 10 years, spanning February 2015 to March 2025.

“Following verification, ₦3.3 trillion has been agreed as a full and final settlement, ensuring a fair and transparent resolution,” the statement partly read.

The government noted that implementation of the repayment plan has already commenced, with 15 power generation companies signing settlement agreements valued at ₦2.3 trillion.

It added that the Federal Government had so far raised ₦501 billion to fund the initiative, out of which ₦223 billion had already been disbursed, while further payments are ongoing.

Explaining the significance of the programme, Olu Arowolo-Verheijen, special adviser on Energy to the President, said the initiative goes beyond debt clearance.

“This programme is not just about settling legacy debts. It is about restoring confidence across the power sector, ensuring gas suppliers are paid, power plants can keep running, and the system begins to work more reliably,” she said.

She added that the plan formed part of the sector reforms, including improved metering and the introduction of service-based tariffs.

“It is part of a broader set of reforms already underway, including better metering and service-based tariffs that link what you pay to the quality of electricity you receive.

“The government is also prioritising power supply to businesses, industries, and small enterprises because reliable electricity is critical to creating jobs, supporting livelihoods, and growing the economy.

“The goal is simple: more reliable power for homes, stronger support for businesses, and a system that works better for all Nigerians,” she added.

The presidency stated that the settlement of the debts was expected to enhance liquidity across the power value chain, leading to more stable electricity generation and improved service delivery.

President Tinubu also commended stakeholders for their roles in resolving the long-standing issues and confirmed that the next phase of the programme, known as Series II, will commence within the current quarter.

Nigeria’s fragile power supply has been marked by frequent grid collapses, low generation levels, and persistent outages affecting homes and businesses.

A 2024 report by Africa Trade Barometer disclosed that Nigeria loses an estimated $26 billion yearly to power failures.

It said businesses spend about $22 billion annually on off-grid fuel to offset the impact of power shortages. This further pushes operational costs.

“Economic losses arising from Nigeria’s electricity shortages are estimated to be USD 26 billion annually, without accounting for spending on fuel for off-grid generators, which is estimated to be a further USD 22 billion,” the report by Standard Bank said.

“In Nigeria, surveyed businesses must contend with a national grid that frequently collapses as it fails to meet a daily peak demand which is nearly four times its generation capacity,” it added.

 


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Union Bank Looted: How Former Directors Gambled with Billions and Nearly Destroyed a National Bank

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The former directors and owners of Union Bank did not just fail, they engineered a financial disaster. They manipulated reports, hid massive losses, diverted foreign loans and treated depositors’ money like a private wallet.

 

Union Bank Looted: How Former Directors Gambled with Billions and Nearly Destroyed a National Bank

Union Bank

Investigators uncovered billions of dollars in misconduct. These directors buried over ₦250 billion in losses, piled a $300 million foreign loan onto the bank without protection and then forced Union Bank to carry the burden. They even used the bank’s own funds to buy its shares, an outrageous betrayal of trust.

It didn’t stop there. Over $100 million was pulled out improperly, leaving the bank exposed and struggling. Loans meant for customers were secretly diverted into shady transactions. False reports were sent to lenders. The system was deliberately deceived.

This was not incompetence. It was exploitation.

By 2025, their actions had created nearly ₦400 billion in losses and over ₦147 billion in unpaid charges. The bank was on the edge.

The Central Bank of Nigeria (CBN) stepped in just in time. Without that intervention, Union Bank could have collapsed, dragging others down with it.

Now, the bank is stabilising. But let’s be clear: this recovery is happening in spite of those former directors, not because of them.

They didn’t build value. They destroyed it.

And Nigerians deserve to never forget who was responsible.


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