P.M. NEWS NEWSPAPER'S PRINT EDITION IS NO LONGER IN THE NIGERIAN MARKET
TINUBU OWES P.M. NEWS,THE NEWS MAGAZINE OVER N100MILLION
BY ABDULMUMINI ADEKU.
The National Leader of the All Progressives Congress[A.P.C]Ashiwaju
Bola Ahmed Tinubu is strongly believed to be indebted to The Publisher of The
News Magazine,Mr Bayo Onanuga to the tune of over a N100million.
Checks by the News Office Desk ,Paedia Express Multimedia in
Nigeria shows that the politician has refused to pay because his attention was
now glued to his own personal media assets rather than that of his friends.
Now as a result, the owners of The News Magazine and
P.M.News Newspapers have not been able to tell their workers the entire story
hence decided to actually downsize, reduce print run of its magazine some
months ago and at the same time stopping the publication of the print edition
of the P.M. News altogether.
An impeccable marketing source who handled a project on the
problems been faced by the company told Paedia Express Multimedia as much
exclusively recently.
According to an onlne source ,P.M. News was a daily newspaper published in Lagos, Nigeria by the
Independent Communications Network Limited (ICNL). The company also publishes
the weekly TheNEWS magazine and Tempo, a tabloid. Now rested[1]The News was founded in 1993 by Bayo Onanuga, Babafemi Ojudu and other former staff from the African Concord who had resigned in protest over a request by M.K.O. Abiola, the publisher, to apologise to President Ibrahim Babangida over a critical story about the military regime. Ojudu was the first Managing Editor.[2] After harassment by the Ibrahim Babangida regime, there was a brief period of press freedom under General Sani Abacha during which P.M. News was launched in August 1994 as a breezy afternoon paper strongly oriented towards news but also covering fashions, sports and entertainment.[1]
In the years that followed, P.M. News and TheNews were known for "guerrilla journalism".[3] They were subject to constant interference by the authorities, arrests and closures.[1] For example in August 1996 Amnesty International reported that Editor-in-chief Bayo Onanuga was thought to be held by the State Security Service at their Lagos headquarters, and may have been ill-treated in custody. Babafemi Ojudu had been released on 13 August 1996 and had required hospital treatment as a result of ill-treatment. The two men may have been arrested due to publishing articles critical to the government.[4] Onanuga fled from Nigeria in 1997 after hiding from state security forces for months. He returned home to resume work at ICNL in 1998, after the sudden death of Abacha and the start of the transition to democracy.[3]
No comments:
Post a Comment