Lagos – Mr Deba Uwadiae, Publisher, New Americans Magazine based in Columbus, Ohio, U.S., has advised media houses in the country to merge for them to meet the high cost of production and earn profit.
Uwadiae, who gave the advice when he visited the Lagos office of the News Agency of Nigeria (NAN), said merger would enable them to be in a better position to meet up with their financial responsibilities.
According to him, the Nigerian economy needs a strong press that will continue to galvanise the nation.
The publisher said: “With the state of the economy, media houses will need to come together to evaluate and ask questions if they need the number of media due to the evolution of the new media.
“The way it is right now, a lot of people in the media are not being paid salaries as at when due. And so, the media itself is weakened, so people are working just to…
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