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By Emmanuel Elebeke
Information and Culture Minister Lai Mohammed called false the touring report that he asked Anambra Obi Cubana, the group’s chairman, Obi Iyiegbu, to lend Nigeria money.
The Ministry of Information and Culture on the ministry’s verified Facebook page made available to media on Sunday insisted that the report claiming the minister made the statement was misleading and baseless.
Recall that the news published by an online media said in part: “Obi Cubana has this kind of money and Nigeria is borrowing money from China.” Cubana should borrow money from us, Nigeria is falling apart – Lai Mohammed ”.
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Social media has been washed away by the fashionable lavish funeral Obi Cubana hosted for his mother in ObaAnambra state.
The unprecedented naira rain at the funeral left many mouths restless and wondering why the federal government wouldn’t go to Cubana for a loan rather than going overseas with more interest and charges. high.
It will be recalled that the upper legislative chamber against all opposition approved Thursday the latest request for external loans from Buhari to the tune of 8.3 billion dollars and 490 million euros as part of the 2018 external borrowing plan (rolling) -2020.
This brought Nigeria’s debt to 32.92 billion naira from 12 billion naira in 2015 when President Muhammadu Buhari took office.
Breaking News Nigeria
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