Lai Muhammed Says NTA Will Compete With CNN If His Ministry Gets $500m Loan

Minister of information, Lai Mohammed, says if the $500 million loan his ministry is seeking is approved, the Nigeria Television Authority (NTA) will compete with the likes of Cable News Network (CNN).

Lai said this when he appeared before the senate committee on local and foreign loans, according to The Guardian.

The 500 million dollars is part of the 30 billion dollars loan President Muhammadu Buhari is asking the national assembly to approve.