THE Ministry of Information and Culture has declared as ‘fake’ a report which quoted its minister, Lai Mohammed, as saying that the Cubana Group Chairman, Obi Iyiegbu aka Obi Cubana should loan Nigeria money.
On its verified Facebook page today, the information ministry placed a ‘Fake News’ stamp on a news item claiming that the minister made the statement.
The news which was published by an online medium read in part, “Obi Cubana has this kind of money and Nigeria is borrowing money from China. Cubana should borrow us money, Nigeria is collapsing- Lai Mohammed”.
Obi Cubana has been trending on social media for the last four days for hosting a lavish funeral for his mother in Oba, a town in Idemili South local government area of Anambra State.
The ‘naira rain’ at the event has led to several memes asking Nigeria to borrow money from Obi Cubana instead of China.
The country’s debt has risen by N20.8tn to N32.92tn in President Buhari’s six years in office.
The Senate last Thursday approved Buhari’s request for ongoing external loans to the tune of $8.3bn and €490m.
