Loan Of $500m Will Make NTA Compete With CNN – Lai Mohammed

The Minister of Information, Lai Mohammed has disclosed that the Nigeria Television Authority, NTA, will compete favorably with the like of CNN if the $500m loan is ministry is requesting for is approved.

The Guardian reported that the Alhaji Lai Mohammed said this when he appeared before the senate committee on local and foreign loans to explain the importance of the loan which is included in the $30 billion President Buhari is requesting from the National Assembly to give assent to.

Speaking further, Minister said NTA would be upgraded to assist it sends signals that would make it rank with the likes of CNN emphasizing that Nigeria has all it takes to achieve this.

Also, the Information Minister said the creative is a major employer of the youthful generation.

“Apart from agriculture, which is the largest employer of labour in Nigeria, especially the youths, the next largest employer of labour is the creative industry,” he said.

“The International Telecommunication Union (ITU) in 2006 gave June 17, 2015, as the deadline for all members of the organization to migrate from analogue to digital.

“Regrettably, we were unable to meet the deadline along-side most countries in sub-Saharan Africa, the deadline was moved to 2017, which was not reliable and today the target is June 17, 2020,” he said