Twitter is currently abuzz over a $500 million loan request which the ministry of information under Lai Mohammed is seeking.
When he appeared before the senate committee on local and foreign loans on Monday, the minister had reportedly said if the loan is approved, the Nigerian Television Authority (NTA) would compete favourably with Cable News Network (CNN).
The $500 million is part of the $30 billion loan President Muhammadu Buhari is asking the national assembly to approve.
Mohammed’s comment has attracted different reactions. Below are some tweets:
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“Please we don’t want NTA to compete with CNN now. The private media houses should do the competition. $500m loan will grow wing and disappear into people’s bank account. And Nigeria will end up using her lean resources to investigate and prosecute those that will loot the money,” Mazi Chux tweeted.
I totally agree with Lai Mohammed that NTA would compete with CNN .Is it not the same Lai Mohammed that said we would fight Israel ? 😂
Let’s start by changing the soundtrack of Network news
what’s pa pa pa…pa pa pa pa . Pararaan pararraaaann … para pa pa pa Pam . Param PamAdvertisement— Hero Daniels🇳🇬 🇿🇦 (@hero_daniels) February 10, 2020
Apart from reach, i promise you that NTA cannot even compete with Emmanuel TV.
Lai Mohammed should sit!
Advertisement— Mo-Mo (@Morris_Monye) February 10, 2020
Trying to think of a more wasteful use of a half-billion dollar loan i.e. $500,000,000 (do you know the 'is equal to' of this huge sum?) that will have to be paid back, than throwing it into the NTA.
Whoever is planning to lend that money to the NTA: examine them well o!— Ayo Obe (@naijama) February 10, 2020
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Please we don't want NTA to compete with CNN now. The private media houses should do the competition. $500m loan will grow wing and disappear into people's bank account. And Nigeria will end up using her lean resources to investigate and prosecute those that will loot the money.
Advertisement— Mazi Chuks (@Chu_Odoemson) February 10, 2020
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Would the competition include 'presidential bashing'? https://t.co/o0vilSm720
— Mike Asukwo (@Asukwoeb) February 10, 2020
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https://twitter.com/ChimezieGoodlu8/status/1226882902597754885
With the same old school mentality nothing will change.. especially that jingle..I don’t even know if it was vuvuzuela they were playing gan koyemi rara https://t.co/GZdTMUYcMv
— MARK 'Dsoulja OTABOR (@MarkOtabor) February 10, 2020
Let's plunge us into more debts,who cares. It's all about gang raping the economy. https://t.co/0lwQfu1UaW
— Sean21 (@fatilewaseun) February 10, 2020
Compete with who? Chihuahua National News? Chocolate Nuts News? Control Number News? Which CNN mate? https://t.co/OWGnAAXiet
— Big Cuz (@imohumoren) February 10, 2020
Loan when Una go loot 😂😂 https://t.co/DtSCzlS35j
— fantasma 𓂀 (@Eonyeche) February 10, 2020
Did uncle Lai Mohammed just request for $500m loan to transform NTA to Cable News Network like CNN?? 😂😂
This man must be a #Joker pic.twitter.com/GZ0ZM8x2be
— Mr Shedrach (@Sheddi_younG) February 10, 2020
The moment i saw Lai Mohammed trending,i knew he must av dropped another "Punch Line"
— B (@anaga_banner) February 10, 2020
Alhaji Lai Mohammed is about to loot $500 million.
NTA can never be better than any private TV station with the current crop of Workers.
They're grossly incompetent, even with $2billion it would still be a waste.
Many of them got the job through backdoors.pic.twitter.com/nxy9NJpsMC— Anambra 1st son (@UchePOkoye) February 10, 2020
In all honesty Lai Mohammed should be realistic when making statements.
NTA compete with CNN indeed .Most public offices and firms don't even tune to NTA most especially banks.
I also think it's possible to count the number of houses that tune to NTA these days.
— Corleone🌹 (@prappyone) February 10, 2020
https://twitter.com/Songsofly/status/1226846554096578565?s=20
The year is 2020 and Lai Mohammed still hasn't changed with his lavish talks.
Which country in their right senses will approve $500m to transform any of their TV stations?
I know our politicians are slow upstairs but he really must be joking to put NTA & CNN in the same sentence— 🐐 (@Official_Oreva) February 10, 2020
https://twitter.com/onyeka_oby/status/1226863209677828096?s=20
https://twitter.com/xavier_oreva/status/1226863666823409664?s=20
I agreed with Uncle Lai Mohammed that NTA needs overhauling and total reorientation.
The question is why do we have NTA is all 36 states? Total waste of money.
Use the Aljazeera model, One main studio in Abuja and use correspondents in all 36 states
— Emmanuel S. Túndé 🇳🇬🦅🦅 (@I_Am_Das_Sa5m) February 10, 2020
"FG to rebrand NTA with $500m Loan – Lai Mohammed..
Is NTA part of the millions of problems facing Nigeria?
Why do we like beating about the bush in this country?
😭😭😢😢😢
— KNOXPETE (@KNOXTAINMENT) February 10, 2020
Please we don't want NTA to compete with CNN now. The private media houses should do the competition. $500m loan will grow wing and disappear into people's bank account. And Nigeria will end up using her lean resources to investigate and prosecute those that will loot the money.
— Mazi Chuks (@Chu_Odoemson) February 10, 2020
Fun fact: @CNN is not owned or funded by the US govt. No point throwing borrowed funds drown the drain. Use the funds to generate power and stimulate the economy. Ethiopia is building a dam on the Nile the reservoir of which is the size of London. Compete with Ethiopia!
— Oloye (@dejikolawole1) February 10, 2020
Na lie oohh. This loan should not be granted. NTA will never change their partisan patronage to politicians who are in power because of government direct involvement. This has made continuity a problem @NTA. This idea currently will be abandoned by the next administration 100%.
— WalterⓂ️ (@Orgasnoop) February 10, 2020
Buhari will compete with Trump if we stop borrowing like wheel-barrow nation 🤦
— Nkem 🕊️ (@Mr_pharmphresh) February 10, 2020
https://twitter.com/FemiShotayo/status/1226865212139212800?s=20
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