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It’s fake news – FG denies asking Obi Cubana for loan

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Nigeria’s Ministry of Info and Tradition has denied asking Cubana Group Chairman, Obi Iyiegbu aka Obi Cubana, for a mortgage.

The Ministry on its verified Fb web page on Sunday positioned a ‘Faux Information’ stamp on a report claiming that the Info Minister made the assertion.

The information learn partially, “Obi Cubana has this type of cash and Nigeria is borrowing cash from China. Cubana ought to borrow us cash, Nigeria is collapsing- Lai Mohammed.”

Obi Cubana, who’s a billionaire nightclub proprietor, has been trending on social media for days, after internet hosting a lavish funeral for his mom in Oba, a city in Idemili South native authorities space of Anambra State.

The ‘naira rain’ on the occasion has led to a number of memes asking Nigeria to borrow cash from Obi Cubana as a substitute of China.

The nation’s debt has risen by N20.8tn to N32.92tn since President Muhammadu Buhari took over.

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