The Minister of Information and Culture, Lai Mohammed, has denied and described as fake the report making rounds that he asked Anambra entreprenuer and Ceo of Cubana groups, Obi Cubana, Obi Iyiegbu, to loan money to Nigeria.

The Minister of Information and Culture on the ministry’s verified Facebook page made available to media on Sunday insisted that the news  report  claiming that the minister made the statement was misleading and unfounded.

 

Recall that 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”.

The social media has been washed with the trending lavish funeral organised by Obi Cubana for his mother in Oba, Anambra State.

The unprecedented naira rain at the funeral left many mouths wagging and wondering why Federal government would not approach Cubana for loan rather than going offshore with higher interest and burden.