Lai Mohammed, Minister of information speaking during a press conference in Abuja on Thursday said the news making the rounds is false, adding that the $500m loan is not only for NTA.
Giving a breakdown of projects to be embarked on, Mohammed said: “In an era of social media, the real news is usually sacrificed on the altar of sensationalism and disinformation. That’s how I will describe the hysteria, in a section of the media, over the reportage of the $500 million loan being sought from China.
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