Information Minister Denies Asking Cubana to Loan Nigeria Money

Olawale Ajimotokan

The Minister of Information and Culture, Alhaji Lai Mohammed, has denied asking the Chairman of the Cubana Group Chairman, Mr. Obi Iyiegbu aka Obi Cubana, to loan money to Nigeria.

The Ministry of Information and Culture on its verified Facebook page yesterday placed a ‘Fake News’ stamp on a news item claiming that the minister made the statement.

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”.

Obi Cubana has been trending on social media for the last four days for hosting a lavish funeral for his mother in Oba, a town in Idemili South Local Government Area of Anambra State.

Several videos emanating from the event show people spraying money indiscriminately while a concert was held after the burial and was attended by musicians Davido, D’Banj, and Phyno, among others.