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It’s Fake News – FG Denies Asking Obi Cubana For Loan

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The Federal Government has clarified that news claiming that they asked Cubana Group Chairman, Obi Iyiegbu aka Obi Cubana, for a loan is untrue.

Nigeria’s Ministry of Information and Culture made the clarification in a post via its verified Facebook page.

An online blogpost had wrongly reported Lai Mohamed, quoting him to have said, “Obi Cubana has this kind of money and Nigeria is borrowing money from China. Cubana should borrow us money"

This claim comes after the billionaire nightclub owner; Obi Cubana, was in the news last week for hosting a luxurious funeral for his mother in Oba, a town in Idemili South local government area of Anambra State.

In response to the claims, the Ministry slammed a ‘Fake News’ stamp on the report.



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