• About Us
  • AKIP
  • Live TV
  • Our Programs
  • Latest News
    • Church News
    • Politics
    • Foreign News
    • Security
  • Airtime
  • From GM’s Desk
  • Church of Nigeria
  • Contact
Facebook Twitter Instagram
  • AKIP
  • From GM’s Desk
  • Live TV
Facebook Twitter Instagram
Advent Cable Network Nigeria Advent Cable Network Nigeria
  • Home
  • About Us
  • AKIP
  • Latest News
    • Church News
    • Politics
    • Security
    • Foreign News
    • Sport
  • Live TV
  • Our Programs
  • Airtime
  • Church of Nigeria
  • Contact
Donate
Advent Cable Network Nigeria Advent Cable Network Nigeria
Home»ACNN News Update»‘NTA will compete with CNN, if we get $500m loan’ – Lai Mohammed
ACNN News Update

‘NTA will compete with CNN, if we get $500m loan’ – Lai Mohammed

ACNN TVBy ACNN TVFebruary 12, 2020No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp
Share
Facebook Twitter LinkedIn Pinterest Email WhatsApp

According to The Guardain, the Minister said this when he appeared before the senate committee on local and foreign loans to speak on the importance of the $500 million which is part of the $30 billion loan President Buhari is asking the national assembly to approve.

The Minister explained that if the fund was approved, the NTA could be upgraded to enable it to send out signals that would be at par with CNN, adding that Nigeria has the manpower to achieve this fea.

“If this project is approved, there will be more visibility for our people in the music, fashion and film industries. In 2014, we made $23 million from music alone and about $53 million in 2019 and we are looking forward to making $83 million in 2025.
You can imagine the kind of growth we will have if only we digitise all the NTA stations in the country.” he said

The minister also said the creative industry is a major employer of the youth.

“Apart from agriculture, which is the largest employer of labour in Nigeria, especially the youths, the next largest employer of labour is the creative industry,” he said.

“The International Telecommunication Union (ITU) in 2006 gave June 17, 2015 as deadline for all members of the organisation to migrate from analogue to digital.

“Regrettably, we were unable to meet the deadline along-side most countries in sub-Saharan Africa, the deadline was moved to 2017, which was not reliable and today the target is June 17, 2020.” he said

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp

Related Posts

Church of Nigeria Receives Over 35 Orthodox Anglican Church Bishops And Clergy Who Returned To The Fold

May 15, 2022

Bishop Kukah Calls For Calm, Seeks Punishment For Killers Of Female Student In Sokoto

May 12, 2022

Christian Female Student Killed, Burnt In Sokoto Over Alleged Blasphemy

May 12, 2022
Add A Comment

Leave A Reply Cancel Reply

Recent Posts

Kaduna-Abuja Train Victims’ Families Protest, Beg FG To Respond To Bandits’ Demands

May 25, 2022

Security Forces Given 48-Hr Ultimatum To Rescue Kidnapped Catholic Priests In Sokoto

May 25, 2022

Anambra: Killing of Northern woman, children barbaric, Ndigbo not cannibals – Ohanaeze

May 25, 2022

US House Speaker Pelosi Ban From Receiving Holy Communion

May 23, 2022

My Wedding Testimony By Bishop Obi Of Nnewi Diocese

May 20, 2022
Advent Cable Network Nigeria

ACNNTV is the Televangelism arm of the Church of Nigeria (Anglican Communion) with focus to keep the orthodox faith alive through development of inspiring and life changing broadcast products.

Facebook Twitter Instagram
Quick Links
  • About Us
  • AKIP
  • Board of Management
  • Contact
  • Privacy Policy
Quick Links
  • Our Programs
  • Program Rates
  • From GM’s Desk
  • Live TV

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

© 2022 Anglican Cable Network Nigeria,Abuja. Designed by Dominion Web.

Type above and press Enter to search. Press Esc to cancel.