Nigeria: FG Plans Single Digit Loan for Media Houses

  • 📰 allafrica
  • ⏱ Reading Time:
  • 8 sec. here
  • 15 min. at publisher
  • 📊 Quality Score:
  • News: 52%
  • Publisher: 99%

Africa News

Apparently concerned about the high cost of media production inputs, the federal government plans to support interested media houses with single-digit loan to keep them in business.

The Minister of Information and National Orientation, Mohammed Idris, announced the intervention at the ministerial performance briefing to mark the first year of the Tinubu administration in office.

The Minister said:"We are also creating an enabling environment for all players and stakeholders in the media and information ecosystem thrive.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rwanda: Is the Proposed East African Single Currency a Pipe Dream?Countries in the East African Community (EAC) want to adopt a single currency as part of the broader plans to integrate under a single market, and ultimately one region that trades together.
Source: allafrica - 🏆 1. / 99 Read more »

Nigeria: Tinubu At WEF, Says Subsidy Removal, Forex Reform Saved Nigeria From BankruptcyPresident Bola Tinubu, yesterday, said last year's removal of fuel subsidy and current efforts by his administration to manage Nigeria's foreign exchange market were necessary steps that prevented the country from going into bankruptcy.
Source: allafrica - 🏆 1. / 99 Read more »