FG To Borrow $500m To Digitalize NTA - Politics (5) - Nairaland
Nairaland Forum › Nairaland General › Politics › FG To Borrow $500m To Digitalize NTA (33307 Views)
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| Re: FG To Borrow $500m To Digitalize NTA by bakescos01: 3:24pm On Feb 10, 2020 |
Officialgarri:Good analysis, why is this government not talking about borrowing that $500million and use it to build schools and school feedings for the 13.5m out of school children. This are going to be the new sect of terrorist if nothing is done. A country that has no peace can’t have any form of development. Education is the key to a successful future. But we want to use such huge amount of money on NTA that is suppose to be privatize and run itself and the other culture thing you mentioned. |
| Re: FG To Borrow $500m To Digitalize NTA by CSTR2: 3:27pm On Feb 10, 2020 |
MexManuel:The solution is simple. Sack all the management and production staffs. Go to UK and America, and do a NTA recruitment fair for Nigerians in journalism and the arts to come and contribute to their country and infuse progressive blood into it. That is all. Access bank do it all the time. |
| Re: FG To Borrow $500m To Digitalize NTA by Ebenezar2020(m): 3:28pm On Feb 10, 2020 |
ebuk4real:you're ignorant |
| Re: FG To Borrow $500m To Digitalize NTA by Eborty(m): 3:29pm On Feb 10, 2020 |
JasonScoolari:I don't know if you will ever appreciate goods news. Instead of you focusing your mindset on the brighter side of this loan, whereas you choose to ignore it and act like a mere child. Be positive and hope something good will be acheive from it. HOPE! HOPE!! HOPE!!!. I wonder why it is so hard to accommodate it, post like yours is what makes our growing children to stick with such ill mindset. Then it amaze if this mindset will tolerate goodnews...!!! |
| Re: FG To Borrow $500m To Digitalize NTA by Eborty(m): 3:33pm On Feb 10, 2020 |
bakescos01:please, can someone explain to this my friend who or what ministry is asking for the loan. Your post should be directed to somewhere else like the ministry of education. Thanks |
| Re: FG To Borrow $500m To Digitalize NTA by sapientia(m): 3:37pm On Feb 10, 2020 |
And NTA have generated how much exactly. |
| Re: FG To Borrow $500m To Digitalize NTA by bakescos01: 3:38pm On Feb 10, 2020 |
Eborty:. So, when the loan is borrowed who is paying it back ? Is it the ministry of information and culture that will be paying the money back ? Nigerians are paying the money back and if we have to borrow and pay back then it has to be something that will make more impact on the general populace of Nigeria. |
| Re: FG To Borrow $500m To Digitalize NTA by lexy2014: 3:41pm On Feb 10, 2020 |
Eborty:How does a persons positivity help d govt use a $500m loan judiciously? How does a persons negativity prevent d govt from judiciously using a $500m loan? |
| Re: FG To Borrow $500m To Digitalize NTA by SavonEric: 3:41pm On Feb 10, 2020 |
[s] Ebenezar2020:[/s] |
| Re: FG To Borrow $500m To Digitalize NTA by emkz: 3:44pm On Feb 10, 2020 |
festacman:Great intervention bros. Before all these, NTA needs to be partly privatized. Government needs to own 36% shares while 64% can be sold. That way, the public has a say in the running of NTA. If the management knows they'd be removed if the shareholders don't get their returns, they'd sit up. Also, FG must pay the NTA for live coverage of non-governmental activities like campaign rallies and lousy dinners, and all activities exceeding 1 hour. As for the money Lai is asking for, why can't they get it from the TSA? PS: Media is very profitable, if its a lie, ask Channels, TVC, Thisday and Linda Ikeji. Government part-privatising NTA should also be applied to NNPC and the railway corporation. Imagine DANGOTE, Indimi and Samuel Adedoyin having a stake in NNPC.... |
| Re: FG To Borrow $500m To Digitalize NTA by SavonEric: 3:45pm On Feb 10, 2020 |
[s] Officialgarri:[/s] |
| Re: FG To Borrow $500m To Digitalize NTA by nwaimoroseyaho: 3:48pm On Feb 10, 2020 |
How much revenue will it be generating to the country? Have you asked CNN who they raised money to digitalize theirs? Mr Lia Mohammed if you inherited NTA would you put in your personal $500m to digitalize it? |
| Re: FG To Borrow $500m To Digitalize NTA by Eborty(m): 3:50pm On Feb 10, 2020 |
bakescos01:I admire your sense of reasoning for it is good, according to the news text above, it was stated clearly the amount realized from last year period. The ministry of information is self proving, judging with our music and movies industries that seems to be yielding good results from the likes of wizkid, davido etc. So imagine what happens when we broadcast digital. |
| Re: FG To Borrow $500m To Digitalize NTA by Comedian2019: 3:52pm On Feb 10, 2020 |
A liar is likely to be a thief. |
| Re: FG To Borrow $500m To Digitalize NTA by COMPAQ(m): 3:52pm On Feb 10, 2020 |
festacman:I totally agree with you!! If Channels, TVC, Ebony Life are thriving, profitable outfits, I don't see why NTA cannot do same. Left to me give NTA a marching order to be self sufficient over a 3-5 year term, so much so that salaries will ONLY be paid from internal revenue and see people sit up. We have a number of government agencies that should be self governing and self funding. All that is required is to give the Board and executive free hand to execute i.e no approvals from the Ministry. If they cannot pay their own salaries, then they have to let people go, simple!! Nigerian Minting Company Nigerian Postal Services etc are agencies/parastatals that should be funding their own operations. Let them go and market for business. Nigerian minting should be able to produce security documents for companies, cheques for banks etc and make money. The main thing that keeps these companies down is the control of their ministries. To spend N10mln for maintenance/upgrade, they need approval of FEC, which takes 3 months to come through. And even when approval is given, money is not released for another 6 months. How can any business run effectively that way? |
| Re: FG To Borrow $500m To Digitalize NTA by Agboriotejoye(m): 3:53pm On Feb 10, 2020 |
Oga Lai, Kai!! Fear God na If you already have the technology and manpower to be at par with CNN, what do you now need $500m for? Abi na spiritual configuration? And how can $11m make NTA at per with a multi-billion dollars CNN, which kind magic be dat? WTF is culture centre that will cost $245m? Se CNN get dat one too? Truth is this government just want to borrow to bridge the revenue gap they consistently have since they came in. No serious infrastructural development or national development strategy in mind. All the projects they are executing are legacy PDP projects which have been negotiated and signed with the Chinese govt before they came on board. Another name for Buhari and crew is simply INCOMPETENCE!! ![]() |
| Re: FG To Borrow $500m To Digitalize NTA by edoairways: 3:54pm On Feb 10, 2020 |
festacman:Love your comment |
| Re: FG To Borrow $500m To Digitalize NTA by PHijo(m): 3:54pm On Feb 10, 2020 |
ebuk4real:You don't have to wait that long! It is already triple that figure. |
| Re: FG To Borrow $500m To Digitalize NTA by Agboriotejoye(m): 3:58pm On Feb 10, 2020 |
COMPAQ:That was how NTA was during the time of Murray-Bruce. The rot started during the time of Yar'adua and till now, it's been like dat. |
| Re: FG To Borrow $500m To Digitalize NTA by bejeria101(m): 3:59pm On Feb 10, 2020 |
Who watches NTA? |
| Re: FG To Borrow $500m To Digitalize NTA by festacman(m): 4:00pm On Feb 10, 2020 |
emkz:I agree totally. |
| Re: FG To Borrow $500m To Digitalize NTA by Agboriotejoye(m): 4:00pm On Feb 10, 2020 |
Eborty:When did NTA ever show a WIzkid or Davido video? You actually believe all those figures are raw cash lying somewhere in the ministry's account? You need to get woke mehn. |
| Re: FG To Borrow $500m To Digitalize NTA by edoairways: 4:00pm On Feb 10, 2020 |
Officialgarri please read festacman comment on the first page. This last time digest it very well |
| Re: FG To Borrow $500m To Digitalize NTA by festacman(m): 4:01pm On Feb 10, 2020 |
COMPAQ:Seconded. New ways of doing things needed. |
| Re: FG To Borrow $500m To Digitalize NTA by festacman(m): 4:02pm On Feb 10, 2020 |
edoairways:Thanks. |
| Re: FG To Borrow $500m To Digitalize NTA by eagleu: 4:02pm On Feb 10, 2020 |
festacman:Very good! Unfortunately, corruption is their motivation for the loan not actual improvement. Borrowing a zillion dollars without changing style and management is not going to make any difference, and they know it. |
| Re: FG To Borrow $500m To Digitalize NTA by edoairways: 4:03pm On Feb 10, 2020 |
lilfrancis100:Why invest in foreign league especially in Europe when ours in seeking assistance? |
| Re: FG To Borrow $500m To Digitalize NTA by Agboriotejoye(m): 4:04pm On Feb 10, 2020 |
Eborty:Kindly tell us the brighter side |
| Re: FG To Borrow $500m To Digitalize NTA by COMPAQ(m): 4:05pm On Feb 10, 2020 |
meanwhile every time we host U17, NTA claim they buy modern digital OB van's, but they have never been able to show any Nigerian local football match. Yet now they want to digitalise again. How many times in 20 years ![]() There was U-21 Nigeria '99, then U-17 Nigeria '09, then Nations Cup '00, then All Africa games '05.Where are all these OB vans and 'modern' equipment ![]() ![]() ? |
| Re: FG To Borrow $500m To Digitalize NTA by edoairways: 4:06pm On Feb 10, 2020 |
Neoteny:SABC South Africa is still been run by the government |
| Re: FG To Borrow $500m To Digitalize NTA by Agboriotejoye(m): 4:07pm On Feb 10, 2020 |
Officialgarri:You seem to know so much. Kindly tell us what the media and culture industry centre does to warrant half of the loan. You can also educate us how $11m digitalization will change NTA to CNN. |
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