Media Organisations to Enjoy Financing at Single-Digit Interest Rates – FG.

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President Bola Ahmed Tinubu has directed the Federal Ministry of Industry, Trade and Investment, through the Bank of Industry (BOI), to extend its single-digit interest-rate financing to media organizations in the country.

This is contained in a statement signed by Rabiu Ibrahim

Special Assistant (Media) to the Minister of Information and National Orientation and made a copy available to The Reporters on Wednesday in Abuja.

 

The Minister of Information and National Orientation, Mohammed Idris stated this in Abuja on Wednesday when he received members of the Independent Broadcasting Association of Nigeria (IBAN) on a courtesy visit to his office.

 

According to the Minister, the gesture is in keeping with the administration’s resolve to create an enabling business environment for the media to operate in Nigeria.

 

“Let me say that the Federal Ministry of Information and National Orientation under my leadership, as part of our five pillars, will support all media platforms in this country, whether they are public or private.

Lawal AbdulSalam Olawale

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