Nigeria loses N100bn to NTA/Startimes JV ― Senate

Posted by News Express | 25 August 2020 | 1,162 times

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•Senate President Ahmad Lawan



The Senate on Tuesday said about Nigeria N100bn is missing in the joint venture agreement between the Nigerian Television Authority (NTA) and the Chinese PayTv Startimes.

 Co-chairman Senate committees on Finance and National Planning, Solomon Adeola said this while dismissing the Director-General of the Nigerian Television Authority (NTA) and his management team.

 Adeola who asked the state-owned broadcast station and the leadership of the Chinese partner, Startimes to appear before the committee in two weeks pointed out that figures available to the committees have reached N100bn as two years figure showed revenue of N30bn. (Nigerian Tribune)

Source: News Express

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