Government seeks $500m to digitise NTA
The federal government is seeking a US$500m loan in order to digitise Nigerian Television Authority (NTA) stations in the country.
According to Lai Mohammed, minister of information and culture, the fund will be used to improve the creative industry in Nigeria as well as create 100,000 jobs for young people.
“The fund will aid in the establishment of a media and cultural training centre which will help train Nigerian broadcasters and filmmakers and also generate revenue for the nation. The International Telecommunication Union has given a dateline for nations to migrate from analogue to digital television broadcast,” he said.
He added that the digitalisation of all NTA stations would help to improve the quality of the nation’s television programmes.