It is a lie: Lai Mohammed denies asking Obi Cubana to loan Nigeria money

It is a lie: Lai Mohammed denies asking Obi Cubana to loan Nigeria money

  • Nigeria has not requested loan from Obi Cubana, according to the Ministry of Information and Culture
  • A news outlet had reported that Lai Mohammed requested the loan from the Cubana Group chairman
  • Recall that Obi Iyiegbu aka Obi Cubana has been in the news recently over the burial of his mother in Oba

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Nigerians have been assured that the Federal Republic of Nigeria is not as broke to beg the Cubana Group chairman, Obi Iyiegbu aka Obi Cubana, to loan money to Nigeria.

This was disclosed by the ministry of information and Culture on its verified Facebook page.

The ministry claimed the news that the minister of Information and Culture, Lai Mohammed, asked for the loan is a fake news.

Lai Mohammed did not ask Obi Cubana to loan Nigeria money
Lai Mohammed has denied asking Obi Cubana to loan Nigeria money. Photo: Ministry of information
Source: Depositphotos

Obi Cubana has been trending on social media for the last four days for hosting a lavish funeral for his mother in Oba, a town in Idemili South local government area of Anambra state

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In another report, had reported that Abba Kyari, the deputy commissioner of police who is famous for cracking major crimes visited Oba, an Anambra town, for the burial of the mother of Obinna Iyiegbu, the billionaire owner of Cubana Club.

The gist about the burial has dominated Nigeria's social media space in the past few days as musicians, actors, socialites and other top celebrities turned up for the burial on Friday, July 16.

As head of the Inspector-General of Police (IGP’s) Intelligence Response Team in 2017, Kyari led the operation that led to the arrest of Evans, a suspected billionaire kidnapper.

He has also cracked other cases that shook the country. Oba, the town in Idemili North local government area of Anambra state, is not the first place where Kyari will be seen cooling off.

Abba Kyari a Deputy Commissioner of Police (DCP), has confirmed attending the burial of the mother of Obinna Iyiegbu, aka Obi Cubana, the billionaire owner of Cubana Club.

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Why I attended Obi Cubana's mother’s burial in Anambra - Popular policeman Abba Kyari opens up

In a post sighted by on his verified Facebook page Kyari described Obi Cubana as one of the most hardworking entrepreneurs he knows.

The highly respected policeman said this while giving reasons for attending the burial which was held at Oba, a town in Idemili North local government of Anambra state.

Obi Cubana’s mum’s burial: Kanayo O.Kanayo shows off huge stack of cash

Nollywood actor, Kanayo O. Kanayo, stormed Anambra with boxes and a huge stack of money for lavish spending at the burial.

In the video he shared on his Instagram page, some of the money in N500 notes were in boxes while the rest were piled in huge racks on the table.

The people in the room were heard hailing him as he walked in before picking up a fat bundle.


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Aanu Adegun Aanu Adegun is a journalist with over 9 years of experience in both digital and traditional media. A graduate of English Studies from Adekunle Ajasin University, Akungba Akoko, Ondo state. Aanu joined in 2016 covering politics and current affairs. Aanu started his journalism career as a features writer. He once anchored some specialised pages of a national newspaper. You can reach him via -

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