The upper legislative chamber’s position was informed by revelation that the agreement with the Chinese media firm, Beijing Star Group, popularly known as NTA-Star TV Network, had not generated profit but losses since it came into effect 12 years ago.
The information came to the fore at the ongoing stakeholder’ interactive session on the 2021-223 Medium Term Expenditure Framework And Financial Strategy Paper being organised by the Senate Joint Committee on Finance and National Planning. On further enquiries, Mohammed stated that the partnership had not benefited the country in the over a decade that it was struck.
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