Business
Buhari probes sale of NITEL/MTEL
In from Olumide Olaoluwa…
President Muhammadu Buhari has ordered an investigation into the sale of Nigeria Telecommunications Company (NITEL).
He gave the directive while receiving briefing from officials of the federal Ministry of Communications Technology led by its Permanent Secretary, Dr. Tunji Olaopa.
The government of former President Goodluck Jonathan sold the telecom company to NATCOM consortium in December 2014 for $252m.
Speaking at the end of the meeting, Olaopa said Buhari, who was not opposed to the sale of the national communication firm, wanted to ensure that the country was not shortchanged in the process.
Read also: FG hands over NITEL carcass to NACTOM
He said that Buhari directed him to detail the transaction in a memo and forward to his office.
He stressed that the President was deeply concerned about the transaction.
According to him, “The President was concerned by the quality of service of telecom operators. The President is very concerned about the whole issue of privatisation that is hindering the investments in ICT infrastructure and that he will personally champion this.
“The President talked about the potentials of the ICT sector in generating employment.
“The President was concerned about the liquidation of NITEL. He is not opposed to its privatisation but he wants to know and he wants us to bring a memo on how the whole transaction was undertaken so that he would know whether Nigeria was shortchanged.”
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Don Lucassi
August 19, 2015 at 8:54 am
And if we were? will he tell NATCOM to pay more?
Gavin Bond
August 19, 2015 at 9:39 am
The other side forgotten in the process is the sightings of the transmission aerial pillions. Come to any City or populated areas in the West, you will NEVER find these Cancer Causing monstrosities. But in Afrika, they put these things next to ones properties. They erect them in the middle of the town and in some places, in school compounds! These things cause cancer and must be pulled down.
In Taiwan, they have been ordered to be pulled down. If you don’t believe it, Google it ( dangers of EMF). Within ten years, people living within 100 meters of these constructions were found to have Blood Cancer.
It should be investigated how the companies got planning permission to erect these killer cancer causing agents in the middle of our population. This is a confirmation that Afrikan/Black lives are worthless! They don’t do that in the West but it is done in Afrika. When are we going to Shine our Eyes?