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House to Probe Etisalat’s Exit

Chairman, House of Representatives Ad-hoc Committee investigating the operational activities of telecommunications’ equipment and service companies/vendors in Nigeria, Hon. Ahmed Abu (APC, Niger), has said investigations will be extended to determine reasons why Etisalat Group exited the Nigerian market in a rather absurd manner.

Noting that companies “can’t just walk in and walk out just like” anywhere in the world, he said Etisalat’s exit could set a dangerous precedent in the telecommunications industry if something was not done.

He told THISDAY in an interview yesterday that former Chairman of Etisalat Nigeria, Mr. Hakeem Bello Osagie, has been invited to give evidence before the committee, alongside other telecommunications chief executives at its resumed hearing today.

The committee is probing alleged N143 billion tax invasion by telecoms firms which have been accused of employing delayed tactics to dodge current reconciliation efforts.

Abu had mulled serving bench warrants against the chief executives of major mobile telecommunications companies over their failure to appear before the committee to defend the allegations.

THISDAY, November 15, 2017



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