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Tuesday 18 August 2015

Buhari orders probe on the sale of NITEL by the last administration

While receiving members of the Ministry of Information at the presidential villa today August 18th, President Buhari ordered a probe on the sale of NITEL to private investors in 2014 by the last administration, stating that he wants to know if Nigeria was short-changed.


According to the permanent secretary of the ministry Tunji Olaopa who spoke to state house correspondents after the meeting, President Buhari said the documents for the privatization should be handed over to him
"The president was also concerned about the liquidation of NITEL. He is not opposed to its privatization 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 short-changed,” he said.
NITEL and its sister company, MTEL, were bought by a consortium owned by Skye Bank’s chairman, Tunde Ayeni, the founder of Sahara Energy, Tonye Cole, and two other companies for $242.3 million (about N42.4 billion) in December 2014.

73 comments:

  1. Replies
    1. Well done Mr President. God will continue to strengthen you. Linda take note!

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    2. Well done Mr President. God will continue to strengthen you. Linda take note!

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    3. Hummmmm.....okay seen








      #TeamBlessed#

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    4. Too many probes... Everyday am reading about Buhari is either probe this, or probe that...! Is that all he will spend his next 4 years in doing????

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    5. @nnenne George.. Yes, the land needs to be cleanse before anything can be done...take a chilling pill n watch out

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  2. Good job. Work has began already. ...

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    Replies
    1. Correct!

      Your comment will be visible after approval

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    2. From one probe to another, they would soon start probing all the religious leaders that were partying with GEJ

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    3. From one probe to another, they would soon start probing all the religious leaders that were partying with GEJ

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    4. From one probe to another, they would soon start probing all the religious leaders that were partying with GEJ

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  3. So my dad worked for 35yrs in NITEL and retired in 1999..??after the company eqs privatised in 2007 they stopped paying Nitel

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  4. They should pay Nitel ex workers there pension

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  5. Tunde Ayeni (our bank chairman) has currently put us in trouble at Skye bank.He was depending heavily on GEJ winning and he used depositors funds for the elections.The bank and its directors are presently fighting to stay liquid.

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    Replies
    1. Get ready to be laid off

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    2. Get ready to be laid off

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    3. @Henry Eze, how old are you making silly comments that dont make sense. These are peoples livelihood and your busy making jest. I know the world has changed and Papa Obasanjo has brought your likes into the 21st century. Try and control your fingers or sbould I say loose lips.

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  6. Buhari and his fake probe group loi.funny indeed!
    Buhari your northerns boys an girls are turning to boko haram you are here probing what you we not find.
    Keep on deceiving your self and daft in nigeria.



























    #sad indeed

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  7. Buhari and his fake probe group loi.funny indeed!
    Buhari your northerns boys an girls are turning to boko haram you are here probing what you we not find.
    Keep on deceiving your self and daft in nigeria.



























    #sad indeed

    ReplyDelete
  8. Buhari and his fake probe group loi.funny indeed!
    Buhari your northerns boys an girls are turning to boko haram you are here probing what you we not find.
    Keep on deceiving your self and daft in nigeria.



























    #sad indeed

    ReplyDelete
  9. Buhari and his fake probe group loi.funny indeed!
    Buhari your northerns boys an girls are turning to boko haram you are here probing what you we not find.
    Keep on deceiving your self and daft in nigeria.



























    #sad indeed

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    Replies
    1. U keep quite when u don't have any sensible things to say, u are so primitive to even feel anything good around u and dis government

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    2. People like you do not want the country to move forward. Hissing!

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    3. The constant posting of same message just shows how dumb u re....

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    4. Are u minding the fool? How can u oppose probing? How can u effect change and fight corruption without probing? Senseless goat. Smtchew

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  10. Mr. President obviously did not read Ex-President Jonathan's handover memo!
    Most of what he has been up to are waste of time.
    Its very simple: read the memo or get someone do it in the absence of a minister, then send for who ever is in charge of a wanting ministry to explain whatever irregularities/ambiguity you may find and spare us all these paparazzi/drama!
    It goes to show that ONE INDIVIDUAL CANNOT RUN A $500 BILLION ECONOMY!

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  11. Sorry dt is not Ministry Of Information cos Tunji Olaopa is PS Ministry of Communication Technology

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  12. All i hear is probe this,that. When will the President of Federal Republic of Nigeria begin work,businesses are not smiling,economy is at a standstill and instead of moving forward with strategies he decided to move backwards

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  13. Probe them thieves but do not exonerate your party members.
    With that been said, what's conspicuous pronto is to choke and quell boko haram liveliness.


    ◇◇◇◇◇◇ If ignorance is bliss, wipe the smile off my face ◇ ◇ ◇ ◇ ◇ ◇

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  14. Ok so my mum worked at NITEL for 30 years and they stopped paying them pension Sinx 2007....Buhari well done Presido

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  15. This issue of probe self........
    Boko haram is killing people here and there
    Is this the changed that i voted for????
    just asking

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  16. Is this the change that i voted for????????

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  17. @ freeborn,you just comment any how.stupid idiot.I wonder where you come from?East of course,selfish people.idiot oshi

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    Replies
    1. He said the truth unlike you yoruba animals that lack common sense. You are the real idiot here!

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  18. It is well, probe or not 'the SKYE is big enough up SKYE BANK!

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  19. I don't knw y I hate seeing dis #freeborn zinalima's comments, d guy never makes sense in his life for once......Henry eze

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  20. I advice Mr president to focus on governance and on fulfilling he's electoral promises and forget wasting time on some irrelevant issues. if he wants to probe let it not be a witch hunting.

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  21. Hmmmm. Its alright
    Always here αи∂ watching







    #ITwillONLYgetBETTER
    #itMUSTendINpraise

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  22. Witch hunting and pursuit of vendetta scuttled Mohammadu Buhari's first shot at Nigerian Presidency, it looks like history will repeat itself.

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    1. Mr eze Plz go nd sleep! Leave the man to work biko. Haba! Witch hunting this, witch hunting that. Was it not only pdp people were in Govt whn they were in power? The ones that cross carpeted to APC from pdp will sure face the music anywhere they re found wanted.

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    2. Oga Red cap pls make wise comment thst is expected of you. So its ok for tbose who have cornered the wealth of the country to keep it and continue to hold the country in bondage. Their likes are ones that use their wealth to rent a crowd whenever they are called to question, use their stolen wealth to rig elections, use the stolen wealth to destabilise the Senate where corruption or bills that will move the country forward is fought against. This is not witch hunt brother. Its called stabilizing the country.

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  23. d last minute-sale of NITEL/MTEL to Tunde Ayeni's NATCOM is one big scam in which our nation was shortchanged.
    Arabian Amlak for Investment Limited made an offer of $919,999,999 to buy Nitel/Mtel only for it to be sold to Tunde Ayeni's NATCOM for a paltry $252.25m. Amlak felt d sale was skewed in favour of NATCOM & had to go to court.
    Ayeni was also a beneficiary of d PHCN "sale" & was d guy who donated 2b naira to GEJ's campaign.
    Privatization under d PDP was never about promoting efficiency but about asset stripping, sharing of our national patrimony & concentrating d assets of our nation in d hands of a privileged few like to Tunde Ayeni. Kudos to PMB. There can be no greater advocate of anti-corruption than dis president.

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  24. Confused president ever. People are dying everyday and he is still here talking of probe. $

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  25. @ignis chigo,you people just talk anyhow.if they recovere the money stupid Jonathan and his cohorts stole is even enough to transform this our country.where were you when the federal government said they will recruit 10k policemen you fool?

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  26. No wonder Tunde Ayeni donated 2billion naira to GEJ for campaign

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  27. yes o...it should be checked and thereafter look into the liquidation of Nigerian Airways.my father is late due to his gratuity that wasn't paid for over 12 years and still counting. i hope its paid by God's grace so that my family can at least have food on the table again. quite sad...

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  28. Many people will surely land in prison from October


    Who Are The Ten Virgins? Part 5

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  29. Rubbish! How can this administration move forward when they keep looking back... y not focus on what's on ground and utilize it rather than all this.

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  30. GEJ did let a lot of cr*p happen under his government! His is probably one of the most corrupt or at least the most openly corrupt.

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  31. Please do sir and see to it that all the disengaged nitel officers are paid pension.

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  32. Pls gv this people back their years of labor by granting them atleast pension.

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  33. Mr. President, please let's get the job done....

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  34. Lib readers should go back to school. Only a few make meaningful contributions. If you know nothing about politics, pls stick to entertainment news. Your comments show the level of your IQ, and I wonder if they are coming from secondary school students or graduates that bribed their way through school. You know yourselves through your clueless/baseless arguments/comments and especially your lack of concrete analysis on any issue of discussion.

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    Replies
    1. Thank you for that comment. My observations exactly. You forgot to include bigotry. How people make comments on some sensitive topics with careless/ignorant utterings is unbelievable.

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  35. Is this the change that i voted for????????

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  36. @foolish Nnenne George i am sure u are not a pure Igbo you are one of those useless Igbos if not you would understand what baba is doing even selling Nitel is one of the biggest mistake ever how in the world would a country exist without it own communication company do you think is everybody that can afford MTN GLO ETISALAT AIRTEL Government Communication company rate would be cheaper when making call foolish @Nnenne George Think and Hope for a better Nigeria because the change is here

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  37. Ministry of communication technology and not ministry of information. take note!

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  38. @Omo Oba you are a devil's incarnate, i wonder where you came from self,oh West . bloody traitor

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  39. Since the privation of Nitel and my dad's retirement from Nitel, he is yet to be paid his gratuity. Since 2004. My mum has been taking care of us since then. Its not been easy.

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  40. @Anonymous 10.04am. Traitor to what, because he spoke the truth? Take a chill pill buddy

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  41. Like seriously? Was t d last administration dat sold nitel? Haba buhari don't turn ds tin to witch guntjnfm.

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Disclaimer: Opinions expressed in comments are those of the comment writers alone and does not reflect or represent the views of Linda Ikeji.

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