President Muhammadu Buhari has ordered investigation into the sale of Nigerian Telecommunications, NITEL, and Mobile Telecommunications, MTEL, under the administration of ex-president Goodluck Jonathan.
The telecom company was sold for $252m to NATCOM consortium in December 2014.
Permanent Secretary, Federal Ministry of Communication and Technology, told State House Correspondents on Tuesday after briefing the President Buhari that the president had directed him to raise a memo on the whole transaction to ascertain if there were any underhand dealings.
The official also disclosed that President Buhari expressed worry over the quality of service rendered by the telecom operators in Nigeria.
He said: “The President was concerned about the liquidation of NITEL. He is not opposed to its privatization but he wants to know and he want us to bring a memo on how the whole transaction was undertaken so that he would know whether Nigeria was shortchanged.
“The President was concerned by the quality of service of telecom operators. The President is very concerned about the whole issue of privatization that is hindering the investments in ICT infrastructure, and he will personally champion this. The President talked about the potentials of the ICT sector in generating employment." For more scintillating and juicy stories, follow the official Naijapals accounts On Twitter - @Naijapals and Facebook - www.facebook.com/naijapals
I have been reporting on latest news from Nigeria for almost 10 years now. I report on every possible news area I come across, but always ensure my reports are compiled with dignity and fact to uphold my personal values and duty as a journalist
Posted: at 18-08-2015 10:50 PM (9 years ago) | Addicted Hero
KingSagarath at 19-08-2015 01:38 AM (9 years ago) (m)
Matusalem no go even dare to probe ibb or obasanjo because they are all ex military . Ibb know much about Matusalem corruption and warn Matusalem not to dare him or he will expose him .
Posted: at 19-08-2015 01:38 AM (9 years ago) | Upcoming
Probe already. And stop speculating. WELL SAID MY DEAR, THAT IS JUST MY PROBLEM WITH GMB, THE SAME THING REMOVED HIM FROM POWER THE FIRST TIME, I WILL I WILL IBB TOP HIM HERE HE COMES AGAIN WITH I WILL I WILL GOD HELP HIM.
Posted: at 19-08-2015 01:49 AM (9 years ago) | Upcoming
Spatacuss at 19-08-2015 04:28 AM (9 years ago) (m)
Quote from: chealseafc on 18-08-2015 11:35 PM
another june 12. no be today we don dey hear prob without action.
Very soon GMB go probe some people for this site to prove how them take win 10k with 5000 coments over 200 post in a month. Wasted Generation shuold watch out for GMB... Lol
Posted: at 19-08-2015 04:28 AM (9 years ago) | Upcoming
DJSNIPPER at 19-08-2015 05:48 AM (9 years ago) (m)
Probe Probe everyday by day. Does it mean that Buhari does not have any other agenda? Hit the ground and at the same time do your probing, No one is stopping you. Since May 29th, we have not seen anyone you jailed. Everyday you come on national dailies and be probing everybody and everything. One day you will probe how we lie with our wives.
Posted: at 19-08-2015 05:48 AM (9 years ago) | Gistmaniac
TRENDING GISTS 
Lady Calls Out JAMB After Mysterious Overnight Change in Brother’s UTME Result
Ex-AUN Provost, Professor Yusuf Attahir Baba Loses Three Children in Devastating Car Crash
Football Star, Lionel Messi-Marriage Rumours Stir Online Frenzy As Divorce Speculations Grow
El-Rufai & Peter Obi Meet at Cambridge Conference, Sparking Political Speculation Ahead Of 2027 Elections
"How My Mother’s Lover Rap3d Me" — 12 Year Old Victim Narrates Ordeal