Buhari revisits NITEL, MTEL liquidation
President Muhammadu Buhari on Tuesday expressed his desire to revisit the recent liquidation of the Nigerian Telecommunications Limited and its subsidiary, Mobile Telecommunications Limited. The President made his position known when officials of the Ministry of Communication Technology took their turn to brief him of their ministry’s activities at the Presidential Villa, Abuja. The ministry’s Permanent Secretary, Dr. Tunji Olaopa, disclosed this to State House correspondents after the closed-door session with the President. Olaopa said Buhari had directed that his ministry should prepare a memo for him on the transaction. He said although the President was not opposed to the privatisation, his desire was to ensure that Nigeria was not short-changed in the transaction. Olaopa said, “The President was concerned about the liquidation of NITEL. “He is not opposed to its privatisation but he wants to know and he want us to bring a memo on how the whole transac...