Buhari orders a probe on the sale of NITEL to private investors

Buhari orders a probe on the sale of NITEL to private investors

At this rate,Buhari is going to probe the mechanic who serviced Jonathan's car lol! Looks like Baba wants to know where every single Nigerian Kobo disappeared to! Kudo's to him.I hope this is the start of new things to come.It's accountability,if Buhari does this,the next regime will wanna do the same as a revenge if it's not APC who wins again,as a result every
government knows all what they did will be scrutinized and probed by the incoming government,so this will reduce abuse of power and corruption.I like it.

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.

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