President Muhammadu Buhari, has ordered that an investigation should be carried out into the processes that led to the sale of Nigerian Telecommunications, NITEL, and its mobile arm, Mobile Telecommunications, M-TEL by administration of Goodluck Jonathan.
Permanent Secretary, Federal Ministry of Communication & Technology, Dr. Tunji Olaopa revealed this to journalists on Tuesday.
Olaopa said that the President has directed him to raise a memo on the whole transaction to ascertain if there were any underhand dealings.
“The President was 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 also stated that the President was equally concerned about the quality of services rendered by the telecom operators in Nigeria.
“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 investments in ICT infrastructure and that he will personally champion this. The President talked about the potentials of the ICT sector in generating employment.”