President Muhammadu Buhari is personally heading the probe of the recent privatisation of the Nigerian Telecommunications (NITEL) and its mobile arm, MTEL, to ascertain whether or not Nigeria was short-changed.
Speaking to journalists Tuesday after briefing the president on the activities of the ministry of communications, permanent secretary Tunji Olaopa said the president requested that a memo detailing how the transaction was processed be submitted directly 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.
Mr. Olaopa said the president was very concerned about the whole issue of privatization that is hindering investments in ICT and said “that he will personally champion this”.
“The president talked about the potentials of the ICT sector in generating employment,” Mr. Olaopa said.
He said Mr. Buhari was also concerned about the quality of service from telecom operators in the country.
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