bugs1:
The National Council on Privatisation (NCP) on Thursday approved the sale of the liquidated Nigeria Telecommunication Plc. and its subsidiary, Mtel, to NATCOM Consortium for $252million.

The Chairman of NCP’s Technical Committee, Mr Atedo Peterside, told State House correspondents in Abuja that the approval was one of the decisions taken at a meeting of the council presided over by Vice-President Namadi Sambo.

According to Vice-President Namadi Sambo, the ratification of the sale by the NCP marks the end of the entire bidding process and what is now left is to conclude the necessary documentation.

He noted that the NITEL/Mtel transaction was different from what happened with sale of power plants because Nitel was not ongoing concern, but a liquidated one and no longer in business.

“In view of this, the liquidator will through the court pay some verified claims of creditors of NITEL/Mtel, which, therefore, sidesteps the issue of third party creditors.

“But it does not preclude the government from settling any obligations it feels like,“ he further explained.

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http://monitor9ja.com/2014/12/fg-approves-sale-nitelmtel-252m/

How can a country sell its telcom backbone ? This Government is clueless

T4taiwo:
An easy ride to Alausa for Ambode.....Agbaje is no match.

Who is Ambode? ask 10 people and 9 will tell you they never heard of him until lately.

englishmart:
You see that kind confirm food, you dey complain.

I remember when I visited china. These were the foods I was served.. I no fit eat am sha, but I snap am

You snap am at china for fulldalmall.com abi .....smh*

colly227: They are coming to spread this disease further or I feel they've modified this deadly virus to spread quicker in Nigeria. The moment they leave I have a feeling bad things will happen.

I think Nigeria should be very careful of this Americans.They don't wish us well and this may be a plot to further spread the disease so as make money selling their drugs and take credit for controlling it.

davitogreat:

you do know american and british arms manufacturers are closely tied to their governments right? plus on top of that, there is no ban but that does not mean they have to accept any requests from the Nigerian government.

As you can see the Nigerian defence spokesperson said the western countries were dragging their feet and were using human rights and unreliability as excuses to not sell to the Nigerian government.

lets be realistic the West is after Nigeria because of our Gay Laws.No wonder a gay mosque was just opened in SA.All the dots are connected.