The new owners of the once state-owned telecommunications giant, NATCOM, which is a consortium of seven local and foreign companies, made the disclosure at an investigative public hearing by the committee on over the weekend in Abuja.
NATCOM chairman, Mr. Olatunde Ayeni, had told the House committee that having met all requirements and due diligence in the process leading to the acquisitions of NITEL and MTEL, the company has put in place a programme of resuscitating the two ailing telecoms companies.
According to Ayeni, efforts were ongoing at overhauling the entire cable system while 10,000 Nigerians would be employed to set the companies on the part of competition with other players in the market.
While expressing satisfaction with NATCOM and its work-plan, the Hon. Saheed Fijabi-led committee directed both the Bureau of Public Enterprise (BPE) and the Nigerian Communications Commission (NCC) to meet and discuss the sales of the two national telecoms firms.
The parley according to the committee, was to review the commercial and technical areas of the sale as they affect the telecommunications regulatory body and the BPE.
The committee particularly expressed its concern over the settlement of the indebtedness of NITEL by its new owner, NATCOM.
The committee however noted that though NATCOM did all that were required of it despite not been given any form of waiver by BPE and NCC in the process leading to the sales, but pointed out that it was however necessary that the grey areas of NITEL’s indebtedness be sorted out by the BPE and NCC.
The committee also mandated the BPE and NCC to report back to it after the said meeting.
Please don’t forget to leave a comment …
Singer, Eedris Abdulkareem diagnosed with kidney failure, set to undergo transplant
Church Gives Certificate Of Virginity To Ladies After Test (Photos)
Kuje prison attack update: 4 inmates killed, 16 injured as 879 others escape
Nigerian Police Officers Are Nice Online Until You Jam Them On The Road – Mr. Macaroni
26yrs Old Woman Who Married Her 44yrs Old Biological Mother Give Reasons Why She Did So (Details below)
Heavily Pregnant Woman Sparks Netizens Reactions With Her TikTok Viral Video (Details below)
Meet The Tribe In Guinea Where A Man Must Cut Off His Finger And Present It As A Dowry For A Woman (Details below)
“I Will Send My N*de To You As Collateral, Leak Them If I Don’t Pay The Loan” – Lady Lament Begging For Money (Details below)
- Lifestyle24 hours ago
Mexican Mayor Marries Alligator And Seals The Deal With A Nuptial Kiss, Hopes To Bring Abundance To Village (Video below)
- Entertainment24 hours ago
“I need to stop looking like retired old ahsewo” – Bobrisky cries out over his new look
- Celebrity Gossip & Gist1 day ago
“She Never Loved Him From Day One” – Wedding Photo Of Jackie Appiah And Ex-Husband Causes Stir (Details below)
- Lifestyle22 hours ago
Shameless Two SHS Boys Secretly Recorded Ch()ping Their Female Classmate In Class (Video below)