Globacom is one of the indigenous companies operating in the Telecoms sector in Nigeria. it held all the hopes of an international company and they looked ready to go places, but lately the financial state of the company is something to give everyone concern.

The company at the moment is failing in it's obligations to its contractors, as we speak so to say, landlords on whose properties the sites are built are owed more than a years rent, security outfits that keep guard are owed salaries to different tunes, diesel suppliers are owed to the tune of Billions of Naira to say a few.

This is important t us all because the very fabric that holds the best performance of this network operator is what is affected and this has implication of problem. this are early signs of distress in the company, and may spell doom for thousands of direct employees and companies that depend on this company, the effect will even ripple to affect the GDP of Nigeria..

The government through it's organs of NCC and CBN must swing to action quickly before a colossal failure of Globacom..the long and short of it is that the imminent collapse of Globacom can be averted if a forensic investigation is carried out now