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FG Approves Sale Of NITEL/MTEL For $252m - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / FG Approves Sale Of NITEL/MTEL For $252m (10266 Views)

FG Finally Sells Nitel/mtel For $252m / Finally, NITEL Gets New Buyer. / Reversal Of Nitel/mtel's Sale To Transcorp: What Do U Think? (2) (3) (4)

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Re: FG Approves Sale Of NITEL/MTEL For $252m by Larryhoover(m): 10:40am On Dec 19, 2014
donmalcolm21:
I always derive joy when nigeria govt privatise all this elephant assets, it allows the govt to channel scarce resources into. Productive ventures and the money accrued from it will go a long way to cushion the effect of crude oil slide. "This man Gej dey do work wey I take my korkoro eye see" Gej till 2019
Had it been u were among the over 60% of Nigerian population living below a dollar per day, am very sure u wouldn't b uttering this arrant nonsence.... U better wake up and face the reality... people are clamouring for change, can't just wait to see next year valentine's day when your own political mentor (GEJ) will b sent packing.......BUHARI/OSIBANJO 2015 grin
donmalcolm21:
I always derive joy when nigeria govt privatise all this elephant assets, it allows the govt to channel scarce resources into. Productive ventures and the money accrued from it will go a long way to cushion the effect of crude oil slide. "This man Gej dey do work wey I take my korkoro eye see" Gej till 2019
Had it been u were among the over 60% of Nigerian population living below a dollar per day, am very sure u wouldn't b uttering this arrant nonsence.... U better wake up and face the reality... people are clamouring for change, i can't just wait to see next year valentine's day when your own political mentor (GEJ) will b sent packing.......BUHARI/OSIBANJO 2015
Re: FG Approves Sale Of NITEL/MTEL For $252m by jaysniggs: 10:47am On Dec 19, 2014
SuperModerator:
Privatisation is the only thing PDP lead Government know how to do.

later, they will say GEJ performed than all our previous leaders... I will always ask who built those infrastructures he is privatising if not the previous leaders

he keeps selling what Nigeria spent years and money to build to his proxies


here is one of my previous posts;

its really saddening
Re: FG Approves Sale Of NITEL/MTEL For $252m by asudan: 11:09am On Dec 19, 2014
kestolove95:
gej knows his leavin next year so his selling evritin very soon he will sell aso-rock..dix man don tire mi nd my unborn children.
GEJ will stay and wouldn't leave
Re: FG Approves Sale Of NITEL/MTEL For $252m by betterabia: 11:14am On Dec 19, 2014
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.

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

big money in this country. yet Abia State have paid pensioners since September. There is God oooo
Re: FG Approves Sale Of NITEL/MTEL For $252m by cut007: 11:27am On Dec 19, 2014
omenka:
They should steal and corner government assets into the pockets of their fronts and proxies under the guise of privatisation as time permits. 2015 is just around the corner, all the wrongs will be revisited and justice dispensed accordingly.
Every single penny must be accounted for.

So you do not approve of the sale of that liability called NITEL?? Or have you finally surrendered the last drop of objectivity in you to bigotry??
Re: FG Approves Sale Of NITEL/MTEL For $252m by eleko1: 11:33am On Dec 19, 2014
Gbanjo,gbanjo,Gbanjo!!! Use the money to do TANist propaganda
Re: FG Approves Sale Of NITEL/MTEL For $252m by cut007: 11:34am On Dec 19, 2014
zionexcellence:
I ll not vote jonah again. I am very dissapointed
oh! Pls suit yourself. Your vote (though important) is negligible.
Re: FG Approves Sale Of NITEL/MTEL For $252m by cut007: 11:38am On Dec 19, 2014
kestolove95:
gej knows his leavin next year so his selling evritin very soon he will sell aso-rock..dix man don tire mi nd my unborn children.
if it makes u sleep well at night, pls enjoy!!! But u & I know who will win the 2015 presidential election.
Re: FG Approves Sale Of NITEL/MTEL For $252m by cut007: 11:40am On Dec 19, 2014
slightlyMad:
we need to kick cluelessness out before we sells everything
pls can you (objectively) give me one (yes, just one) reason why you think your president is clueless?
Re: FG Approves Sale Of NITEL/MTEL For $252m by seangy4konji: 11:43am On Dec 19, 2014
They have sold everything to private companies and it's still not working. The electricity company is just out extorting money without actually providing any electricity.

Nigeria is not in anyway getting better.saw a picture of post office some days ago and that image is still in my head. This is 2014 and the sights are not so good. Even te telecom ovation is a mess. The kind of day light robbery Mtn does is enough to tell you that it can never get better unless strict people take over this things.
Re: FG Approves Sale Of NITEL/MTEL For $252m by cut007: 11:44am On Dec 19, 2014
reknownedmarsk:
jona y u selling dis tinz na....u wan get money rig election abi ...

we d vigilant nigerians wont allow dah...

lets all be happy...freedom at last...BUHARI/OSIBANJO all d way.
jona nd his wife shud get their bicycle ready...otuoke to abuja no
b small journey o...
BUHARI/OSIBANJO
abeg, when you said "WE THE VIGILANT NIGERIANS" which Nigerians were you referring to??
Re: FG Approves Sale Of NITEL/MTEL For $252m by mistabiola: 12:05pm On Dec 19, 2014
holatin:
why can they resurrect it ?

I know if it is possible for oga jona to sell ''LAGOS STATE'' hin go sell am cheesy grin clueless otuoke zoologist tongue
Re: FG Approves Sale Of NITEL/MTEL For $252m by ROCKHARDDK(m): 12:07pm On Dec 19, 2014
Another GEJ good intention for naija but has corruption ever made any of these privatization worthwhile? How I wished privatization can inpact naija the way I should've...
Re: FG Approves Sale Of NITEL/MTEL For $252m by donmalcolm21(m): 12:21pm On Dec 19, 2014
Larryhoover:
Had it been u were among the over 60% of Nigerian population living below a dollar per day, am very sure u wouldn't b uttering this arrant nonsence.... U better wake up and face the reality... people are clamouring for change, can't just wait to see next year valentine's day when your own political mentor (GEJ) will b sent packing.......BUHARI/OSIBANJO 2015 grin Had it been u were among the over 60% of Nigerian population living below a dollar per day, am very sure u wouldn't b uttering this arrant nonsence.... U better wake up and face the reality... people are clamouring for change, i can't just wait to see next year valentine's day when your own political mentor (GEJ) will b sent packing.......BUHARI/OSIBANJO 2015
is there any Nigeria that doesn't eat at least two square meals a day. Keep on being brainwashed by CNN, APC and BBC. We are going to see who ll b victorious nxt year.
Re: FG Approves Sale Of NITEL/MTEL For $252m by Teeboi4real(m): 12:36pm On Dec 19, 2014
Please beware of Jonathan because soonest he wl sel all states in nigeria.
Re: FG Approves Sale Of NITEL/MTEL For $252m by Nobody: 12:53pm On Dec 19, 2014
Next on the privatization list should be the airports (MMIA, Abuja, Enugu, Kano etc).
Re: FG Approves Sale Of NITEL/MTEL For $252m by Nobody: 1:02pm On Dec 19, 2014
BUSHHUNTER:
Join the Social Media Campaign to SPEAK UP and prove we are not COWARDS.

Is it possible for us to come together once again as we did the last out and this time for a greater cause?
You and I know that it is time to reach the Ekiti State govt and inform them that they are indebted to 2013 Batch C Ekiti State Corp Members.

I would recommend we STRONGLY remind the state government of their balance due to us in case in their gross oversight, they have completely forgotten and labelled us as ZOMBIES (them no go fit do anything).

Quick question mate:
Are you a coward? Are you not interested in proving you have a voice that matters? Are you going to sit there and watch them rob you off your entitlement?

As for me, I am not a zombie or a coward and I have laboured for that money and therefore i deserve my wages.
If so I would suggest we start a trend on social media (Twitter) to be precise and go public with it. A few broadcasts on Whatsapp, Bbm, Facebook and other social channels inviting our colleagues to join up in the trend and we are go to go. FORWARD THIS

I have also done a research and we have a list of handles (usernames) we must mention to make our voices heard and also we need to use a SINGLE hash tag which is: #FayoseMustHear

These are the handles:
Official Username of Governer Ayodele Fayose @GovAyoFayose
Official Username of Ekiti State Government @ekitistategov

Please pass this along and let begin NOW. Even if we ended up not getting paid, AT LEAST WE DARED TO SPEAK UP.

I sign this document by going first and making my contribution. This is my tweet on twitter and many more will follow:

Excuse my manners @GovAyoFayose & @ekitistategov. When are we going to be paid our wages? We deserve it and we have labored #FayoseMustHear

You can search, view and join up the trend by clicking
https://twitter.com/search?q=%23FayoseMustHear

P.S: Please remember to include #FayoseMustHear in your message/tweet.

P.P.S: You can also mention the official usernames of these high profile news agencies and inform them of our plight.
@ChannelsTV_NG
@vanguardngrnews
@pmnewsnigeria

P.P.P.S: Please pass this along even if you are not interested. Other people might be more courageous enough to speak up. We are
not cowards, ARE YOU?

This your grammar too long joor! Were you expecting anybody to read this? I bet you. Not upto 0.1% persons will read this, Next time just summaries every every.
Re: FG Approves Sale Of NITEL/MTEL For $252m by holatin(m): 1:44pm On Dec 19, 2014
mistabiola:


I know if it is possible for oga jona to sell ''LAGOS STATE'' hin go sell am cheesy grin clueless otuoke zoologist tongue
hahahahaha
Re: FG Approves Sale Of NITEL/MTEL For $252m by femsmith(m): 1:46pm On Dec 19, 2014
donmalcolm21:
I always derive joy when nigeria govt privatise all this elephant assets, it allows the govt to channel scarce resources into. Productive ventures and the money accrued from it will go a long way to cushion the effect of crude oil slide. "This man Gej dey do work wey I take my korkoro eye see" Gej till 2019
grin na whch part of Nigeria u cum 4rm.. Guex na Otuoke cuz I knw u xpectin I'm come nxt year
Re: FG Approves Sale Of NITEL/MTEL For $252m by KLand(m): 1:50pm On Dec 19, 2014
Nitel is a forgotten bride seriously in need of a special husband to bring back her beauty and glory. I hope she has found one in this new investors
Re: FG Approves Sale Of NITEL/MTEL For $252m by erico2k2(m): 2:51pm On Dec 19, 2014
SuperModerator:

that is because government owned telecommunication companies don't go international.
the biggest telecommunication company in China is owned by the government.
you can't expect to see NITEL in Ghana, it is government owned
ok I see U r new to how Economics of the world works cos U mentioned china I have to assume so.Now China is a socialist country try n read up what that means in ir own time. Bt means British telicoms.was owned by british govt just like Nitel but was sold just as HEJ is tryi g to sell Nitel but it has been hard due to tje heavy ammount of debt owed by Nitel.Royal mail was owned by the tax payers u til %60 was sold to the pu lic now the govt ow s jst %40.the British govt owned % of the Euro Star but sold it few mo tjs ago now they have no share.Socialist xou tries own all major Utility companies within its states.ie Electricity.water.transport.tv infact almost everything however the way foward id for a more open Economy like ones we ja e in the free world.China is not a free country.People need permits to even live in certain part of the country even though they r chinease.its a silly country to live trust me.
Re: FG Approves Sale Of NITEL/MTEL For $252m by kestolove95(m): 6:02pm On Dec 19, 2014
cut007:
if it makes u sleep well at night, pls enjoy!!! But u & I know who will win the 2015 presidential election.
yes o..mi nd u knw sae na GMB go win
Re: FG Approves Sale Of NITEL/MTEL For $252m by kestolove95(m): 6:07pm On Dec 19, 2014
LORDI:
did you read the post?,NITEL is liquidated,why not sell it private individual who can rebuild the company.
are u tellin mi dat f.g dnt have moni to rebuild it?..nd wait,was phcn also liquidated b4 it was sold?..
Re: FG Approves Sale Of NITEL/MTEL For $252m by kestolove95(m): 6:14pm On Dec 19, 2014
happyzed0:
is tym u face reality he is d next president. Cm 2015
nd its tym u also face d reality..we sendin him bk to otueke
Re: FG Approves Sale Of NITEL/MTEL For $252m by Jesuspikin87(m): 6:14pm On Dec 19, 2014
Hopefully they pay those laid off.
Re: FG Approves Sale Of NITEL/MTEL For $252m by slightlyMad(f): 3:56pm On Dec 20, 2014
cut007:
pls can you (objectively) give me one (yes, just one) reason why you think your president is clueless?

because he has no idea how to tackle insurgency
stealing isnt corruption
we are soft on boko haram because they re our brothers, how can you send the army to wipe out your own people
and many more

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