Bawss1:


Are you trolling or what?

How is NITEL a core goverment responsibilty? So you and your ilk want government to be saddled with unnecessary responsibities so that the that the history of mismanagement and wastage that has plagued this nation from the beginning continues? Any forward thinking person will agree that a leaner government is better than one bloated with activities that the private sector can handle efficiently. If this is truly the position of Buhari then many people will flee from him and his party since such a stance can only move the country back to the stone age era. All nations that we consider leading in today's world have all embraced privatization; this is the way to go.

chamboy:
u must b Sick man, Mention any Advanced Countries with All sectors Privatise... even to their TV n Cable it's all Government Sector... you here claiming rubbish fact...

Bawss1:


Is there any need to get abusive?

As to your question: Unites States of America . That's one "advanced" country where most of all its sectors are in private hands.

yurme:
anty bunsky landlyn ni fa

yurme:
anty bunsky landlyn ni fa

GlorifiedTunde:
I will keep saying this, I do not know why everything must be privatized. It really pains me. I know how the government can make NITEL work. The problem NITEL had was just one - Corruption!
But total privatization will not benefit us as much. Because of their inability to think about how to make things work, they sell it outrightly. Bunch of Lazy, Corrupt and Myopic leaders. Thieves! That's what they all are.

FYI, if you don't know...

Nigeria needs NITEL as a government outfit because it determines where the telecoms sector will get to. The likes of MTN, GLO, ETISALAT, AIRTEL and others cannot adequately cater for the increasing demands of the users and the development process Nigeria is aiming at.

The national security needs a telecoms outfit that will be owned by the government and security agencies. Take a look at the CIA, MI6, MI7, KGB etc, they all thrive on a communication system that is very secure.

We cannot even launch a satellite that will be up and running for at least ten years...

There's too much involved in this, Nigeria can't get a database of Nigerians filled with forensic identifications, street, shop and other public cameras, etc working without a government outfit like NITEL.

I'm just so MAD at this USELESS, BLIND GOVERNMENT!!!

chamboy:
mention the Sectors na.. Even Walmart supermarket has government shares in it

Bawss1:


LOL!

Walmart has government shares. Abeg tell us which government. And how does this help your argument against privatization?

Awaja:
Now they are selling everything, which one are they acquiring? why can't this administration proud itself of been d regime that revived our dear M-tel? In a country where its communication industry is booming and d govt has no way of ripping this immense benefits ,selling everything with no replacement is a sign of depreciation::

Bawss1:


It is the in thing today to talk down on every government initiative but wouldn't it be better if such talk is backed by some measure of reason? What has the CIA or MI6 got to do here? Are those organisations offering commercial telecommunication services to the citizens of their respective countries? If as you say that the present telcos are unable to meet the needs of the country wouldn't the right thing be to bring in more companies in the sector? Isn't the privatization of NITEL aimed at doing just that?

Where is the sense in what you are saying?

ozor1:
Good new, will this make cost of internet cheap?

asudan:

no

TheRealMrStan:

http://www.punchng.com/business/business-economy/winning-bidder-offers-252m-for-nitel-m-tel/

GlorifiedTunde:


The sense in what i'm saying is that:

1. the national security of any nation relies on a network, that network isn't owned by any private Telco - its national security!
2. The At&T is the US's owned private Telco, when it was purchased by Bell corporation, not everything aspect was + the aspect that has to do with national security is handled specially by the government
3. Its not about bringing in more companies - NITEL doesn't have to provide phone services, it should better serve as Backbone for all existing Telcos, and be like the grid where all information inbound and outbound passes.
4. When you privatize everything in a sector without the government having its own, regulation and QoS is difficult. For instance the Nigerian Aviation.
5. We cannot have all the things we see in the movies and clamour for - Forensic database, Effective National Navigation System, etc

All I'm saying is that because something doesn't work initially, doesn't mean you should sell it off.

TheRealMrStan:

http://www.punchng.com/business/business-economy/winning-bidder-offers-252m-for-nitel-m-tel/

Bawss1:


AT&T is a private company. Check your facts.

What do you mean NITEL should serve as a backbone? What happens when other coys decide to build their own gateways and how does this help Nigeria as a whole?

Govt has an excellent history of mismanagement of organizations like NITEL yet you want them to carry on. Well done.

slimmy05:
Nice one. GEJ working

YungwizzzyPt7:
[size=30pt]Soon Aso rock will be privatized[/size]

Bawss1:


AT&T is a private company. Check your facts.

What do you mean NITEL should serve as a backbone? What happens when other coys decide to build their own gateways and how does this help Nigeria as a whole?

Govt has an excellent history of mismanagement of organizations like NITEL yet you want them to carry on. Well done.

GlorifiedTunde:

Sorry about that. At&t purchased an arm of Bell. Yes its private.
But I know what I'm saying.

GlorifiedTunde:


Nigeria needs NITEL as a government outfit because it determines where the telecoms sector will get to. The likes of MTN, GLO, ETISALAT, AIRTEL and others cannot adequately cater for the increasing demands of the users and the development process Nigeria is aiming at.

GlorifiedTunde:

The national security needs a telecoms outfit that will be owned by the government and security agencies. Take a look at the CIA, MI6, MI7, KGB etc, they all thrive on a communication system that is very secure.

frodobee:
If you read the article,you will see that what the investors are about is actually turning NITEL properties into real-estate business. The rest 20% is about communication. Don't expect any landlines soon or even at all. As a business man I wld say Mr Ayeni is a good investor.

tit:


Thanks my guy.
After reading about OML 215(?) sold for $25M, i was surprised to see a tag of $252M for Nitel.
Asset striping came to my mind.
I saw the real estate investing companies in the consortium but your post really made it real for me.

And this tells you how inefficient government can be.
So none of our overpaid-file-pushing-potbellied-gray-haired bureaucrats could propose making more than $252M by selling Nitels real estate individually.
It is better we eliminate government entirely. They are not even good at security. See the way Boko haram is handling our army and police.