The Federal Government may have
concluded plans to handover NITEL/MTEL facilities to NATCOM consortium having met
the necessary requirements including full payment of $252.251million cost of acquisition
repor, according to the deputy chairman, National Council on Privatization
Technical Committee Mr. Haruna Sambo, ITRealms
reports.
Mr. Sambo disclosed this at the last
meeting of his committee for this administration, saying that NCP has approved the
handover following the financial bid for NITEL/MTEL by the bidder, NATCOM
consortium.
‘Today, at the council meeting, the
council approved the handover to NATCOM consortium, having paid the cost
of acquisition. By this approval, the process has come to a closure and the
council has mandated the BPE to hand over the two companies to the preferred
winner after all due processes are taken care of,” he said.
As said by him, with this, the
transaction has come to an end and Council therefore authorize BPE to hand over
the two companies NATCOM consortium.
Also Vice President Namadi Sambo, and
the permanent secretary of Ministry of Power Mr. Godknows Igali, said that
government had settled about 98 per cent of ex-PHCN workers, including their
pensions and gratuities directing that any other remaining cases should be
referred to the BPE for settlements.
The minister of Mines and Steel
Hon. Musa Sada, added that the council also discussed reforms of the National
Parks as well as the Federal Housing Authority (FHA) with the aim to
restructure the sector and bridge the 17 million housing deficit in the
country.
AbdulKareem Mueenah/GEE
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