Again, Controversies Over Sale of NITEL

[Richard Akindele]

THE Bureau of Public Enterprises (BPE), government's privatisation agency primarily responsible for selling off state-owned enterprises (SOEs) has had a mixed result since the privatisation exercise started. But surprisingly, it has not been able to dispose off the Nigerian Telecommunications Plc (NITEL). Surely, a lot of experiences had been gained in previous sales attempts to ensure a smooth exercise? But the devil, as always, is in the details.

Nitel, like the proverbial abiku, has refused to ...
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