President
 Muhammadu Buhari has ordered investigation into the sale of Nigerian 
Telecommunications, NITEL, and Mobile Telecommunications, MTEL, under 
the administration of ex-president Goodluck Jonathan.
The telecom company was sold for $252m to NATCOM consortium in December 2014.
Permanent
 Secretary, Federal Ministry of Communication and Technology, told State
 House Correspondents on Tuesday after briefing the President Buhari 
that the president had directed him to raise a memo on the whole 
transaction to ascertain if there were any underhand dealings.
The
 official also disclosed that President Buhari expressed worry over the 
quality of service rendered by the telecom operators in Nigeria.
He
 said: “The President was concerned about the liquidation of NITEL. He 
is not opposed to its privatization but he wants to know and he want us 
to bring a memo on how the whole transaction was undertaken so that he 
would know whether Nigeria was shortchanged.
“The President was 
concerned by the quality of service of telecom operators. The President 
is very concerned about the whole issue of privatization that is 
hindering the investments in ICT infrastructure, and he will personally 
champion this. The President talked about the potentials of the ICT 
sector in generating employment.”
 
 
 
 
 
 
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