9 MOBILE SALE MUST FOLLOW DUE PROCESS ―REPS COMMITTEE
Written by Kaka Saratu Poga on January 16, 2018
The House of Representatives committee on telecommunications on Monday declared that the sale of 9 mobile (formerly Etisalat) must follow due process.
This is coming just as the committee summoned the former chairman and directors of Etisalat Nigeria over alleged indebtedness of about N500 billion from the consortium of 20 banks.
The House committee chaired by Saheed Akinade Fijabi at an investigative session with Executive Vice Chairman of the Nigerian Communications Commission, NCC, Umar Garba Danbatta, 9 mobile management team and “the syndicate of lenders of Emerging Markets Telecommunications Services Limited (trading as 9 mobile)” said that the House was concern over development as regards to sale of 9 mobile to another investor.
According to him, the House was interested in having a transparent bidding process anchored on best practices.