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Business

PTAD: Verification of NITEL, Mtel pensioners begins

The Pension Transitional Arrangement Directorate (PTAD) has started the verification of more than over 20,000 pensioners of Nigerian Telecommunications Limited (NITEL). The pensioners on the platform of under the Defined Benefit Scheme (DBS), also included those of NITEL’s mobile subsidiary, MTEL. According to NAN, the exercise started on Monday in Enugu, Lagos and Port
Business

FG Hands over NITEL/ MTEL to New Owners

The liquidated assets of Nigerian Telecommunications Plc (NITEL) and Nigerian Mobile Telecommunications Limited (MTEL) have been formally handed over to new private sector owners in Abuja Tuesday. Vice President Sambo stated during the formal handover ceremony that Nigeria would not attain the desired economic growth without adequate reforms and liberalisation of the
Headlines News

FG Hands Over NITEL To Core Investor

After fourteen years and five failed attempts to sell the Nigerian Telecommunications Limited, the Federal Government on Tuesday finally handed over the beleaguered first national telecommunications company to new core investor, NATCOM Consortium. At a ceremony attended by notable persons in the privatisation circle, the Bureau of Public Enterprises handed over instruments