Nigeria Government Reverses Self on NITEL/MTEL
March 4, 2008 by 
OCI · Leave a Comment
This may be good news to all the poor investors that invested in the Transcorp dream, or is it too early to celebrate, time will tell; for now, its another ‘reverse’ reversal.
Federal Government yesterday restored the 51 per cent equity share holding of the Transnational Corporation (Transcorp) in Nigerian Telecommunications Limited (NITEL) and Mobile Telecommunications (MTEL)
….. reports Champion
Independent nails it with….
Govt Makes Another U-turn On NITEL/Mtel
Transcorp will continue to own 51 per cent of Nigeria Telecommunications Limited (NITEL) and its subsidiary, Mobile Telecommunications (Mtel).
The group will also continue to manage the telecom firms until a new core investor shows up.
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Nigeria: Man Of The Year!
January 1, 2008 by Che Oyimnatumba · Leave a Comment
Written By: Ashimole Felix
The GOLD MEDAL GOES TO Professor Maurice Iwu
The year 2007 started in Nigeria with a lot of anxiety. This uncertainty exhumed from the failed attempt at constitutional adulteration to midwife tenure extension for the Obasanjo administration.
People were skeptical if the Obasanjo administration will hand over come May 2007. On the shoulders of Independent National Electoral Commission (INEC) rested the fate of the Nation.
Ever since the infamous April 2007, INEC and the loquacious Frankenstein Maurice Iwu have dominated the news in Nigeria. The election tribunals/courts are reversing the results from Sokoto to Kogi, through Adamawa to Rivers State. In Imo State, the Prof’s state, the fate of his kinsman (Both are from Mbano) Governor Ohakim, is on an unequal balance. President Yar’Adu’s presidency is still uncertain and may snowball into a record in Nigerian political history, if the tribunal has the balls.
Without losing steam, Maurice Iwu is still the dominant news person of the year 2007. When Nigerians thought that the upper-cut given to Iwu both by the international and local observers have floored him, he bounced back and insisted that the fraud of April 2007 was better organized than the landmark June 12, 1993.
