BPE: Lagos begins ‘harmless takeover’ of N2.5b NITEL property

The Lagos State Government is acquiring a Lagos-sited property estimated at N2.5 billion belonging to NITEL and its mobile subsdiary, MTEL, under “a harmless takeover” scheme, the nation’s privatisation agency says. The Nigerian Telecommunications Limited (NITEL), the pioneer national carrier of the country, and its mobile phone business unit, MTel, was sold to NatCom Development […]

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