Business magnate Dr. Mike Adenuga has made overtures to the federal government to acquire the state-owned telecommunications company, NITEL and its mobile subsidiary, MTel, for $450 million under the willing buyer-willing seller basis to be undertaken by the Bureau of Public Enterprises, in a last ditch effort to sell the troubled telecom firm. Adenuga Moves to Take over NITEL for $450m
Business magnate Dr. Mike Adenuga has made overtures to the federal government to acquire the state-owned telecommunications company, NITEL and its mobile subsidiary, MTel, for $450 million under the willing buyer-willing seller basis to be undertaken by the Bureau of Public Enterprises, in a last ditch effort to sell the troubled telecom firm.