Revamped NITEL, MTEL to Employ 10,000 Nigerians

The House of Representative Standing Committee on Communications has been informed that the Nigerian Telecommunications Limited (NITEL) and its mobile subsidiary (MTEL) are to employ 10,000 Nigerians. This was disclosed by the new owners of the once state-owned telecommunications giant, NATCOM, which is a consortium of seven local and foreign companies.

NATCOM chairman, Mr. Olatunde Ayeni, informed the House committee that having met all requirements and due diligence in the process leading to the acquisitions of NITEL and MTEL, the company has put in place a programme of resuscitating the two ailing telecoms companies.

 Ayeni stated that various efforts are been put in place towards overhauling the entire cable system while 10,000 Nigerians would be employed to set the companies on the part of competition with other players in the market.

The Hon. Saheed Fijabi-led committee directed both the Bureau of Public Enterprise (BPE) and the Nigerian Communications Commission (NCC) to meet and discuss the sales of the two national telecoms firms. It is necessary in other to review the commercial and technical areas of the sale as they affect the telecommunications regulatory body and the BPE.

The committee however noted that though NATCOM did all that were required of it despite not been given any form of waiver by BPE and NCC in the process leading to the sales, but pointed out that it was however necessary that the grey areas of NITEL’s indebtedness be sorted out by the BPE and NCC.

The committee also mandated the BPE and NCC to report back to it after the said meeting.