Auctioneers tell President Buhari to Probe sale of NITEL/MTEL equipments

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The Nigeria Association of Auctioneers, NAA, has requested President Muhammadu Buhari to honour his pledge to probe the sale of NITEL/MTEL obsolete

equipment in line with the outraged that trailed its sale.


National President of the association,
Aliyu Kiliya, made this appeal in a letter to the Vice President, Yemi Osinbajo and the Chairman Council of Propertization, a copy of which was made available to journalists yesterday in Bauchi.

The open letter reads, ?The National
Association of Auctioneers, NAA, as stakeholders filed a case in
Bauchi Federal High Court against the liquidator who was appointed
by the Bureau for Public Enterprise, BPE.

?We feel disappointed by the way and
manner NITEL and MTEL sale was carried out.

?The items were supposed to be sold
by open and competitive bidding, instead of secret bidding.?


Kiliya said the NAA is dismayed that despite the direction by the Federal High Court judge that status quo should be maintained, it was regrettable that NETCOM Company Limited has taken over the disposal of all the items of NITEL/MTEL nationwide, contravening the order that was given by the court.

?In this regard we are appealing to your good office to as a matter of urgency to kindly stop immediately the selling of NITEL/MTEL as we believe that a lot of revenue is being looted that is why they are rushing to sell and if
this is allowed to happen a lot of revenue will be lost,? he stated.