Skye Bank Chairman, Ayeni, Sahara Energy Owner, Tonye Cole, Others, Buy NITEL, Mtel

A consortium run by Skye Bank’s chairman, Olatunde Ayeni, the founder of Sahara Energy, Tonye Cole, and two other companies, have received the nod from the Nigerian government to take over the country’s moribund, but potentially lucrative telecom carriers, NITEL and MTEL, once they pay $242.3 million (about N42.4 billion).

The investment vehicle, NATCOM Telecommunications, on Wednesday emerged the sole bidder for the Nigerian Telecommunications Limited, NITEL, and its mobile subsidiary, the Mobile Telecommunications, Mtel.

Presidency, IG Defend Deployment Of Policemen

While the Senators and House members fumed, the Presidency and Abba justified the deployment of security operatives, saying it was to defend the 1999 Constitution and prevent a breakdown of law and order.

Abba, in a statement by the Force Public Relations Officer, Emmanuel Ojukwu, said the police action followed an intelligence report of a likely invasion of the House   by thugs.

He claimed   that in the course of screening the House members and visitors, Tambuwal arrived with “a motley crowd and assaulted the Police operatives on duty.”

Police Teargas Lawmakers In Attempt To Prevent Tambuwal From Entering National Assembly

There was commotion at the National Assembly on Thursday as a plot to stop the Speaker of the House of Representatives, Mr. Aminu Tambuwal, from entering the assembly complex failed.

Riot policemen   tear-gassed angry lawmakers, who were protesting against the development.

Although the general belief was that the security operatives were deployed in the assembly to prevent Tambuwal from   presiding over Thursday’s “special plenary,” The PUNCH gathered that it was to stop some   lawmakers, especially those in the All Progressives Congress Caucus,   from   tabling a motion for President Goodluck Jonathan’s impeachment.

Financial Crisis Rocks Tunde Babalola’s Discovery Airline …Details Of His Adultery Mess With Female Staffs + How Several Pilots Resign Over Unpaid Salary

While others in the aviation industry are smiling to the bank, information scooped has revealed that Discovery airline seems to be falling apart over what insiders tagged as the Airline’s huge debt profile, unprofessional attitude of the egghead among other alleged unwholesome act. 

Sources revealed that the company is presently enmeshed in financial crisis which led to the recent resignation of top pilots who complained the company owes them more than 5 months payment. Discovery Air Chairman, Tunde Babalola’s financial recklessness was alleged to be the genesis of the company’s present predicament. The young man, Tunde allegedly collected some bank loans which he used for his oil business and he didn’t pay back, and when he floated Discovery Airline and asked for banks support they all shut the door in his face judging from his debt record.