The House of Representatives has asked the Federal Government to halt the on-going liquidation process of the Nigerian Telecommunications Limited (NITEL) and its mobile division, Mobile Telecommunications Limited (MTel).
The legislators rather called for an immediate technical and financial audit of the ailing company. The lawmakers are also pushing for a Public Private Partnership (PPP) alternative to outright liquidation of the two telecommunication companies.
The decision of the lawmakers followed the approval of the recommendations of the report of House Committees on Privatisation and Commercialisation, Finance, Communications, Public Procurement and Information Technology on the need to stop the liquidation process.