BPE raises panel to screen NITEL bids

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The Bureau of Public Enterprises, BPE, has set up a committee to screen the technical proposals submitted by bidders for the Nigerian Telecommunications Limited and its mobile subsidiary, the Nigerian Mobile Telecommunications Limited.

The Head, Public Communications, BPE, Chigbo Anichebe, who confirmed this in Abuja on Monday, disclosed that the membership of the committee was drawn from different government agencies and ministries.

The committee, he said, would begin its work on Tuesday (today), adding that the task of the committee is to screen the technical proposals of the two consortia that want to acquire NITEL and M-Tel under the guided liquidation programme approved by the National Council on Privatisation, NCP chaired by Vice President Namadi Sambo.

Messrs NETTAG Consortium and NATCOM Consortium had been earlier prequalified for the exercise and Anichebe confirmed that they both beat the Friday deadline for the submission of financial and technical bids.

The NCP had on February 27, 2013 approved the sale of NITEL/M-Tel through guided liquidation after several failed attempts in the past to privatise the enterprises.

Under the guided liquidation strategy, both companies are to be sold as a single lot to a qualified bidder by a liquidator under the guidance of the BPE.

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