Join NairaWay / Login / Trending / Recent / New
Stats: 237 members, 2,772 topics. Date: August 20, 2018, 6:06 am
NAIRAWAY Forum / Technology Markets / Etisalat: Govt intervened to protect jobs, subscribers, by minister (1 Post | 199 Views)
Etisalat: Govt intervened to protect jobs, subscribers, by minister by nairaway(m) : 9:31 am On Jul 26, 2017
Minister of Communications, Mr. Adebayo Shittu, says Federal Government has stepped into the crisis presently faced by Etisalat to save Nigerian employees and subscribers.
A statement by Mr. Henshaw Ogubike, Deputy Director, Press, the minister spoke when members of the new management of 9Mobile network provider visited him yesterday in Abuja.
He tasked the management to work hard to revive the company, adding that government would not fold its hand and allow the company to die, in view of its economic importance to the nation.
He said about 20 million Nigerians subscribed to the network, many employed by it, Nigerian banks were stakeholders, hence the government’s quick intervention to rescue the company from creditors determined to take over the company.
The minister assured the management that the Federal Government would always support the telecommunication sector by providing an enabling environment for the industry to thrive.
Mr. Boye Olusanya, leader of the team, requested the minister to also intervene in the areas of Multiple Taxation, Foreign Exchange, Right of Way (RoW) and security of infrastructure that would ease operations in the sector.
Etisalat, Nigeria’s fourth largest telecommunication firm, had been facing financial crisis since Mubadala Development Company of United Arab Emirates, the company’s largest shareholder pulled out its investment from the country.
HOW TO EARN $1 EVERY 2 MINUTES OR $55 DAILY ONLINE
CLICK HERE TO GET FREE TUTORIALS ON MAKING FREE CALLS, WATCHING DSTV FREE ETC
HOW TO MAKE N100,000 T0 N500,000 MONTHLY
LEARN HOW TO MAKE N250,000 MONTHLY ONLINE IN NIGERIA
How to Make Huge money From Expired Domain name click http://cashnaira.com
CLICK HERE TO DRIVE UP TO 20,000 REAL NIGERIAN TRAFFIC DAILY TO YOUR SITE
A NEW INTERNET COMMUNITY IS LAUNCHED! CHECK IN AND ENJOY FREE LESSONS
FREE GUIDE! BROWSE FREE, MAKE FREE CALLS, MAKE MONEY ONLINE ETC
CLICK HERE TO EARN $45 – $100 DAILY ONLINE WITH YOUR FACEBOOK ACCOUNT
Viewing this topic: 1 guest viewing this topic
|NAIRAWAY - Copyright © 2016 Oluwasegun Adebayo. All rights reserved. Follow NairaWay on Facebook|
Disclaimer: Every NAIRAWAY member is solely responsible for anything that he/she posts or uploads on NAIRAWAY.