Tinubu Buys Part Of Intels Shares From Atiku?
Intels is Nigeria's biggest oil and gas logistics service provider, with its operational headquarters in Onne, Rivers State.
It was set up three decades ago by Volpi and former Vice-President Atiku Abubakar who has always held a minority stake in the firm.
Atiku held a 17.2 per cent stake in Intels...
which he whittled down after he sold part of his stake to former Lagos State governor and National Leader of the All Progressives Congress (APC) Bola Tinubu.
It is often erroneously reported in the media that Intels belongs to Atiku Abubakar. But he has always been a minority shareholder in the company. Until recently, he had a 17.2 per cent stake in Intels, but even that was whittled down when he sold part of his stake to Tinubu, explained a company source recently.
It is often erroneously reported in the media that Intels belongs to Atiku Abubakar. But he has always been a minority shareholder in the company. Until recently, he had a 17.2 per cent stake in Intels, but even that was whittled down when he sold part of his stake to Tinubu, explained a company source recently.
culled from Olu famous Mr Olumide's Blog
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