NITEL PRIVATIZATION: A CASE OF CAPITALIST PLUNDER
The press is recently awash with the latest news about the failed privatization of NITEL, the foremost Nigerian government communication giant that has been made the ghost of itself. However, this writer has written an article, on 31 Mar 2010, published on socialistnigeria.org, herein republished which addressed the planned privatization of NITEL to New Generation Nigeria. The article still retains its valid argument which has been confirmed by the latest failed privatization of the organization. This article is hereby republished for education of the change seeking working people, intellectual and youth. It again underlines the fact that the capitalist ruling class and their partners ion the economic sector cannot move the country forward an inch. NITEL PRIVATIZATION: A CASE OF CAPITALIST PLUNDER NITEL is in the bad news again. This time, it is the fraudulent sale of NITEL to an unknown telecom company, New Generation Nigeria. The company offer a $2.5 billion bid for the three NI...