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Former Vice President Atiku Abubakar has reportedly been selling off his shares in Intels, a company he co-founded with an Italian national Gabriele Volpi, to provide integrated logistics services for Nigeria’s maritime, oil and gas sectors.
Intels signed an agreement with the Nigerian Ports Authority (NPA) in 2010 to collect revenue on behalf of the federal government agency on some port operations, but there has been many issues from the deal on grounds of alleged illegalities.
In a statement released on Monday January 4 by his spokesman Paul Ibe, the former presidential candidate of the Peoples Democratic Party accused the federal government of going after his business.