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Former Vice President of Nigeria and the 2023 presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has explained that he is not a beneficiary of the Federal Government’s reinstatement of Integrated Logistic Services Nigeria Limited boat pilotage monitoring business.
Few days ago, the Nigerian Ports Authority, in a letter by Port Manager Charles Okaga dated November 30 addressed to all shipping companies, announced the reinstatement of Intels as the Authority’s service boat operation monitoring provider in the pilotage districts.
In January 2021, I made public the sale of my shares in Integrated Logistic Services Nigeria Limited (Intels) to Orlean Investment Group, the parent company of Intels.
The phased sale of those shares that commenced in 2018 peaked in December 2020. Intels also made public my exit…
— Atiku Abubakar (@atiku) December 3, 2023
Atiku, who debunked this in a statement via his Twitter handle @atiku on Sunday, explained that he sold his shares in Intel in January 2021 to Orlean Investment Group, the parent company of Intels.
The former vice president added, “The phased sale of those shares that commenced in 2018 peaked in December 2020. Intels also made public my exit from the oil and gas logistics company, meaning that a different entity now owns those shares I sold.
