EXCLUSIVE: Nigerian Minister, Pantami Colludes With Buhari’s Aide To Issue Last-Minute Spectrum Licences To Proxy Companies Including Tinubu’s Associate, Plan To Divert Proceeds To Private Accounts

SaharaReporters learnt that Pantami and Yusuf would grant such licences to firms linked to their cronies and buddies within the Aso Rock Villa, cabals, as effectively as a end ally of the “president-elect”, Bola Tinubu.
 

Isa Ali Pantami, Nigeria’s Minister of Communications and Digital Economy, and Sabiu “Tunde” Yusuf, President Muhammadu Buhari’s non-public secretary, have allegedly colluded to grant licences for broadcast frequencies within the 600MHz spectrum band by the Nigerian Communications Fee (NCC) within the twilight of the Buhari administration.
SaharaReporters learnt that Pantami and Yusuf would grant such licences to firms linked to their cronies and buddies within the Aso Rock Villa, cabals, as effectively as a end ally of the “president-elect”, Bola Tinubu.
A offer interior the presidency confirmed this to SaharaReporters on Saturday, including that Pantanmi and Tunde had also been making an strive to shift earnings from sales to personal bank accounts, which is one other strive to siphon extra public property sooner than handing over to the incoming govt.
This mischief also incorporated a 50% cut fee on the licence.
It changed into further revealed that one of many firms that were granted the licences is MAFAB Communications, a firm allegedly linked to Bola Tinubu, the incoming president of the nation.
It changed into gathered that the four licences were issued and shared between Pantami, Tunde, MAFAB Communications, and one other firm linked to a cabal interior the Aso Rock Villa.
The provision stated, “They gave one to Tunde and one to Pantami; one to at least one other firm linked to Aso Rock Villa cabals. They now have one to Mafab – a particular person linked to Tinubu so as that he can offer protection to them from the subsequent regime. Indubitably the NCC before all the pieces marketed the licence but the minister suggested them to fail to bear in mind it and award the licence to those four firms.
“Are the likes of Wale within the industrial team in a position to lose proceeds from sales of the licence by allowing Pantami and Yusuf (Tunde) to arm-twist Buhari into signing the 50% cut fee or will they slay the process and fabricate clear the true thing is achieved?
“Mafab changed into funded by Tinubu to buy the 5G license that he has been unable to deploy now for donkey years,” he added.
The provision added that Pantami brought in Professor Adeolu Akande from the Nationwide Information Technology Bid Company (NITDA) and place in him as Chairman of the Nigerian Communications Fee’s Board of Commissioners to make certain the licences were granted quickly. 
The provision persisted: “The chairman of the board that approves the license changed into brought in by Pantami from NITDA and he is like a Pantami puppet. He claimed to have laws stage and despatched to the laws college final year or so. He even sold a plush constructing in Maitama where he calls his chambers and that’s where all licensee possibilities flow to negotiate with him on how noteworthy they’ll pay to receive their license and that’s what precisely has occurred with this licensing round.”
Within the meantime, the Broadcasting Organisation of Nigeria (BON) has spoken out in opposition to the deliberate sale of the printed frequency within the 600MHz spectrum band, claiming that such action would now not absolute top endanger over 80% of television viewers nationwide but would also dispute Nigeria’s broadcast home to unrestricted penetration by international media organs.
In accordance to the availability, the minister had also long gone to this level as to deceive the president by requesting acclaim for an Information skills(IT) conference scheduled for 2026, seemingly in an strive to plunder the funds and give conference contracts to cronies while avoiding intervention from the incoming administration.