Atiku sells off shares in Intels, accuses Buhari of destroying his business

Former Vice President Atiku Abubakar has blamed the President Muhammadu Buhari-led administration for his decision in selling his shares in Integrated Logistics Services Limited (Intels).

Atiku in a statement on Monday by his spokesperson, Paul Ibe explained that the federal government had been unable to separate politics from business and had been going after his business since 2015.

The statement revealed that he had been selling off his shares in the company gradually since the face-off with the government started but the process was only concluded in 2020.

“Co-founder of Integrated Logistics Services Nigeria Limited (Intels), Atiku Abubakar, has been selling his shares in Intels over the years,” the statement read.

“It assumed greater urgency in the last five years because this government has been preoccupied with destroying a legitimate business that was employing thousands of Nigerians, because of politics.

“He has sold his shares in Intels and redirected his investment to other sectors of the economy for returns and creation of jobs.”

10 Comments

  1. A serious matter well you know the innermost part of his business and its profit making so selling it depend on his earnings

  2. Hmm, but intels has been functioning na, is just that you refused to follow the procedures of the government.

  3. This is very sad I just hope that other economic sector which is now venturing his money into will be beneficial to the entire country once again the fact that he employed many people in that Intel has made a very good impact in the Nigeria employment sector

  4. Look at yourself and search for what you have done wrong, once you are not the only one having business in the land then why would he be after you? I don’t think so.

  5. Though, there’s recession everywhere but it is not a matter of victimization or otherwise, you are the one to do the needful by yourself.

  6. Nothing bad if you give out from what you have embezzle so far. You better stop complaining and face your business squarely and leave politics.

  7. Why is it that president buhari is only after you upon numerous politicians in the country, may be you have gone wrong somewhere. I don’t think president buhari is after you at all.

  8. These politicians sef. They always like to witch haunt their fellow politicians whenever they assume office of power
    This is so sad to hear that a president will leave politics and trying to improve the welfare of the people in many ways but instead start going to the extent of damaging people’s business that the action has lead to this man selling his shares in intel

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