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Former Governor of Lagos State and National Leader of the All Progressives Congress (APC), Bola Ahmed Tinubu, who many have said is nursing presidential ambition has been linked to Mafab Communications Ltd, sparking an outrage.
TheNewsGuru.com (TNG) reports Mafab, battling MTN Nigeria and dislodging Airtel Communications Ltd, recently won the bid for the deployment of 5G network technology in Nigeria.
As Tinubu is linked to Mafab, the process by which the little known telecom company emerged winner in the 3.5GHz spectrum band auction for 5G network deployment in the country has been called into question.
The development sparked an outrage, especially on social media as many questioned how Mafab was able to out-bid Airtel, a more known telecom company.
Some alleged Tinubu being who he is might have influenced the auction exercise carried out by the Nigerian Communications Commission (NCC) on Monday in Abuja, the Federal Capital Territory (FCT).
However, Nigeria’s telecommunications regulatory body has denied ever knowing that the APC National Leader and presidential hopeful has links with Mafab.
In a statement by Dr. Ikechukwu Adinde, NCC’s Director of Public Affairs, NCC argued that higher standard of integrity and openness was emplaced in the auction of the 3.5GHz spectrum band for the deployment of 5G networks in the country.
According to the statement, NCC came to the knowledge of Tinubu’s stakes in Mafab only recently from a report in the course of its routine media review.
The statement titled 5G Auction: NCC not aware of Senator Bola Tinubu’s connection to Mafab Communications Ltd reads:
“In the course of its routine media review, today, December 15, 2021, the Nigerian Communications Commission (NCC) became aware of publications in some online media channels alleging the involvement of Senator Bola Ahmed Tinubu, former Governor of Lagos State, in Mafab Communications Limited, one of the winners of the 5G spectrum sold by the Commission in a public auction conducted on Monday, December 13, 2021, at the Transcorp Hilton, Abuja.
“It bears restating that, consistent with the Commission’s long-established regulatory culture and tradition, the process leading to the auction of the 5G spectrum was open, fair and transparent in the most, as the public auction followed a rigorous due process and was witnessed by a cross-section of stakeholders as observers, including the media, the Association of Telecom Companies of Nigeria (ATCON), the Independent Corrupt Practices and Other Related Offences Commission (ICPC) as well as civil society groups.
“Mafab Communications Limited is a corporate entity duly licensed by the Commission to conduct telecommunications business. The company, which is in good regulatory standing with the Commission, currently holds international data access (IDA), inter-connect data exchange (IDE) and Value-Added Service (VAS) licences.
“It is pertinent to state that the Information Memorandum (IM) for the auction of the 3.5 gigahertz (GHz) spectrum clearly set out eligibility criteria for participation of interested bidders in the auction, which included that new companies could participate in the bid.
“Over the years, the NCC has had spectrum auctions and as an independent regulatory agency, has maintained an undisputable reputation of successful auctions based on openness, fairness and transparency, a fact widely acknowledged locally and internationally. NCC’s auction proceedings conform to international best practice, devoid of any undue influence or interferences whatsoever.
“A higher standard of integrity and openness was emplaced in the 5G auction as the process was, for the first time, witnessed by the public both physically and virtually through a link provided by the Commission on its official website.
“The Commission would like to assure Nigerians that, following the successful auction of the 5G spectrum, it is prepared to drive the implementation of the next phase of the deployment of the new technology, in line with the Federal Government’s approved plan, for the benefit of all citizens.