Etisalat Nigeria Chairman, Hakeem Bello-Osagie, resigns

Hakeem Belo-Osagie
Hakeem Belo-Osagie

The Chairman of Etisalat Nigeria Limited, Hakeem Bello-Osagie, has resigned his position.

The resignation takes immediate effect.

A statement obtained by PREMIUM TIMES confirmed the development, saying the decision followed “the approval of a restructuring plan for the telecommunications firm.”

Mr. Bello-Osagie, the one-time Chairman of the United Bank for Africa, UBA, was the surviving shareholder in the embattled mobile operator currently embroiled in a $1.2 billion (about N377.4 billion) loan repayment crisis with a consortium of 13 Nigerian banks.

He was the promoter of Emerging Markets Telecommunications Services, EMTS, which controlled 15 per cent of the equity holding of the company

His resignation followed the withdrawal, two weeks ago, of the company’s major shareholder, Emirates Telecommunications Group Company, which announced the decision to quit effective June 15, 2017.


DOWNLOAD THE PREMIUM TIMES MOBILE APP

Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD:DIABETES Is CURABLE! Don't Let It Threaten You! To NORMALIZE Your Blood Sugar In 21Days For Life, Click Here!!!.


All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.


  • 0tile

    Is this man really Hakeem Bello or Lamido Sanusi? Allah, the two Islamists look cloned.

    • Izedomi Ohirein

      That is Hakeem, he look no where like Sanusi.

      • Iragbijiile Grant

        Besides he has degrees from Cambridge, Oxford and Harvard.

        Sanusi went to Abu

        • Izedomi Ohirein

          They both went to Kings College Lagos and wear similar biers.

          • Iragbijiile Grant

            Hakeem got into Kings college on merit, no way the Hausa doofus got in on merit.

          • Izedomi Ohirein

            Sanusi must have got into King’s College on merit from the quota reserved for the north.
            King’s College was fee paying & Sanusi was a Fulani Prince. Quite intelligent too.

    • saudat zik

      How can this b sanusi lamido??? SMH

  • Anslem Igueben

    Premium Times Editor,

    Look, you people in Premium Times, look here!
    If you want to do radio program, then, go and turn yourself to Premium Times FM.
    Five minutes ago the headline was APC party talking nonsense that Buhari is jogging around.
    I went inside to bring out my dictionary to look for big English and pour curses on the APC party.
    Lo and behold the headline has changed in one minute to FOUR SOLDIERS KILLED IN BORNO.

    What’s the meaning of that kind of journalism? In just one minute headline has become stale news?
    I now said okay, let me not waste the big English i have crammed and better use them on Boko Haram.
    To me there is no difference between APC party and Boko Haram murderers – both of them kill Nigerians.
    Lo and behold again, within just one minute, headline has changed again to ETISALAT and Bello-Osagie.
    What’s the meaning of all this? I don’t know if headline will change next minute to Osinbajo has RESIGNED.

    • Iragbijiile Grant

      Yibo man, Osinbajo will not resign. The devil is a liar

  • musa aliyu

    Etisata, or Etisalat, or, what do you call ourselves? make una take luna time o! i dry enjoy una fast link, as i type this. make luna no fold up o!

  • sammyctu ode

    Hakeem-Bello Osagie was one of the criminal bankers that contributed to we investors loosing money during the 2008 collapse. He should have been banned from participating in any Nigerian major businesses but cos of corruption and impunity in Nigeria he reinvented himself and brought in etisalat which has equally collapsed on his face now. This guy is not a businessman but a real crook. He and others thought that the party of free money will continue under Jonathan but alas PMB came and changed their evil plans. CBN has no business meddling in etisalat loan problems. The banks that etisalat owed should take over etisalat and the board period.

  • Iragbijiile Grant

    Fake whiz kid has been whisked out!

  • Okanume Fidelis

    Are you into clothing business and need a steady and reliable supplier of 1st grade London bale clothings at great wholesale prices? Then you have come to the right place.

    We now have bulk stuffs available for: childrens clothings, ladies tops and chiffon tops. When I say 1st grade, I mean 1st grade top quality and carefully selected unlike some people who just pack stuffs you might regret buying.
    In our case, our customers happiness doing business with us and coming back regularly in our priority.

    We can supply to you anywhere in Nigeria by agreements, WE waybill without delay or stories for the gods

    For enquiries and orders call: 08109465582
    ********************************************
    ****LIST OF BALES
    CHILDREN BALES/ MADE/KG/AMOUNT/
    1. Overall for 0- 3yrs London 55kg. 45k
    2. mix outing and casual London 55kg 60k
    3. mix outing and casual London 85kg. 85k
    4. girl Dress(mostly girls gown) 100kg 105 k
    5. boys shirt ( 1-15) London/ Korean 100kg
    110,000
    6. school bags both fairly used and new. prices
    depends on quantity and sizes becos d bales is
    mostly mixed with traveling bags and hand bags.
    NB: all that I listed above are London first grade
    there are various country and brand of children
    bales that is as good or even better than London
    bale. the idea is to interchange brand and even
    mix them. y is listed only london is I noticed people
    are interested in it here.
    MEN BALE
    MEN PoLo ( Round Neck and T-shirt ) 100kg 65k
    Men Office Shirt London 80kg 90k
    Men boxes ( if requested)
    Jalabia for unisex and children in a bale 80kg 66k
    (different colours but 50% white) south west guy
    will enjoy dis one very well.
    from all the men bale I can make avaible in pieces
    from 40- 100 PCs upward. the polo and office
    shirt has different country made and brand that is
    as gud as the London bale for example there are
    first grade Korean bale just that it mostly small
    sizes while the London bale has mostly big sizes.
    that’s the diffirence.

    ******List of ladies bale available
    ladies cotton dress/gown 100kg 800-100pcs 75k
    chiffon/poly mix gown 100kg/ 800-1000pcs 120k
    ladies office shirt 1st grade London bale 80kg 80k
    ladies mix poly tops 80kg 450 – 500pcs 50k
    brassier first grade 100kg/800-1000pcs 75k
    Pakistan bale (Idian suree wears) 80kg 76k
    leggies 1st grade 100kg/800-1000pcs 85k
    2nd grade “. “. “. 90k
    1st grade very gud new china and Korean bags in
    bale from 110- 120 depending on d brand.

    .
    I have in stock good quality first grade London bales for sale. Chiffon gowns and tops, cotton gowns and tops, office wears, children’s mix, men’s trousers, T-shirts and polos.
    All bales are first grade London clothing with good quality brands inside.
    No faded or torn clothes in the bales because they were well selected.
    Buy now and sell fast to make serious profit without complaint. CALL US TODAY AND MAKE BOOKINGS 08109465582 ….. OUR SUCCESS WILL SPEAK FOR US!!!