UPDATE: I Don’t Have Any Relationship With Intels Anymore – Atiku

Atiku Abubakar, the Peoples Democratic Party’s (PDP) nominee for president in 2023, claims he is not associated with Integrated Logistic Services Nigeria Limited (Intels), a company that handles logistics for the oil and gas industry.

In response to a suggestion that he benefits from the decision to revoke the contract cancellation between Intels and the Federal Government, Atiku revealed this in an X post on Sunday.

The former vice president said that he made his resignation from Intels public in January 2021 after selling his shares to the parent business, Orlean Investment Group, in December 2020.

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He emphasised that he is not a benefit of the federal government’s decision to restore the boat pilotage monitoring business that Intels lost, and he stated that his decision to leave the company has not been altered.

He wrote: “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 from the oil and gas logistics company, meaning that a different entity now owns those shares I sold.

“My divestment from the company that I co-founded has not been reversed. Consequently, I cannot, by any stretch of the imagination, be a beneficiary of the reinstatement of the boat pilotage monitoring business that was taken away from Intels by the Federal Government.

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“Therefore, the insinuation that I am a beneficiary of the decision to rescind the cancellation of the contract between Intels and the Federal Government is untrue and should be seen for what it is: mischief.”

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