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1000Reasons

Reason232

Alleged

Gicell Wireless Ltd

Company that received ₦465 million unauthorised investment from NIGCOMSAT without ministerial approvals or proper investment appraisal; claimed capitalisation of US$500 million; SERAP called for disclosure of shareholders and beneficial owners.

Sources

SOURCE-01Telegraph Nigeria (April 13, 2026)
Telegraph Nigeria (April 13, 2026)telegraph.ng/news/2026/04/13/serap-urges-tinubu-to-probe-missing-%E2%82%A62-9bn-in-nigcomsat-nnra/
SOURCE-02Punch Newspapers (April 12, 2026)
Punch Newspapers (April 12, 2026)punchng.com/serap-urges-tinubu-to-probe-missing-%E2%82%A62-9bn-in-nigcomsat-nnra/

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