<p><em>APC Investment</em><br />
<strong><a href="https://openlife.ng/">OpenLife Nigeria</a></strong> has reliably gathered that President Muhammadu Buhari, President federal republic of Nigeria, obviously sensing the heated momentum hovering around the country as a result of 2023 presidential interest, may have decided to settle Asiwaju Bola Ahmed Tinubu with a lucrative 5G license.<br />
Tinubu, former governor of Lagos State between 1999 and 2007 is believed to have been the single highest investor during and after the formation of the ruling All Progressives Congress, APC.<br />
The ruling party was formed by three political parties in 2014.<br />
It subsequently won the 2015 presidential contest through deft political strategies orchestrated by Tinubu.<br />
Since then, Tinubu has not hidden his interest to occupy the number one seat in the land.<br />
Recent book launch, an autobiography by former Osun State governor, <a href="https://punchng.com/">Chief Bisi Akande</a>, unearthed more than before, Tinubu’s long-time struggle for a presidential seat either as a president or Vice President.<br />
Conscious of this move, Buhari, according to credible sources has decided to settle Tinubu with a 5G license.<br />
To achieve this, the federal government through the Nigerian Communications Commission, NCC, Monday, auctioned two licences of fifth-generation (5G) networks.<br />
MAFAB Communications Limited challenged MTN Nigeria and Airtel Nigeria in the auction.<br />
In a twist of event, Airtel Nigeria, a top telecom company, dropped out of the race as the 5G spectrum reached $275.9 million at the 11th round.<br />
NCC conducted the 5G spectrum auction with a reserve price of $197.4 million for two lots of spectrum in the 3.5GHz band.<br />
Mafab later emerged as the second winner of the 5G licence at the assignment stage and federal government made $547 million from the deal.<br />
Mafab Communications was incorporated on the 8th of July, 2020, and licensed by the NCC to provide and operate Local Interconnect and International carrier services.<br />
The company operates under three licenses, including interconnecting exchange, international data access, and value-added services, providing cloud hosting or co-location services.<br />
Mafab is one of the technological subsidiaries of Althani Group, a business conglomerate chaired by Musbahu Muhammad Bashir, a business tycoon.<br />
On the board, according to credible information is Colonel Sami Sanni, Ret’d, former military governor of Kano State and Asiwaju Bola Ahmed Tinubu, an APC chieftain.<br />
In a brief interview with OpenLife Wednesday morning, an APC chieftain who is very close to the Presidency revealed that “The G5 license is a compensation for Tinubu. He has done so much for APC but he cannot be allowed to pick APC presidential ticket. Buhari is not considering him at all as a successor,” he disclosed in confidence.<br />
Meanwhile, MAFAB Communications, according to a credible source, has begun plans to launch a Greenfield mobile network operator, MNO.<br />
This has necessitated preliminary discussions with leading Chinese and United States of America ICT equipment suppliers.<br />
According to the source, MAFAB Communications is expected to deepen local contents, job creations as well as enhance service delivery when fully operational from 2022.</p>

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