Mikano Says it Has Nothing to do With Atiku, Debunks Report it is Owned by ex-VP

Mikano Says it Has Nothing to do With Atiku, Debunks Report it is Owned by ex-VP

  • Atiku Abubakar, former Vice President and presidential candidate of the Peoples Democratic Party, is not the owner of Mikano, the generator company
  • According to a statement by the company on Sunday, Atiku is neither affiliated nor own shares in the firm
  • The company stated that various social media reports linking the former vice president to it are untrue and fallacious

Presidential candidate of the People’s Democratic Party (PDP) and former vice president, Atiku Abubakar does not own the power generating company, Mikano International, according to the company’s statement on Sunday, July 24, 2022.

The Punch reports that Mikano issued the statement which its Managing Director, Firas Mamlouk, signed and said that the generator company is neither owned nor affiliated with the erstwhile vice president.

Atiku, Mikano
Atiku Abubakar Credit: PIUS UTOMI EKPEI / Contributor
Source: Getty Images

Atiku trends on social media as Mikano owner

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In various social media posts, it was claimed that Atiku owns Mikano International which was established in 1993 and deals with power generation, steel, fabrication, electrical products and solutions.

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According to the company, Nigeria’s former Vice President and current presidential candidate PDP is not the owner of Mikano International Limited, the management of the firm announced on Sunday.

Labour party and APC members link Atiku to Mikano

Various reports have said that the Labour Party and the Tinubu Presidential Campaign Organisation had berated Abubakar on Friday for saying he would win the election next year.

The company said:

“This disclaimer is a notice to the general public that the news does not represent the true facts as it concerns Mikano International Limited.”
“Please be informed that Mikano International Limited is not owned, affiliated, associated, authorised, endorsed by, or in any way officially connected with Atiku Abubakar, GCON. Members of the public are therefore advised to disregard the news.”

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Mikano Finally Speaks on Atiku's Position in Generator Company

Nigeria missing in top 10 African countries with best electricity Access

Legit.ng reports that Nigeria's poor electricity supply has put it behind seemingly smaller countries with less Gross Domestic Product {GDP) in Africa.

Electricity supply remains the fulcrum of national development in any country and many African countries are lacking in providing this basic and all-important amenity for their teeming population.

Nigeria's poor electricity supply has put it behind seemingly smaller countries with less Gross Domestic Product {GDP) in Africa. Electricity supply remains the fulcrum of national development in any country and many African countries are lacking in providing this basic and all-important amenity for their teeming population.

Source: Legit.ng

Authors:
Pascal Oparada avatar

Pascal Oparada (Business editor) For over a decade, Pascal Oparada has reported on tech, energy, stocks, investment, and the economy. He has worked in many media organizations such as Daily Independent, TheNiche newspaper, and the Nigerian Xpress. He is a 2018 PwC Media Excellence Award winner. Email:pascal.oparada@corp.legit.ng