Former Vice-President Atiku Abubakar said he has been selling his shares in Integrated Logistics Services Nigeria Limited (Intels), which he co-founded with late Shehu Yar’Adua and Italian-Nigerian Gabriele Volpi.
Although Atiku did not specify the number of shares sold, he said he has been redirecting the proceeds into other businesses.
He accused the Buhari administration of trying to destroy the company, because of political differences.
“Yes, he has sold his shares in Intels and redirected his investment to other sectors of the economy for returns and creation of jobs”, said Paul Ibe, his media adviser.
The share sales assumed greater urgency in the last five years, a period which coincides with Buhari’s ascension since May 2015.
“This Government has been preoccupied with destroying a legitimate business that was employing thousands of Nigerians because of politics”, Atiku said.
“There should be a marked difference between Politics and Business”, he said.