Mr Garba Shehu, Senior Special Assistant to the President on Media and Publicity, said in a statement that the President demanded the report after he was briefed by Dr. Tunji Olaopa, the Permanent Secretary of the Ministry.
The president said he was concerned by the continuing protests of former NITEL employees and other Nigerians over the manner in which assets of the company were sold.
The president, however, explained he was not opposed to the sale of the telecommunication company previously owned by the Federal Government but was concerned about the process.
Former president, Dr Goodluck Jonathan’s administration sold the telecom company for $252m to NATCOM consortium in December 2014.
Speaking to State House correspondents after briefing the President on the activities of the ministry, Olaopa said that the President had directed him to raise a memo on the whole transaction to ascertain if there were any underhand dealings.
He also stated that the President was equally concerned about the quality of service rendered by telecom operators in Nigeria.