Contrary to the claim made by former vice president Atiku Abubakar, Intels has said that business always operates according to market logic, not political influences.

In statement released by the company, it is read that “Intels Nigeria Limited and its parent company, Orlean Invest Holding, in relation to some statements that appeared in the press yesterday and today, categorically deny that its business has at some time been hindered by political influences from the current government.”

It further explained that “the company has always operated according to market logic, thanks to its history and commitment to the development of the Nigerian economy in the oil and gas logistics sector.

“The ongoing contradictions are part of a natural commercial divergence, which will hopefully be resolved, as in the past, by a new approach, in the interest of all the parties, also according to the social role that Intels plays in the country.”

However, in a statement released on Monday by Atiku’s aide, Paul Ibe, revealed that “Atiku has redirected his investment in Intels because this government has been preoccupied with destroying a legitimate business that was employing thousands of Nigerians because of political reasons.”