ionigeria.com Nigerian Newspaper
Former Minister of Defence and businessman, General Theophilus Danjuma, has been named Board Chairman by the NatCom Development & Investment Limited “NatCom”, trading as ntel.
The announcement was made on Wednesday, July, 2016 following General Danjuma’s inaugural board meeting. With General Danjuma as board chairman, former chairman, Dr. Tunde Ayeni, becomes Vice Chairman.
Other members of the board include Captain Idahosa Okunbo, Abiola Ayeni, Kasheem Shettima, Philip Chukwu, Kola Adesina, John Darlington, Dan Kunle, Babatunde Omotoba and Kamar Abass.
General Danjuma, fondly known as ‘the green general’ on account of his environmental activism, has interests in oil and gas, banking and shipping. A respected environmentalist and philanthropist, he was Chairman of Abuja Green Society and through his own Danjuma Foundation, established in 2009, passionately supports poverty alleviation, education and medical aid initiatives across Nigeria.
General Danjuma brings to the ntel board robust commercial experience covering some three decades in the public and private sectors, following a successful career in the army from where he retired as a three-star General and Chief of Army Staff in 1980.
He also served as Minister of Defence in the first term of the civilian administration of President Olusegun Obasanjo.
Commenting on this key addition to ntel’s board, Kamar Abass, ntel’s CEO, remarked “we are delighted to have a man of General TY Danjuma’s standing join us. As our new chairman, and as a shareholder, we welcome his support as we add momentum to our growth and development in Nigeria’s telecoms industry. We expect to benefit enormously from General Danjuma’s sterling leadership credentials and, in this way, to build on the excellent work of our immediate past chairman, Dr. Tunde Ayeni, who positioned ntel to deliver the leading Broadband experiences already evidenced in Lagos and Abuja.”
ntel commenced commercial operations of its 4G/LTE-Advanced network on 08-04-16 in Lagos and Abuja. Network services in Port Harcourt are scheduled to commence early in Q4. NatCom projects making investments totalling more than $1billion by 2020.
ntel is Nigeria’s most advanced mobile 4G/LTE network providing superfast Internet Access that enables high-definition voice, data and video services. ntel’s network is built on the 900/1800 Mhz frequency bands which are the best propagation frequencies for the deployment of 4G/LTE technology. ntel’s bouquet of services includes: National Bandwidth; International Voice Termination, International Bandwidth; Mobile and Fixed Communications services.
The company made its first on-net test data call in Lagos on Monday, January 18, 2016 and followed this with its first on-net Voice-over-LTE (VoLTE) call in Lagos on Thursday, February 25, 2016. Commercial operations commenced on Friday April 8, 2016.
The same set of people running things all these years
These are people that have used their political connections to acquire immense wealth which has also made them very relevant in the economic sector
More recycling! What value can an old man who readily admitted to not knowing what to do with an oil bloc, add to this new business?
He will add a lot of political value.The former Chairman, who is now Vice Chairman associated openly with former President Goodluck Jonathan and Buhari does not hid his feelings against perceived supporters of his former opponent. So, bringing in Danjuma who is respected by Buhari is an ingenious Boardroom move. So, his primary role will be to provide political cover.