Tingo International Holdings, Inc., today, announced the appointment of the immediate past president of Nigeria, Dr Goodluck Ebele Jonathan, as the chair of its advisory board.
Alhaji Mohammed Munir Ja’afaru OFR, mni, has also been appointed a member of the board alongside Reno Omokri, former spokesperson for Goodluck Jonathan.
“We are banking on the wealth of experience of both Dr Jonathan and Alhaji Ja’afaru as well as Omokri,” said Dozy Mmobuosi, Tingo co-founder/CEO.
“We are confident that the new members of the advisors’ board will be of great value to Tingo on its quest to become a household name across the globe. Our partners are already excited to see Dr Jonathan with the company.”
On the choice of Dr Jonathan as the chair of the board’s advisors, Dozie pointed out that the company is banking on the former president’s experience and network.
Tingo co-founder and CEO also pointed out that the former president was instrumental in the company’s first deal with the Nigerian government, which saw the distribution of over 9 million devices to farmers across the country in a public-private partnership project in 2011.
Following their appointments, the appointees were part of a board meeting and strategic session hosted by NASDAQ. The session, which considered a number of expansion projects and strategies, among others, had all board members in attendance.
Incorporated in 2001, Tingo International Holdings Inc. is currently serving 18 countries across Africa. In 2013, the company distributed more than 9 million Tingo-branded mobile devices to players in the Nigerian agriculture value chain. The project was done in partnership with the federal government of Nigeria where the government gave the company access to certain databases while giving the company the opportunity to ride on some government initiatives.
Tingo International Holdings Inc. is currently in the middle of acquiring a major stake in Yekani Manufacturing, a South African company. The company recently confirmed its interest and preparedness to commit the sum of R80 million (about $5.32 million) for an 80% stake in the South African firm.
Aside from Tingo’s activities in the agriculture sector, the company has other products and services which focus on telecommunications, financial inclusion, and cross-border payments, as well as healthcare gifting.
The former president is joining the company which currently has Peter Barker, a seasoned financial executive, as the group chairman. Barker’s professional career spans multiple business sectors having conceptualised, developed, coordinated, financed, and successfully managed domestic and international operations in both profit and non-profit companies.