From Our Correspondent
The Nigerian Communications Commission (NCC) has stressed the important role of corporate governance in growing Nigeria’s telecommunications sector.
TheNewsZenith reports that Dr Aminu Maida, CEO of the NCC, made this remark at the 2024 Annual Corporate Governance Conference held recently in Lagos.
He articulated the industry’s remarkable expansion, not only in transforming the sector but also positively impacting the broader Nigerian economy.
TheNewsZenith reports that the title of Maida’s presentation is “Corporate Survival and Sustainability: The New Face of Governance in the Nigerian Telecoms Sector”.
Maida attributed this success to the NCC’s unwavering commitment to upholding stringent corporate governance standards.
He reflected on the telecom industry’s evolution and its substantial contribution to the nation’s Gross Domestic Product (GDP).
He noted that effective governance in the sector transcends mere compliance. According to him, it has become essential for survival, sustainability and ongoing growth.
”To thrive, we need governance frameworks that ensure compliance and promote innovation, trust and long-term value.
“At the Nigerian Communications Commission, we see good corporate governance as more than a checklist. It must be a culture ingrained at every level of an organisation.
”In today’s world, corporate governance isn’t just a regulatory requirement. It is the foundation of the telecom industry’s success and sustainability.
“As leaders, it’s our responsibility to ensure our governance frameworks are robust, adaptable and in tune with the changing global landscape,” Maida said.
TheNewsZenith reports that the conference served as a platform for industry leaders to discuss the importance of governance in fostering a resilient telecommunications landscape in Nigeria.
Do you have a flair for Citizenship Journalism? Share stories of happenings in your area with TheNewsZenith on WhatsApp: 08033668669 or thenewszenithonline@gmail.com. Follow us on www.tiktok.com/@thenewszenithonline. Also, visit, subscribe and like our videos on YouTube @thenewszenithOnline
