In a decisive step toward reclaiming its position in Nigeria’s telecom space, NatCom Development and Investment Limited (trading as ntel) has restructured its board of directors as it prepares for a commercial relaunch in January 2026.
The move, which underscores ntel’s commitment to transparency, investor confidence, and operational excellence, aligns with the kind of governance-focused business transformation StakeBridge IRPR Consulting Limited advocates – where strategic communication and strong corporate stewardship work hand-in-hand to rebuild credibility and drive investor interest.
The new board comprises Adeleke Alex-Adedipe, Ayodeji Joshua Richards, Maryam Mutallab, Olaide Aremu, and Soji Maurice-Diya as Managing Director/CEO. They join under the continued chairmanship of Gen. T.Y. Danjuma, alongside legacy director and minority shareholder Tunde Ayeni.
With the relaunch on the horizon, ntel is betting on a fixed wireless home play as a potential re-entry strategy – one that may precede a roaming/MVNO rollout. The board reshuffle reflects a strategic recalibration aimed at stabilising cash flow, unlocking asset value, and positioning ntel as a resilient player in Nigeria’s competitive telecom market.
“We are energised by the opportunities ahead and look forward to working closely with management to unlock greater value from our infrastructure and shape a future-focused, sustainable business,” the board said in a joint statement. “Our goal is clear: to position ntel as a robust, investor-friendly enterprise that delivers on Nigeria’s digital aspirations.”
Under the guidance of its new leadership, ntel is “monetising its nationwide portfolio of telecommunications and real estate assets” to diversify revenue streams and strengthen liquidity. This approach mirrors StakeBridge IRPR’s advisory philosophy – emphasising strategic repositioning, investor relations, and transparent communication as levers for rebuilding market trust.
The new board members bring together a cross-disciplinary blend of governance, finance, and innovation expertise. Alex-Adedipe, Managing Partner at Duale, Ovia & Alex-Adedipe, is a seasoned telecom and M&A lawyer. Richards, a former Managing Director of GTBank Gambia, bolsters financial oversight. Mutallab, founder of Noble Hall Leadership Academy for Girls, contributes social entrepreneurship and stakeholder engagement perspectives, while Aremu, Group CFO of Ancestral Holdings, strengthens fiscal strategy and internal control.
Maurice-Diya described the transition as “an alignment of skill and strategy,” noting that strong governance and deliberate communication will be essential to restoring stakeholder trust.
As ntel embarks on this next phase, its renewed governance structure offers a template for corporate recovery—showing how credible leadership, investor-focused reforms, and disciplined communication can set the stage for long-term value creation in Nigeria’s evolving telecom landscape.
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