The Nigerian Communications Commission (NCC) has rolled out stricter corporate governance guidelines for telecom operators to boost transparency, risk management, and investor confidence. Dr. Aminu Maida, NCC’s Executive Vice-Chairman, emphasised that strong governance is now essential—not optional—in safeguarding Nigeria’s digital future amid cybersecurity and climate risks.
The new rules require balanced boards with ICT and cybersecurity experts, enhanced internal audits, and regular compliance reporting certified by board directors. While some operators may face initial challenges, NCC stresses the long-term benefits for service reliability and sector growth. Enforcement will be phased and strict, with sanctions for non-compliance after remediation.
Experts like Prof. Fabian Ajogwu (SAN) and Titus Osawe (FRCN) have praised the move as a vital update reflecting today’s tech realities and ESG priorities, further cementing telecoms as a key pillar of Nigeria’s economy.
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