Business
NCC Tasks Operators On Corporate Goverance Code
The Nigerian Communications Commission (NCC) has directed all operators to comply with the industry’s Code of Corporate Governance.
The Executive Vice-Chairman, NCC, Prof. Umar Danbatta, disclosed this at a sensitisation workshop for operators on Code of Corporate Governance in Lagos last Tuesday.
Danbatta, who spoke on: “’Sustaining the Telecommunications industry as Leverage for the Next Generation Economy”, said that all operators ought to have complied since 2016.
“We (NCC) have had a passive period of mandatory compliance and we have tried to bring it to the industry’s notice. This sensitisation workshop is to let the operators understand that ignorance is no longer an excuse.
“The entrenchment of good corporate governance standards and practices has continued to gain global recognition and its acceptance is the bedrock for corporate success and business sustainability.
“The adoption of the concept and principles are intended to present a win-win model of inter-relations predicted on openness, accountability, transparency and integrity,” he said.
He said that the industry’s Code of Corporate Governance was developed to raise the standard of leadership and management in the sector.
Danbatta said that when all operators comply, it would aid the growth of the nation’s economy beyond the current contribution of 9.8 per cent to the Gross Domestic Product (GDP).
Danbatta urged the operators to ensure international best practices so as to remain relevant in the contemporary world economy.
He said that since technological trends had disrupted traditional economic order, the sector must leverage on its strength to provide the backbone needed to ride storm.
“In the last 16 years of the telecommunications revolution, many operators have fallen by the way side, largely owing to internal management issues rather than from technical challenges.
“As we migrate more toward knowledge and higher level economy, infrastructure dependency on internet and Information and Communication Technology (ICT) support services, it will no longer be desirable for such collapse to occur.
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
