Danjuma Now nTel’s Chairman

Danjuma

As a fallout of Skye Bank’s Chairman financial debacle, NatCom Development & Investment Limited “NatCom”, known as  NTel has appointed Theophilus Danjuma as its Chairman.

NTel is a 4G LTE data and voice provider with city specific focus. His appointment means that he is now the majority shareholder of the company.

Welcoming Danjuma to the board, Kamar Abass, ntel’s CEO, “we are delighted to have a man of General TY Danjuma’s standing join us. As our new chairman, and as a shareholder, we welcome his support as we add momentum to our growth and development in Nigeria’s telecoms industry. We expect to benefit enormously from General Danjuma’s sterling leadership credentials and, in this way, to build on the excellent work of our immediate past chairman, Dr. Tunde Ayeni, who positioned ntel to deliver the leading Broadband experiences already evidenced in Lagos and Abuja.”

Read more at: http://www.vanguardngr.com/2016/07/breaking-ty-danjuma-now-ntels-new-chairman/

Danjuma is a serial business man. Danjuma Nigeria America Line (NAL) Formed in 1979 by General TY Danjuma (Rtd), Nigeria American Line (NAL) began business and initially leased a ship called ‘Hannatu’ which traded between Lagos and Santos in Brazil when Nigeria’s bilateral trade agreement had opened the sea routes to economies in the South American markets. NAL went on to win patronage from Nigeria’s National Supply Company (NNSC) to bring in government goods from.

NAL’s list of growing clients included DICON Salt (Nigeria) and project cargoes for Iwopin Paper Mill, ANNAMCO and Volkswagen Nigeria. NAL became a member of AWAFC (American West African Freight Conference), Brazil-Nigeria Freight Conference and the Mediterranean Line (MEWAC).

With the formation of the National Maritime Authority (NMA) IN 1987/88, the profile of NAL increased as NMA encouraged indigenous operators to claim their share of internationally traded cargo involving Nigeria. NAL began with a core indigenous staff of about 12 in 1979. In 2009 staff in NAL-COMET is closer to 250 including approximately 12 expatriate staff members. From the Lagos office the NAL-COMET Group has opened branch offices in Port Harcourt which serves Onne, Warri and Calabar seaports.

He is also the chairman of South Atlantic Petroluem Limited.

 

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