NCC Introduces Stricter Governance Rules for Telecom Operators
By Patience Ikpeme
The Nigerian Communications Commission (NCC) has unveiled a stricter corporate governance framework for telecommunication operators, a move designed to boost transparency, internal controls, and risk management across the industry.
The new 2025 Guidelines on Corporate Governance were formally introduced on Wednesday in Lagos by Dr. Aminu Maida, the Executive Vice-Chairman of the Commission.
Dr. Maida stated that the new framework is a necessary step to ensure the long-term sustainability of telecom businesses and networks, while also building confidence among investors.
He explained that corporate governance is no longer a minor consideration but has become a strategic requirement for a sector that is central to Nigeria’s digital future and faces threats such as cybersecurity risks, climate change impacts, energy disruptions, and increasing consumer demands.
Under the new regulations, telecom companies are now required to create more balanced board structures with a mix of executive, non-executive, and independent directors. These board members are expected to have a proven background in Information and Communication Technology (ICT) and cybersecurity.
The new rules also formalize the role of regulatory officers within licensed companies, who will serve as key contacts for monitoring compliance with the NCC.
A central feature of the new framework is its focus on internal audits and risk control. Operators are expected to conduct structured risk assessments and give internal audit teams the authority to provide proper oversight. The guidelines require companies to submit mid-year and annual compliance reports that must be certified by their board of directors.
Dr. Maida said the goal is simply to ensure that telecom boards and management are properly structured to deliver reliable services, protect infrastructure, and respond effectively to the dynamic challenges of the industry.
The NCC’s own internal analysis supports the new framework. Dr. Maida said a comprehensive review found a clear connection between strong governance and superior performance in the telecoms sector. He noted that companies with robust governance consistently performed better than others in service delivery, financial management, and regulatory compliance.
While the new rules may cause some initial disruption, the NCC believes the long-term benefits will be greater than any temporary challenges. The commission is committed to providing support and technical assistance to operators, but Dr. Maida made it clear that accountability will be strictly enforced.
“Operators must view this not as a regulatory burden but as a blueprint for long-term value creation. Where there is non-compliance, the commission will not hesitate to apply sanctions after remediation windows close,” he warned.
