NCC to introduce revised governance code requiring sustainability reporting for telecom operators

Oct. 11, 2024 - Nairametrics

The Nigerian Communications Commission (NCC) is preparing to issue a revised corporate governance code, updating the last code from 2016 with a key focus on the introduction of mandatory sustainability reporting for telecom operators. He emphasized the importance of sustainability in corporate governance, highlighting that such practices are no longer optional but essential for the long-term success of telecom companies.

Analyzing corporate governanceDr. Maida presented findings from a comprehensive NCC analysis evaluating corporate governance among telecom operators.

Data privacy and security: With telecom operators handling vast amounts of sensitive data, robust data protection measures are imperative. To conclude he said, “Corporate governance is not just a regulatory organization, it is the foundation for the success and sustainability of our industry”.

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