Ex-President Dr. Goodluck Jonathan Appointed Chairperson Advisory Board Tingo International

Proshare - Facebook Proshare - Twitter Proshare - Linked In Proshare - WhatsApp

Thursday, February 20, 2019 / 02:46 / By Tingo International Holdings Inc./ Image Header Credit : Tingo International Holdings

Tingo International Holdings, Inc.,  has announced the appointment of the immediate past president of Nigeria, Dr. Goodluck Ebele Jonathan, as the chairperson of its advisory board.


Alhaji Mohammed Munir Ja'afaru OFR, mni, has also been appointed a member of the board alongside Reno Omokri, former spokesperson for Goodluck Jonathan.


"We are banking on the wealth of experience of both Dr. Jonathan and Alhaji Ja'afaru as well as Omokri," said Dozy Mmobuosi, Tingo co-founder/CEO.


"We are confident that the new members of the advisors' board will be of great value to Tingo on its quest to become a household name across the globe. Our partners are already excited to see Dr. Jonathan with the company."


On the choice of Dr. Jonathan as the chairperson of the board's advisors, Dozie pointed out that the company is relying on the former president's experience and network.

Tingo co-founder and CEO also pointed out that the former president was instrumental to the company's first deal with the Nigerian government, which saw the distribution of over 9 million devices to farmers across the country in a public-private partnership project in 2011.




Following their appointments, the appointees were part of a board meeting and strategic session hosted by NASDAQ. The session, which considered several expansion projects and strategies, among others, had all board members in attendance.


Incorporated in 2001, Tingo International Holdings Inc. is currently serving 18 countries across Africa. In 2013, the company distributed more than 9 million Tingo-branded mobile devices to players in the Nigerian agriculture value chain. The project was in partnership with the federal government of Nigeria, where the government gave the company access to certain databases while allowing the company to ride on some government initiatives.


Tingo International Holdings Inc. is currently in the middle of acquiring a major stake in Yekani Manufacturing, a South African company. The company recently confirmed its interest and preparedness to commit the sum of R80 million (about $5.32 million) for an 80% stake in the South African firm.


Aside from Tingo's activities in the agriculture sector, the company has other products and services which focus on telecommunications, financial inclusion, and cross-border payments, as well as healthcare gifting.

The former president is joining the company, which currently has Peter Barker, a seasoned financial executive, as the group chairman. Barker's professional career spans multiple business sectors, having conceptualized, developed, coordinated, financed, and successfully managed domestic and international operations in both profit and non-profit companies.


About Tingo International Holdings, Inc.

Tingo International Holdings Inc. is a Delaware, USA incorporated holding company that owns operating businesses in Africa, Europe, and the United States of America (Tingo Mobile Plc, Tingo Mobile USA, Tingo Mobile UK, and Tingo Remit Limited).


The company's Nigerian operations, Tingo Mobile Plc, became a public company with 550 shareholders in 2016.


The company's other products include:

  1. Nwassa, a holistic platform that connects every player in the agriculture value chain by allowing farmers to sell their farm produce in large quantities to buyers within and outside Africa.
  2. Tingo Remit, one of the global brands handling international remittance. The World Bank expected that remittance flows to low and middle-income countries would reach $550 billion in 2018.
  3. Tingo Health Care tapped into Tingo Remit to offer EU, UK, and USA residents the opportunity to pay for private healthcare subscriptions for their friends and family in Nigeria

Proshare Nigeria Pvt. Ltd.

Related News - People

  1. Forbes 2020 World's Richest Ranking - Only 4 Nigerians Make Exclusive Billionaires List
  2. A Valentine Letter to The Economist Group - Part II
  3. NCR Appoints Alsec Nominees Limited As Company Secretary
  4. Transcorp Group Announces Significant New Executive and Non-Executive Board Appointments
  5. PZ Cussons Nigeria Plc Notifies of Changes To Its Board
  6. Credit Suisse's Thiam Exits in Shock Reversal After Scandal
  7. Oyebode Ojeniyi and Olufemi Obaleke Resign From The Board of Wapic Insurance Plc
  8. Lafarge Africa Plc Notifies of The Resignation of Mr. Jean-Philippe Benard From Its Board
  9. Banjo Adegbohungbe Appointed Acting Managing Director, Coronation Merchant Bank
  10. Clayton Christensen: An Inspiration behind Nexford's Philosophies


Proshare Nigeria Pvt. Ltd.

Related News - Mobile Money and Telcos

  1. Are We Ready for a Cashless Society?
  2. Nigerian Telecoms Industry - Diving into Nigeria's New SIM Card Policy
  3. Gen Z and The Coming Telecom Wars: Understanding Nigeria's New Consumer Telco Market
  4. Are Online Lending Companies Better Than Banks?
  5. Broadband Penetration Set to Improve; Internet Subscriptions Stood At 125.7m In December 2019
  6. Broadband Penetration Set to Grow
  7. Africans Face Most Expensive Internet Charges In The World
  8. Uptick in GSM Internet Subscription By 15% YoY To Stand At 123.2m
  9. Active Voice Subscribers Grew By 2.96% QoQ in Q3 2019 - NBS
  10. Banking Sector Records 800.21m Volume Of Transaction In Q3 2019 - NBS
  11. Ecobankmobile *326# Serenades Stars, Guests at AFRIMA Awards
  12. Visa to Snap Up Stake in African Fintech Unicorn Interswitch
  13. Sectoral Collaboration; a Pathway to Growth of the Telecommunications Industry
  14. Internet Subscriptions Stood At 122.8m In September 2019
  15. Firstbank Rewards Top Performing Agents at its Maiden Firstmonie Agents Awards
  16. Mobile Banking, Mobile Wallets, Mobile Money….
  17. DMBs No Longer Require Prior Approval From CBN To Offer Mobile Money Wallet Services
  18. Review of Daily MM Wallet Transaction and BVN Requirement for Mobile Money Wallet Holders

 Proshare Nigeria Pvt. Ltd.

Related News