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

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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.

 

 

NASDAQ

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


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