NIGCOMSAT to be Remodeled to a World Class Business Enterprise
By Na'ankwat Dariem
The Managing Director, Nigeria Communications Satellite, NIGCOMSAT Ltd, Mr Tukur Lawal says the agency will be remodeled into a World Class business enterprise promising to address challenges hindering the company from attaining its objectives.
Mr. Lawal said the company’s business development plan will be reviewed to achieve the much-desired competitive edge and to meet customers needs globally .
He made the commitment at a two-day Retreat organised for the Board and Management of NIGCOMSAT Ltd in Abuja, Nigeria’s capital.
The theme of the retreat was “Redefining the NIGCOMSAT roadmap for exponential growth”.
He said the aim of the retreat was for the management and board members to work as a team to brainstorm and to chart a way forward in achieving the requisite excellence.
“As we all gather here today, it is my candid opinion that, enormous as the challenges are, they are not insurmountable, and it is the mentality to defeat these challenges that we need to turn around the fortunes of this company.
“Today also offers us another opportunity to reappraise our situation and find a lasting solution to the myriad of problems surrounding NIGCOMSAT LTD.”
Earlier, the Minister of Communications and Digital Economy, Prof. Isa Pantami had at a recent management retreat shared with the board and management of NIGCOMSAT his thoughts on the prospects of the company, following a thorough evaluation of its performance, operational capacity and potential for rapid growth.
It is for this reason, the Managing Director said that the retreat called for retrospection, adding, “we need a serious soul searching as these two choices stare us in the face: To either survive in this industry or to perish.
“The minister consequently tasked us to brace up for the challenges ahead. Indeed, his position was instructive in view of the numerous challenges before us and the last chance we have as an agency to exist.
In addition, he advisedthe board and management notto “rush into competitive marketing with other competitors in the industry, it is because of our relatively recent entry into the country’s digital space.”
Fundamental Issues
He reiterated that the Executive Management team under his watch is poised to “address the fundamental issues to be raised here. After a town hall meeting, we came face-to-face with the gloomy picture of the company in terms of revenue generation, where upon l sought staff cooperation to change the story for good.”
Also, the Chairman of the board of NIGCOMSAT, Mr. Yusuf Kazaure said the retreat would enable them review operations, strategies and objectives of NIGCOMSAT, and to chart a way forward.
‘‘The main essence is to allow the board and management of NIGCOMSAT to be able to take a strategic look at how they are operating and at the environment in which they are operating, coupled with the fact that we have new managing director.
‘‘For us in NIGCOMSAT, we need to work as a team, have everybody on the same page, speak to ourselves, review the goals objectively and then come up with a roadmap and be able to get everybody to commit to the common goal and ensure success of the company’’.
Speaking on the theme of the retreat, the Chief Consultant, Mr. Jack Chime, said the retreat being the first with the new MD is going to redefine the roadmap, look at their intentions, vision and overhaul what they used to have.
‘‘At the end, we expect new pillars, and strategic plans in terms of tangible deliverables, visibility, more customer based company, revenue generation and become a leader in satellite market.’’
