News
Ntel appoints Babatunde Omotoba as MD/CEO
BY: Justice Godfry
NatCom Development & Investment Ltd, operators of the Ntel 4G/VoLTE Network has announced the appointment of Mr. Babatunde Omotoba as its Managing Director /Chief Executive Officer with effect from Tuesday 7th of May 2019.
Until his appointment as the CEO, Babatunde had served for three years as a high performing non-Executive Director at ntel, serving on various committees of the Board.
Babatunde Omotoba will take over from Mr. Ernest Akinlola who recently resigned as the Managing Director / CEO.
Babatunde Omotoba is a seasoned Administrator with over 30 years of General Management, Telecoms, Transportation, Power, Aviation, Financing, Private Equity, Investment, Due Diligence, Auditing, Consulting, Construction and Structural Engineering experience.
As the Group Chief Operating Officer of Ancestral Holdings for four years, he managed various group companies in various sectors including: Telecoms, Financial Services, Construction and Transportation, Power, Real Estate; etc.
He has also executed various safety critical infrastructural projects in the aviation sector of the Nigerian economy including the Total Radar Coverage of Nigeria Airspace.
As an Investor, he structured and invested more than $200 million in over 12 projects with total transaction size in excess of $1.2 billion in the United States of America and in Nigeria.
As an Accountant, he managed due diligence reviews, and performed audits, fraud investigations, financial consulting, and diagnostic reviews; and carried out value-for-money review for the over $1 billion Nigerian Government Petroleum Trust Fund (PTF) consulting contracts.
He assisted in developing the planning and budgeting, financial reporting and assets and liabilities management programs for one of the largest banks in Nigeria.
As an Engineer, he worked as Resident Construction and Structural Engineer on several Nigerian government infrastructural projects in eight states of Nigeria and in Kubwa, Maitama and Asokoro Districts of the Federal Capital Territory.
Babatunde Omotoba has held diverse positions across various sectors: Manager in Arthur Andersen (now KPMG Professional Services), Nigeria Office; Vice President, Private Equity at Smith Whiley & Co. in the United States of America, and Head, Private Equity and Secretary to the Investment Committee of Africa Finance Corporation (“AFC”), in Nigeria before his appointment as Honourable Minister and member, Federal Executive Council, Federal Republic of Nigeria in December 2008.
He was a Member of the Governing Council of National Emergency Management Agency (“NEMA”) and National Council on Privatization (NCP). He served as a Senior Adviser to Africa Finance Corporation.
A well sought after speaker both at home and abroad, Babatunde Omotoba has a Bachelor of Engineering Degree (“B.Eng”) in Civil Engineering with “First Class Honours” from the University of Benin (Nigeria); and an MBA from the J.L. Kellogg Graduate School of Management, Northwestern University (USA), where he majored in Finance, Entrepreneurship, Management Strategy and Real Estate.
He is a Fellow of the Institute of Chartered Accountants of Nigeria (‘FCA’); Member of the Nigerian Society of Engineers (“MNSE”) and an Associate member of Chartered Institute of Taxation of Nigeria (‘ACIT’). A holder of Series 7 and Series 63 Professional Licenses, Babatunde Omotoba is winner of 16 academic and professional prizes/awards including: three ICAN Examination Prizes (1st Prize Overall in Professional Examination One (“PEI”); 3rd Overall and Best In Quantitative Analysis in Foundation Exams), and the prestigious Merit Award of the Institute of Chartered Accountants of Nigeria (‘ICAN’).
Babatunde Omotoba started his career in 1987 as Trainee Structural Engineer with Civ-Structs Associates, Kaduna (Nigeria), where he designed and supervised various projects including Central Bank Staff Housing in Birnin Kebbi Road in Sokoto, Airforce Aeromedical Center in Zaria, Drying Tower for NNPC in Warri, Delta State; and Union Bank Office Building in Kaduna.
He is currently the Chief Operating Officer (“COO”) of Ancestral Holdings, a conglomerate with over $2 billion in investments.
News
Widows, Wives and More than 2,000 Residents of Ikeja Police Barracks Benefit from YP4T’s Initiative
More than 2,000 individuals from the Ikeja Police Barracks community benefited from an impactful outreach program spearheaded by Young Professionals for Tinubu (YP4T), an advocacy and support group working in alignment with the Renewed Hope Agenda of President Bola Ahmed Tinubu.
The initiative provided critical medical services, care packages, food supplies, and financial assistance to widows, wives, and vulnerable residents, demonstrating the heart of nation-building through community-centered support.
The program, which united healthcare professionals, community organizers, and volunteers, complemented the government’s broader efforts to bring essential services closer to the people.
Residents of the Ikeja Police Barracks received free medical consultations, blood pressure and diabetes screenings, and wellness advice. Widows and families also left with care packages filled with food items, toiletries, and financial support to help alleviate the pressures of the holiday season.
Dr. Love V. Tinuoye, CEO of Medvita Consultancy and the lead doctor on-site, reflected on the impact:
“This initiative reflects a collective commitment to advancing healthcare in Nigeria. We were able to screen for and address critical health issues such as hypertension and diabetes while also providing preventive care like vaccinations and cancer screenings. This is what true community-focused care looks like.”
Beyond medical services, the outreach distributed care packages containing food staples, toiletries, and financial support, designed to alleviate the challenges faced by vulnerable members of the police barracks community.
The event highlights the ongoing efforts under the Renewed Hope Agenda to provide inclusive support for Nigerians across the country. Initiatives like this not only extend access to essential services but also strengthen the fabric of communities.
Mrs. Jumoke Elom, a businesswoman and beneficiary, shared her gratitude:
“I am deeply grateful for this program. The care my family received today—both medical and material—has given us hope and reminded us that we are not alone. It shows that there is real support for families like mine.”
The outreach program was also a platform for demonstrating the principles of nation-building through collaborative action. Alex Oware, Security Expert and Director of YP4T, explained the motivation behind the initiative: “The Renewed Hope Agenda is about about bringing real transformation to communities. This initiative embodies that vision by supporting over 2,000 people—not just through tangible resources, but by reaffirming their place in the collective growth of our nation. It lies at the soul of Renewed Hope: fostering resilience and creating opportunities for all Nigerians.”
The outreach program extended beyond healthcare, providing food and financial support to families within the police barracks. A touching moment involved a widow who, after receiving her care package, expressed her gratitude with tears of joy. Her story is just one of many that reflect the transformative power of collective action.
This initiative by YP4T—an advocacy and support group of Nigerian professionals from across the globe—represents a continued commitment to driving grassroots impact, inspired by President Tinubu’s vision. The success of the Ikeja outreach program demonstrates the power of collaboration between the public and private sectors to deliver meaningful change across Nigeria.
News
Matawalle Salutes Nigerian Military, Citizens at Christmas
… Calls for Love and Peaceful Coexistence
The Honourable Minister of State for Defence, H.E. Dr. Bello Mohammad Matawalle, has extended warm greetings to the Nigerian military and all citizens, both Christians and non-Christians, during this joyous Christmas season.
In his message, he emphasized the importance of embodying the spirit of love and peaceful coexistence, urging all Nigerians to reflect on these values not only during the festive period but throughout the year.
“This season serves as a poignant reminder of the enduring principles of peace, unity, love, and sacrifice that bind us as a nation,” he stated.
The Minister encouraged every Nigerian, regardless of their religious beliefs, to celebrate and honor President Bola Ahmed Tinubu, GCFR, as well as the brave men and women of the Armed Forces who tirelessly demonstrate their patriotism in safeguarding the safety and sovereignty of our beloved country.
Highlighting the significance of the yuletide season, he noted that it should reinforce our bonds of unity, foster a spirit of camaraderie, and inspire compassion towards one another. He called on all citizens to remain steadfast in their collective efforts to build a secure and prosperous Nigeria.
In conclusion, the Minister wished everyone a Merry Christmas and a Happy New Year.
Henshaw Ogubike, MNIPR, FCAI, FSCA, FCPE
Director of Information, Press and Public Relations
News
Tinubu to Revitalize Zamfara and Nigeria’s Economy – Matawalle
…Says no government has shown so much support to LGs, State Governments like President Bola Ahmed Tinubu….
The Minister of State for Defence, Dr. Bello Mohammad Matawalle, has expressed confidence that the administration of President Bola Ahmed Tinubu GCFR will significantly enhance the economies of Zamfara State and Nigeria as a whole.
Matawalle who is currently on a five-day visit to his home state, the Minister and former Governor of Zamfara commended President Tinubu for his unprecedented support for Local Government Councils and state governments. “No previous administration has demonstrated such a strong commitment to developing local councils and states as President Tinubu,” Matawalle remarked.
He highlighted the President’s role as a grassroots mobilizer, emphasizing his passion for local development. “President Tinubu has allocated substantial funds to states and local government councils, enabling them to undertake impactful development projects,” he added.
Matawalle urged party supporters to collaborate with their leaders to reclaim the lost mandate from the ruling Peoples Democratic Party (PDP) in Zamfara State. “It is essential for all APC members to remain law-abiding citizens,” he stated, reinforcing the party’s commitment to uphold the law.
Addressing a large gathering of supporters who welcomed him, Matawalle reassured them of the federal government’s ongoing efforts to combat banditry and terrorism in the region. “With the federal government’s initiatives to address security challenges, we will soon experience a renewed sense of safety and peace,” he emphasized.
He concluded his address by urging the community to continue supporting the government at all levels. “Together, we can restore peace and order in our country,” Matawalle affirmed.
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