Pan African Towers (PAT), a leading Nigerian telecommunications infrastructure provider, has announced Oladipo Badru as its acting Chief Executive Officer. Badru, who was the company’s Chief Financial Officer, stepped into the role in November 2024 following the resignation of Azeez Amida.
Amida, who served as managing director and CEO for two and a half years, left to pursue other opportunities. Adefolarin Ogunsanya, chairman of PAT, praised Amida’s tenure, saying, “We wish him well in his future endeavors. Badru will work closely with the executive management team to ensure continuity, and we are confident in his leadership and commitment to our mission.”
With this leadership change, PAT is focused on strengthening its competitive position in Nigeria’s telecom tower market. Major players like IHS Towers, American Tower Corporation, and Helios Towers currently dominate the industry. However, PAT is carving out its space, with 764 active towers across the country serving over 1,200 tenants. Clients include notable operators like 9mobile, Spectranet, ntel, Bitflux, and Smile Communications.
The company recently secured funding from Development Partners International (DPI) and Verod Capital to fuel its growth plans. Although the funding amount was not disclosed, the investment aims to address Nigeria’s infrastructure deficit and expand PAT’s operations. PAT plans to triple its tower count in the coming years while exploring acquisitions and partnerships.
These growth plans align with Nigeria’s rising demand for reliable telecom infrastructure. PAT’s commitment to bridging this gap positions it as a critical player in the market’s future.
As the new acting CEO, Badru is tasked with driving PAT’s next phase of growth while maintaining its service quality. His background as CFO provides a strong foundation for navigating the challenges ahead.
With fresh leadership and financial backing, PAT is set to redefine its role in Nigeria’s telecom sector.
