The team engineering Nigeria's energy independence
Decades of banking technology, ICT, and corporate finance leadership, now channelled into building Nigeria's most trusted solar-plus-storage company.
Muhammad M. Zakari
Chairman · Policy & Strategic Planning
Over 40 years in banking technology, IT systems, and finance. Between 2009 and 2025 he delivered Temenos T24 core-banking implementations for major banks across Africa, the Middle East, and Asia.
Alhaji Ali Ango
Managing Director / CEO
Over 35 years across Nigerian banking and corporate finance, including senior treasury roles at Dangote Sugar Refinery and Dangote Industries. Sets Nova Grid's strategic direction, capital planning, and governance standards.
Olusegun Olufemi
Executive Director · Finance & Administration
Over two decades of global experience in core banking systems, notably Temenos T24/Transact, leading digital transformations for central and commercial banks across Africa, Asia, and Europe.
Abdullah Musa
Executive Director · Lagos & Technology
Leads Nova Grid's Lagos operations and drives the company's technology strategy — the systems and tools behind how the company builds, ships, and scales.
Hamza Ibrahim Mohammed
Executive Director · Operations
An accomplished banking professional with roles at the Central Bank of Nigeria and the Bank of Industry, bringing rigorous operational discipline to Nova Grid's project execution.
Chairman
Muhammad M. Zakari
Muhammad M. Zakari is a seasoned banking technology professional with over 40 years of experience spanning corporate, commercial and retail banking, IT systems, finance and branch operations. His banking career started in 1981 and ended in 2006 — 25 years.
In 2007 he joined the core banking solution implementation and support space as a freelance consultant and was part of the team that delivered CBA and KCB in Kenya; he also worked on Ethiopia Commercial Bank as a consultant on the Finance module.
In 2009 he joined Sofgen Africa as a Senior Principal Consultant, and over the years between 2009 and 2025 he has acquired extensive international experience delivering Temenos T24 implementation projects across several countries in Africa, the Middle East, and Asia — including engagements with major banks in Nigeria, Kenya, Tanzania, Zimbabwe, Ghana, Zambia, Mozambique, Angola, Rwanda, Uganda, UAE, Oman, Qatar, and Brunei.
His expertise covers Business Solution Architecture, Financial Reporting, General Ledger, IFRS9, Retail Banking, Payments, Funds Transfer, Forex, Collateral, MIS, Money Markets, Limits, and legacy-to-T24/Finacle/Flexcube data conversion. He has served as Project Manager, Business Consultant, Solution Architect, Data Migration Lead, and System Audit consultant.
MM Zakari holds an HND in Banking & Finance, PRINCE2, multiple Temenos certifications, and AI Data Analytics and AI Automation Engineering certifications.
Managing Director / Chief Executive Officer
Alhaji Ali Ango
Profile Overview
Alhaji Ango is a seasoned corporate leader and financial strategist with over thirty-five years of distinguished service across the Nigerian banking and corporate finance sectors. He currently serves as the Managing Director and Chief Executive Officer of Nova Grid Ltd, where he provides strategic direction and operational oversight for the company's expanding portfolio in the energy sector.
His executive career is anchored in senior treasury and funds management roles at Dangote Sugar Refinery Plc and Dangote Industries Limited, where he managed multi-billion-naira liquidity portfolios, directed foreign exchange operations, and maintained strategic relationships with leading financial institutions. His broad governance experience, as a founding Board Chairman and Director across multiple companies, underscores his capacity for high-level decision-making and corporate stewardship.
Executive Leadership at Nova Grid Ltd
As Chief Executive Officer, Alhaji Ango is charged with:
Formulating and executing the company's strategic vision and long-term growth objectives.
Ensuring the financial sustainability of operations through rigorous capital planning, liquidity management, and investment oversight.
Cultivating and sustaining strategic partnerships with investors, financial institutions, and key government agencies.
Upholding the highest standards of corporate governance, regulatory compliance, and risk management.
Driving operational excellence across all project lifecycles, ensuring timely delivery and budgetary discipline.
Master of Business Administration (MBA) — Bayero University, Kano (1996)
Bachelor of Science (Honours) in Accountancy — Bayero University, Kano (1988)
He has further enhanced his professional standing through executive education at the Lagos Business School and the Chartered Institute of Bankers, among other institutions.
Governance & Ethical Commitment
Alhaji Ango is a firm advocate of transparent, accountable, and socially responsible enterprise. His recent postgraduate studies in Islamic Banking & Finance reflect a sustained commitment to financial practices grounded in equity, fairness, and stakeholder welfare — values that inform his leadership of Nova Grid Ltd.
Personal Details
He is married with children and maintains a strong commitment to mentoring professionals and contributing to Nigeria's socio-economic development through ethical business leadership.
Executive Director · Finance & Administration
Olusegun Olufemi
Olusegun Olufemi is an accomplished executive and banking technology leader who currently serves as the Managing Director/CEO of Shandrea Limited and an Executive Director at both Golden Age Multipurpose Cooperative Society and Absoluta Intel Limited.
With over two decades of global experience in core banking systems — notably Temenos T24/Transact — he has spearheaded major digital transformations, system migrations, and custom software deployments for central and commercial banks across Africa, Asia, and Europe, including the Central Bank of Nigeria, CRDB Bank Tanzania, and Ecobank Group.
Olusegun holds a B.Sc. in Computer Science from the University of Lagos and a Postgraduate Diploma in Management Studies from the University of Cumbria. Backed by extensive expertise in Retail Banking, Treasury, and Risk & Compliance, alongside recent credentials in AI leadership and business operations, he seamlessly combines deep technical capability with strategic corporate leadership to drive operational excellence.
Executive Director · Lagos & Technology
Abdullah Musa
Abdullah Musa leads Nova Grid's Lagos operations and shapes the company's technology strategy — from the internal systems that keep projects moving to the digital tools that get solar-plus-storage installations delivered faster and more reliably.
A builder at heart, Abdullah brings a hands-on, product-driven approach to Nova Grid's growth: rapidly designing, testing, and shipping the technology infrastructure the company needs to scale, including the systems behind Nova Grid's own digital presence. He is especially focused on applying modern software and AI tooling to solve real operational bottlenecks in Nigeria's energy sector — from customer onboarding to field service management.
Abdullah is driven by a simple conviction: that Nigeria's energy transition will be won not just with better hardware, but with better systems — and he is committed to making sure Nova Grid's technology keeps pace with its ambition.
Executive Director · Operations
Hamza Ibrahim Mohammed
Hamza Ibrahim Mohammed is an accomplished banking professional who served as an Assistant Bank Examiner at the Central Bank of Nigeria until his resignation in December 2024. He possesses a strong operational background, having held roles at the Bank of Industry, and within the Central Bank of Nigeria's Strategy Management and Banking Supervision departments.
Hamza holds a B.Sc. in Accounting & Finance, an M.Sc. in Marketing Management, and is currently pursuing an M.Sc. in International Relations. He is also a chartered banker (ACIB) with an Investment Foundation Certificate from the CFA Institute, and has completed extensive specialized training in risk-based supervision and financial regulation.
Board Inauguration · Acceptance Speech
Leading with Light, Powering Nigeria's Energy Future
Alhaji Ali Ango · Managing Director/CEO · Abuja, Nigeria · 18 June 2026
Chairman and distinguished board members: Good morning, everyone.
Standing here today, I am deeply honoured and profoundly aware of the weight of responsibility placed upon my shoulders. I extend my heartfelt gratitude to the board for their trust and confidence in appointing me as the Chief Executive Officer of this mission-driven renewable energy company. I also extend a warm welcome to our incoming Executive Directors, who will be vital partners in this journey.
We did not establish this company to chase a trend. We established it to answer one of the most urgent calls of our time: to provide sustainable, affordable, and reliable electricity for Nigeria. Today, tens of millions of Nigerians and countless businesses still suffer from an unstable national grid and exorbitant diesel costs. This is not merely an economic inconvenience — it is a fundamental barrier to development.
Our answer is clear: Solar Power.
Colleagues, we stand at a historic inflection point. Our solar solution shall deliver electricity at a Levelized Cost of Energy (LCOE) as low as ₦160/kWh. Compare that to the national grid's Band A tariff of ₦220–₦250/kWh, or diesel generators at a staggering ₦400–₦450/kWh. These aren't just competitive numbers — they represent life-saving reliability for hospital operating theatres, uninterrupted research for university laboratories, and peaceful, productive evenings for families.
Our mission is laser-focused: organised estates, hospitals, tertiary institutions, and private residences — providing them with uninterrupted, silent, and zero-emission alternative power through solar-plus-storage systems.
The Next Six Months: From Blueprint to Action
Over the next six months, we will anchor our efforts on four strategic pillars:
First, launch our flagship pilot project. We will sign our first Energy-as-a-Service (EaaS) or Power Purchase Agreement (PPA) with a private hospital or a large residential estate. This is not just a project — it is our proof of concept. It will provide real-world data demonstrating how we cut our clients' electricity expenses by 30–50%, creating a compelling case study for the entire market.
Second, solidify our regulatory and compliance foundation. We will complete our registration and accreditation with NERC (Nigerian Electricity Regulatory Commission) and the REA (Rural Electrification Agency). Compliance is not a hurdle; it is our competitive moat for long-term sustainability.
Third, secure flexible and diverse financing channels. We will engage with local commercial banks and Development Finance Institutions (DFIs) to secure local-currency debt financing, effectively hedging against foreign exchange volatility. At the same time, we will officially roll out flexible payment models like PAYG (Pay-As-You-Go) and Lease-to-Own plans, making clean energy accessible to a broader segment of households and businesses.
Fourth, build a mission-driven team. Our people are our greatest asset. In the next six months, we will attract top-tier talent in engineering, project finance, and customer service. We will cultivate a corporate culture rooted in results-orientation and customer-centricity, where every employee is empowered to contribute to our shared vision.
Beyond Six Months: Our Long-Term Vision
Looking further ahead, our ambition extends beyond financial success. We aim to become the benchmark for Nigeria's energy transition.
In three years, I envision our projects spanning Lagos, Abuja, Kano, Kaduna, Port Harcourt, and other major urban centers. In five years, I want our name to be synonymous with reliable, clean energy.
Most importantly, we will prove a fundamental truth: Africa's energy transition must be led by Africans on African terms. We are not reducing carbon for the sake of global metrics — we are generating power for industrialization, economic growth, and the dignity of every Nigerian family.
Finally, I want to thank the board once again for this extraordinary privilege and trust. To every early team member who has believed in this vision — it is your conviction that has brought this company from an idea to reality.
Dear colleagues, the road ahead will not be smooth. We are fully aware of the challenges: foreign exchange volatility, shifting policies, and funding constraints. But it is precisely because of these challenges that we must embody courage, resilience, and unity.
Let us lead with light. Let us navigate with purpose. Together, we will power Nigeria's energy future!
Thank you very much.
— Ali Ango
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