(3 minutes read)
- The Chief Executive Officer (CEO) of MTN, Mr Karl Toriola, said that his organization had committed over N3.4 trillion on capital investment in Nigeria. He was addressing the students and faculty at Lagos Business School recently
The Chief Executive Officer (CEO) of MTN, Mr Karl Toriola, said that his organization had committed over N3.4 trillion on capital investment in Nigeria. He was addressing the students and faculty at Lagos Business School recently.
Toriola said that MTN had enabled creation of values for shareholders, with over N2.5 trillion dividends paid since its inception. More than 30 million Nigerians had benefited from N28 billion investments through MTN Foundation. MTN supported financial infrastructure through over 174,500 ATMs and POS for electronic payments. It has also created alternative payment channels to 9.4 million active customers. The company has also provided high-capacity internet for over 160 public and private universities, polytechnics and colleges.
Also read:
https://trendsnafrica.com/nigeria-mandates-linking-of-sim-with-national-identity-number/
https://trendsnafrica.com/nigeria-investment-policy-to-be-launched-soon/
According to Toriola, MTN has committed N28 billion, through Yello Jppe Initiative, to support a broad base of stakeholders, while assuring that his organization would carry out its corporate social responsibility. He stressed that his company would provide jobs in every local government across Lagos to encourage inclusive growth of the region.
