MTN budgets $1.6bn 3 years investment in Nigeria

MTN Group President/CEO, Mr Rob Shuter said the telecom giant has budgeted $1.6 billion investment in Nigeria market for the next three years.

The CEO who spoke on behalf of MTN Board led by MTN Group Chairman, Mabisi Jonas who paid a courtesy visit on the  Minister of Communications and Digital Economy Dr Isa Ibrahim Ali (Pantami) Tuesday, added that Nigeria investors’ shares in MTN are growing rapidly.

In the team were  MTN Nigeria chairman, Dr Ernest Ndukwe, MTN Nigeria CEO, Ferdinand Moolman. 

Others were Chief Corporate Services Officer, MTN Nigeria, Public Affairs, MTN Nigeria, Anas Galadima.

In his response, Minister of Communications and Digital Economy Dr Isa Ibrahim Ali (Pantami) urged all telecommunications companies operating in Nigeria to improve quality of services for  customers satisfaction.

The minister pointed out that federal government is committed to providing an enabling environment for all mobile telecommunications operating in the country without hindrance in any part of the country.

Dr Pantami expressed gratitude to the Board and stated that MTN has the largest market in Nigeria and globally. 

He however expressed concerned at the untapped market and enjoined the telecommunications companies to exploit the market opportunity in the country legitimately.

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