Connect with us
X
Categories:

Technology

MTN set to spend $1.6 billion in Nigeria

All Naija Entertainment

Published

on

MTN Office

The Minister of Communications and Digital Economy, Dr Isa Pantami, has expressed delight as the Mobile Telephone Network (MTN) budgeted 1.6 billion dollars to invest in the Nigerian market within the next three years.

Hello!! Have you heard about the deadly virus called Coronavirus? No? See What It Is & How To Prevent It Here. Also Stay Connected & Get Latest Updates On Coronavirus Here. Please be safe! We LOVE You.


Pantami disclosed this in a statement signed by Mrs Phil Oshodin, Director Press and Public Relations, on Tuesday in Abuja, when MTN paid him a courtesy visit in the ministry ‘s headquarters.

He pointed out that Federal Government was committed to provide conducive and enabling environment for all Mobile telecommunications operating in the country to run their businesses without any hindrances in any part of the country.

He assured that the government was working on ensuring that telecommunications infrastructure were protected in the country.

The Minister said that President Muhammadu Buhari gave security agencies the go ahead to provide security to critical telecommunications infrastructure in different locations of the country.

“I am glad to hear that you have a budget of 1.6 billion you plan to invest in Nigeria in the next three years.

“Please, try to get your priorities right. Look at the areas that are underserved and invest.

“I am happy that you also appreciated our modest efforts in addressing most of the challenges being faced by mobile Telecommunications firms in Nigeria. I believe every County has its own peculiar challenge.

“We have achieved a lot in addressing most of the challenges: issues of vandalism, Right of Way (RoW) and several others,” he stressed.

“We are working on strengthening the policy to ensure that telecommunications infrastructure are well protected in the Country,” he said.

He noted that MTN had the largest market in Nigeria.

He equally expressed concern at the untapped market and enjoined the telecommunications companies to exploit the market opportunities in the country legitimately.

He urged all telecommunications companies operating in Nigeria to improve the quality of services in order to satisfy their customers.

Earlier, Mr Rob Shuter, the MTN Group CEO, who spoke on behalf of the team, disclosed that MTN has budgeted 1.6 billion dollars to invest in Nigeria market for the next three years.

Shuter noted that Nigerian investors’ shares in MTN were growing rapidly and as such the company needed to invest more in the country.

Also on the team were the MTN Group Chairman, Mr Mabisi Jonas, who led the delegation, MTN Nigeria Chairman, Dr Ernest Ndukwe, Nigeria CEO, Ferdinand Moolman and Mr Anas Galadima, among others.


Get More Stories Like This On: Facebook: @AllNaijaEntertainment, Twitter: @AllNaijaEntertainment
Reach us on WhatsApp via: +2348104471989

Don’t Miss!

Join "ANE sabi" clique

Don't miss a thing, get ogbonge ANE latest updates to fuel your conversation daily.





Latest Exchange Rate

Donate To ANE!


Mind buying a coffee to support us here at All Naija Entertainment?. Yes?

Donate Now
PDP Logo
News3 hours ago

Ondo Election: PDP cautions INEC on use of Z-pad for Ondo guber poll

Ganduje
Education3 hours ago

School Resumption: Kano govt reveals why it is yet to reopen schools

Godwin Obaseki
News3 hours ago

EDO: Gov Obaseki denies hand in alleged arrest of APC members

MI Abaga
Entertainment14 hours ago

Why I didn’t sue my brother, Jesse Jagz, others for breaching their contracts — M.I. Abaga

Zlatan Ibrahimovic
Sports14 hours ago

‘Covid had the courage to challenge me!’ – Ibrahimovic test positive

Bayern Munich
Sports14 hours ago

Bayern beat Sevilla after extra-time to win UEFA Super Cup for second time

TikTok
Technology14 hours ago

Tik Tok owners urge US judge to block Trump’s download ban order

Technology14 hours ago

UK launches COVID-19 notification app

Dangote
Business14 hours ago

Dangote Cement’s dividend payment tops N1tn in seven years

Buhari
News14 hours ago

Independence Day: Group calls for mass protest, wants Buhari to resign, make more demands

Bayo Adelabu
News14 hours ago

OYO: No party can stop APC in 2023 – Adelabu

NLC
News14 hours ago

FUEL HIKE: Court stops NLC, TUC planned protest

Lai Mohammed
News21 hours ago

Nigeria’s 60th Anniversary Worth Celebrating For 365 Days – Minister Fires Back At Critics

Google Logo
Technology2 days ago

Google launches new product, Tables

Buhari
News2 days ago

President Buhari reportedly signs Petroleum Industry Bill

Buhari Next Level
News2 days ago

FG approves $1.9bn Nigeria-Niger Republic rail project

Nigerian Presidential jet
News2 days ago

Nigerian Govt To Sell Presidential Jet

Godwin Obaseki
News2 days ago

Edo Election: God used Wike for my re-election – Obaseki

Nigeria Labour Congress NLC
News2 days ago

Strike: Governors meet on impending NLC strike Thursday

News2 days ago

INEC ready for Ondo election – Yakubu

ANE Billboard Hots!



Join "ANE sabi" clique

Don't miss a thing, get ogbonge ANE latest updates to fuel your conversation daily.





Copyright © All Naija Entertainment.

css.php