…Over 663,300 Lives Impacted
Beyond its role in connecting millions, telecommunications giant MTN Nigeria has significantly bolstered national development through a substantial contribution of ₦764 billion in taxes and levies, alongside a further investment of ₦3.5 billion in impactful Corporate Social Responsibility (CSR) initiatives that have positively touched the lives of over 663,300 Nigerians.
This was disclosed in the company’s 2024 Sustainability Report made available to Business Remarks.
The Chief Executive Officer of MTN Nigeria, Dr Karl Toriola noted that sustainability is at the core of the telco’s strategy, and this 2024 Sustainability Report demonstrates how the telecom company is strengthening its business resilience, mitigating risks, and unlocking opportunities for long-term value creation.
Speaking on this, Toriola said “From expanding our network footprint to achieve 93% coverage to reducing our Scope 1 and 2 emissions by 11% compared to the 2021 baseline, we are making tangible progress.
Now in its sixth consecutive year, the Report underscores MTN Nigeria’s continued commitment to sustainability, transparency, and shared value creation through strategic ESG integration and responsible business practices.
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According to the report, MTN Nigeria has increased its female representation in its workforce to 41.4%, empowered local businesses by directing 59.6% of its spend to local suppliers in the year. MTN Nigeria contributed N764 billion in taxes and levies to support national development, and invested N3.5 billion in Corporate Social Investment initiatives, positively impacting over 663,300 lives.
“These efforts reflect our unwavering dedication to long-term value creation and building a more connected, sustainable future. We are proud to once again demonstrate our resolve to operate responsibly, innovate for inclusive progress, and lead the conversation around sustainability in the telecommunications space.” he said.
