Encomium
MTN Nigeria has solidified its position as a leading corporate social investor, committing and dedicating over ₦32.23 Billion to national priorities through its Foundation. This massive investment is strategically deployed across key sectors, primarily youth empowerment, digital inclusion, and national development, reflecting the company’s core strategy of creating shared value.
The investment funds critical initiatives like the MTN Skills Academy and the provision of STEM scholarships. The impact is personal and profound. Sofiya Mustapha, a visually impaired student, shared that the MTN scholarship enabled her to learn “English… data programming, and attended programming courses”. Akas Ngozi, another beneficiary, expressed gratitude for the Foundation, “believing in our potential and providing a platform to pursue our dreams.”.
The Foundation’s efforts are actively integrated with federal programmes. MTN continues to support the Federal Ministry of Communications, Innovation & Digital Economy’s 3 Million Technical Talent (3MTT) Programme initiative, directly aligning with the company’s vision of driving inclusive growth.
In addition to its Foundation work, MTN is contributing significantly to infrastructure. The rehabilitation of the Enugu-Onitsha Expressway under the RITC scheme is 50% complete, demonstrating a comprehensive commitment to supporting the nation’s growth priorities. The company’s ability to sustain this large-scale social investment is underpinned by its profitability, evidenced by the N750.2 billion PAT, and its overall fiscal responsibility, having paid over ₦6.9 Trillion in taxes.
