Business
G20: MTN FG on Telecoms Policy Changes
noted that the adjustment has provided the necessary liquidity
The MTN Group President and Chief Executive Officer of MTN, Ralph Mupita, has commended the Federal Government for the recent review of telecommunications price, stating that the move was critical for the sector’s survival and efficiency.
Speaking during a courtesy meeting with Vice President Kashim Shettima on the sidelines of the G20 Summit in South Africa, Mupita expressed gratitude for the government’s support.
He noted that the adjustment has provided the necessary liquidity for the telco to significantly increase investment in telecoms infrastructure across the country.
According to the MTN Group CEO, the direct result of these investments will be a noticeable improvement in the quality of experience for millions of Nigerian subscribers. MTN is committed to long term investment in Nigeria “through sustained capex in networks and platforms, local skills programmes, and partnerships that support digital inclusion and economic participation.”
Beyond the policy discussions, Mupita briefed the Vice President on the Nigeria-South Africa Presidential Trade and Investment Breakfast Dialogue Investment Roundtable supported by the telecom giant the previous day, reiterating MTN’s commitment to navigating the current economic landscape while supporting the government’s digital agenda.
Ambassador Yusuf Maitama Tuggar, the Minister of Foreign Affairs, and Ms Aisha Rimi, Executive Secretary of the Nigerian Investment Promotion Commission (NIPC), were also in attendance.
