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We Paid N3.5tn in Taxes, Levies In 21 Years, Says CEO MTN Nigeria, Toriola

The Chief Executive Officer of MTN Nigeria, Mr. Karl Toriola, on Wednesday, during the launch of its Media Innovation Programme (MIP) in partnership with Pan Atlantic University (PAU), Lagos, said the company has spent N3.4 trillion on capital investments and paid N3.5 trillion in taxes and levies to Nigeria’s federal government since it commenced operations in the country 21 years ago.

Toriola also revealed that it had paid N2.5 trillion to its stakeholders as dividends in the last 21 years ago.

Stanbic IBTC

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He said MTN would build the largest and most valuable platforms, which is part of its strategic priorities in its 2025 Ambition Plan.

“With our 2025 Ambition Plan, we will drive industry-leading connectivity operations, create shared value and accelerate portfolio transformation,” Toriola said.

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