• Home
  • Nation
  • Politics
  • Business & Economy
    • Education
  • Health
  • Culture & Entertainment
    • Arts & Life
  • World
    • World Business
  • Perspectives
  • Sport
New Citizen
  • Home
  • Nation
  • Politics
  • Business & Economy
    • Education
  • Health
  • Culture & Entertainment
    • Arts & Life
  • World
    • World Business
  • Perspectives
  • Sport
No Result
View All Result
  • Home
  • Nation
  • Politics
  • Business & Economy
    • Education
  • Health
  • Culture & Entertainment
    • Arts & Life
  • World
    • World Business
  • Perspectives
  • Sport
No Result
View All Result
New Citizen
No Result
View All Result
Home Business & Economy

We’ve paid N3.5trn taxes, levies to Nigerian govt since inception – MTN

A CORRESPONDENT by A CORRESPONDENT
April 27, 2022
in Business & Economy
A A
0
Karl Olutokun Toriola, CEO, MTN Nigeria
Karl Olutokun Toriola, CEO, MTN Nigeria

Karl Olutokun Toriola, CEO, MTN Nigeria

0
SHARES
2
VIEWS
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

MTN Nigeria, on Wednesday, said that it had paid N3.5 trillion as levies and taxes to government since its inception.

The Chief Executive Officer, CEO, of MTN, Karl Toriola, who said this in his address at the ‘Brunch with Karl’ at Lagos Business School, also said that the organisation had committed over N3.4 trillion on capital investment.

Toriola said that MTN had enabled broad socio-economic development by creating values for shareholders, with over N2.5 trillion dividends paid since inception.

The CEO, who assured that shareholders would be smiling to the bank, said that more than 30 million Nigerians had benefited from N28 billion investments through MTN Foundation.

According to him, MTN is a community that connects to society and is truly committed to showcasing and developing the boundless talents of the people.

“MTN has been enabling broad socio-economic development by supporting financial infrastructure through over 174,500 ATMs and POS for electronic payments, while it has also created alternative payment channels to 9.4 million active customers.

“It has equally provided high-capacity internet for over 160 public and private universities, polytechnics and colleges,” he said.

According to Toriola, MTN has committed N28 billion, through Yello Jppe Initiative, to support broad base of stakeholders.

He expressed the organisation’s commitment to carrying out its corporate social responsibility, stressing that it had provided jobs in every local government across Lagos. (NAN)

Tags: investmentKarl ToriolaLagos Business SchoolleviesMTN FoundationMTN Nigeriataxestelecommunication
Previous Post

Let’s join hands to defeat insecurity, Buhari tells parties’ leaders

Next Post

No UTAS, No lectures, ASUU insists

Related Posts

Tinubu defends borrowing, says infrastructure investments will benefit future generations
President Bola Ahmed Tinubu
Business & Economy

Tinubu defends borrowing, says infrastructure investments will benefit future generations

October 29, 2026
JP Morgan’s growing presence signals investor confidence in Nigeria’s economy – NRS Chairman
The Executive Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, in a tete-a-tete with the Managing Director of JP Morgan Nigeria, Adedapo Olagunju, during a courtesy visit to the NRS headquarters in Abuja on Monday 
Business & Economy

JP Morgan’s growing presence signals investor confidence in Nigeria’s economy – NRS Chairman

October 27, 2026
Gargaɗi daga CBN: Riƙe kuɗin da aka tura wa mutum bisa kuskure zai iya jawo masa ɗaurin shekara biyar zuwa 10 -Hakama Sidi-Ali
Hajiya Hakama Sidi-Ali
Business & Economy

Gargaɗi daga CBN: Riƙe kuɗin da aka tura wa mutum bisa kuskure zai iya jawo masa ɗaurin shekara biyar zuwa 10 -Hakama Sidi-Ali

October 25, 2026
Tinubu urges judiciary to close loopholes exploited by criminals
Vice President Kashim Shettima
Business & Economy

Shettima urges states to end dependence on FG for electricity

October 22, 2026
NEC endorses 90-day plan to ease cost of living
Vice President Kashim Shettima chairs the virtual meeting of the National Economic Council (NEC) in Abuja on Thursday
Business & Economy

NEC endorses 90-day plan to ease cost of living

October 22, 2026
Housing Minister calls for affordable homes, resilient cities
Stakeholders at the combined commemoration of the 2026 urban october, celebrating World Habitat Day & World Cities Day at the auditorium of the Nigerian Society of Engineering, Abuja, today, October 19th, 2026
Business & Economy

Housing Minister calls for affordable homes, resilient cities

October 19, 2026
Next Post

No UTAS, No lectures, ASUU insists

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Aminu Ala: A Tribute To A Mystical Poetic Maestro
  • Court sacks David Mark-led ADC leadership, voids Atiku’s presidential primary
  • Tinubu departs Saudi Arabia for Abuja after completing Umrah
  • Photos: 8th Tozali Henna Ball and People’s Awards
  • Tinubu reaffirms commitment to Nigeria after praying inside Ka’abah

Recent Comments

No comments to show.

Recent Posts

  • Aminu Ala: A Tribute To A Mystical Poetic Maestro
  • Court sacks David Mark-led ADC leadership, voids Atiku’s presidential primary
  • Tinubu departs Saudi Arabia for Abuja after completing Umrah
  • Photos: 8th Tozali Henna Ball and People’s Awards
No Result
View All Result
  • Home
  • Nation
  • Politics
  • Business & Economy
    • Education
  • Health
  • Culture & Entertainment
    • Arts & Life
  • World
    • World Business
  • Perspectives
  • Sport

© 2024 New Citizen

error: Content is protected !!