Vice President Kashim Shettima has received assurances of continued foreign direct investment from the MTN Group, following a high-level meeting with Ralph Mupita, the company’s president and CEO, in South Africa.
The meeting, which was held on the sidelines of the G20 Summit, focused on the strategic role of the telecommunications sector in driving Nigeria’s socio-economic growth.
Mupita seized the opportunity to thank the Vice President for the support the company continues to enjoy from the Federal Government of Nigeria.
A major highlight of the discussion was the pledge by the telecom giant to support education initiatives across the country. He described how the company is contributing “through sustained capex in networks and platforms, local skills programmes, and partnerships that support digital inclusion and economic participation.”
Mupita outlined a vision where MTN partners with the government to deliver educational support to the most vulnerable communities, aligning with the administration’s Renewed Hope agenda for human capital development.
On the economic front, the Group CEO noted that recent policy shifts have empowered the company to ramp up its investment in digital infrastructure.
He posited that a strong digital economy is essential for accelerating national growth and expanding the tax base.
Mupita also briefed the Vice President on the investment dialogue which the company supported on the preceding day. Summarising the achievement of the dialogue, he said:
“The engagements aligned reform signals and state opportunities with investor appetite. We agreed focal points and next steps to move several opportunities into diligence.”
