The Minister of Communications and Digital Economy, Dr. Isa Ibrahim Pantami expressed delight as the Mobile Telephone Network (MTN) budgeted 1.6 billion dollars to be invested in the Nigerian market within period of three years spanning between 2020 to 2023.
The Minister disclosed this in a statement signed by Mrs Phil Oshodin, Director Press and Public Relations, on Tuesday 28th January, 20202 in Abuja, when MTN paid a courtesy visit to the Minister at headquarters of the ministry.
Pantami pointed out that, Federal Government is committed to providing a conducive and enabling environment for all Mobile telecommunications operating in the country; so as to run their businesses in any part of the country devoid of any hindrances.
Also, the Minister added that President Muhammadu Buhari gave security agencies the go-ahead to provide security to critical telecommunications infrastructure in different locations of the country.
In his words “I am glad to hear that you have a budget of 1.6 billion you plan to invest in Nigeria in the next three years.
Please, try to get your priorities right. Look at the areas that are underserved and invest.
“I am happy that you also appreciated our modest efforts in addressing most of the challenges being faced by mobile Telecommunications firms in Nigeria.
I believe every County has its own peculiar challenge.
“We have achieved a lot in addressing most of the challenges: issues of vandalism, Right of Way (RoW) and several others,” he stressed.
Earlier, Mr Rob Shuter, the MTN Group Chief Executive Officer (CEO), who spoke on behalf of the team, disclosed that MTN has budgeted 1.6 billion dollars to invest in the Nigerian market for the next three years.
The CEO noted that Nigerian investors’ shares in MTN were growing rapidly and as such the company needed to invest more in the country.
