MTN creates 2 million jobs in Nigeria, Ndukwe says

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The Chairman of MTN Nigeria, Dr Ernest Ndukwe has said that the mobile network’s impact in Nigeria’s economy is increasing as it has created over 2 million direct and indirect jobs.

This is just as he said that the telecommunications sector now contributes over 16 per cent to the country’s Gross Domestic Product (GDP).

Dr Ndukwe disclosed this on Tuesday while speaking at a two-day 2023 Premier Capital Markets Day Event organised by MTN in Abuja.

While noting that the company had evolved from telecom to technology business, in pursuant to MTN’s vision 2025 strategy, Ndukwe stated that it assures on building connectivity business while expanding its focus on platform businesses.

Furthermore, he said that as the digital ecosystem continues to grow, MTN’s impact on the nation’s economy would continue to increase.

“MTN remains the largest network operator in Nigeria. We recognise the enormous responsibility bestowed on us to continue to deliver world-class ICT services to the people that patronise our services.

“We also seize strong opportunities for growth in both our voice and data businesses as we work to increase our market permutations on geographical coverage.

“Our customers and their desires are the heart of everything we do and plan for the future of the business.

“We are proud to say that the MTN ecosystem has directly or indirectly created employment for more than two million people while supporting the livelihood of people across the country.

“We are fully committed to working with our partners and the Nigerian Government to ensure that Nigeria’s digital economy has its full potential on customers and stakeholders,” he said.

The Chief Executive Officer (CEO) of MTN Nigeria, Mr Karl Toriola expressed optimism that the economic challenges of the country were gradually coming to an end.

Mr Timi Popoola, CEO of Nigeria Exchange Limited said the company would carry out aside partnership a framework for these companies to track the footprints and have them meet their targets.

Popoola said that a sort code of *5474# was launched in order to get a bouquet of options, which include: the opening price, and closing price of any security listed on the exchange.

“We can get a book rage of opening an account on the capital market and a whole host of them. We hope that this is the first step of using a tool like this to invest in a capital market,” he added.

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