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MTN Foundation Clocks 10 Today, Spends N11Bn on 341 Projects

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With its pioneering status as the first Foundation to be established by a Nigerian telecommunication company, MTN Foundation, the Corporate Social Responsibility vehicle of leading ICT Company, MTN Nigeria, is celebrating a decade of touching lives through its hugely impactful social investments in education, health, and economic empowerment.

Founded on the 11th of May, 2005, the Foundation is funded by up to one percent profit after tax (PAT) from MTN Nigeria and has become the leading driver of social investments through the expenditure of over 11 billion naira in 341 project sites across the six geopolitical zones of the country.

Ambassador Hamzat Ahmadu, chairman, MTN Foundation noted that the successes which have been recorded in the last 10 years are based on the Foundation’s ability to leverage on the power of local and international partners who are able to bring relevant knowledge and experience to the table, to create and execute sustainable projects across the country.

“The giant strides made by the Foundation and the remarkable transformation of lives seen through the gains of our various initiatives in the area of health, education and economic empowerment are an eloquent testimony of how well we have been able to demonstrate our commitment to enriching lives and adding value to the lives of the citizenry,” Ambassador Ahmadu said.

On his own part, Mr. Wale Goodluck, corporate services executive of MTN and director of the Foundation, expressed delight at the giant strides made in the past decade adding that corporate social responsibility is at the core of MTN’s organizational philosophy.

“We are excited that our mission to improve the quality of life in communities all over the country has yielded great dividends as evidenced by the positive impact our initiatives have had in helping to reduce poverty as well as foster sustainable development in Nigeria,” Goodluck added.

He pledged that the Foundation will not relent in its efforts.

The Foundation, said Goodluck, will continue to seek creative ways to support and add value to lives in many more communities.

MTNF educational initiatives have seen it provide digital libraries and ICT laboratories to universities and secondary schools, respectively, across the country while empowering others with scholarships in music and science and technology.

Under its healthcare portfolio, it has provided mammography and dialysis machines to public hospitals across the country as well as its trailblazing eyesight restoration intervention where a lot of persons have benefited from free cataract surgeries, eye glasses and drug packs.

Under its economic empowerment portfolio, MTNF has carried out and supported a wide range of activities designed to enable job provision, skills acquisition among other various stakeholder groups such as the disabled, widows and visually impaired students.

In recognition of its positive contributions, MTNF has received numerous awards, including the 3rd CSR Nigeria Industry Award: Innovative Partnership Award for Outstanding Work in Corporate Social Responsibility and Creating “Shared Value”; Advertising Association of Nigeria (ADVAN) Awards: Best Corporate Social Responsibility Company and Sickle Cell Foundation of Nigeria: Special Appreciation Award in recognition of MTNF work and Support for Sickle Cell Foundation of Nigeria among many others.


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FG Plans EO to Criminalise Fiber Cable Damage Costing Telcos Billions

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Nigeria will criminalize the destruction of broadband fiber cables following repeated complaints by MTN Nigeria Communications Plc and other telecommunications companies that they are losing billions of naira, according to people familiar with the matter.

FG Plans EO to Criminalise Fiber Cable Damage Costing Telcos Billions

Federal ministry of works, which supervises federal road constructors, is finalizing the regulation that will be signed as an executive order by President Bola Tinubu, said the people, asking not to be identified as they weren’t authorized to comment.

While there are presently laws against vandalism, the authorities are aiming to regulate construction firms more closely.

The order will enforce stiff penalties on offenders, said the people, declining to provide more details or say when it will be signed.

“Telecom assets are critical backbone that supports the economy across sectors,” said Temitope Ajayi, a senior presidential aide, who noted that the Association of Telecommunications Companies (ATCON) has been demanding the classification for years.

New rules will provide “further assurance that the Nigerian government will protect their investments against vandals and criminal elements.”

The Nigerian Communications Commission (NCC) estimates that the sector will make up more than a fifth of the country’s gross domestic product by the end of 2027, up from 13.5% in the third quarter of last year.

The move will help alleviate pressure on the telecoms sector, which is facing increased operating costs and sales pressures from a sharp depreciation in the currency and a threefold increase in energy prices.

Repairs and revenue losses from damaged cables is estimated to have cost the sector almost 27 billion naira ($23 million) last year alone, documents seen by Bloomberg show.

MTN Nigeria, the biggest wireless operator in Africa’s most-populous nation, and Airtel Africa Plc bore the brunt of the costs, the documents show.

MTN suffered more than 6,000 cuts on its fiber cable last year, the documents show. On Feb. 28, a cut on its network in three different locations by a road construction firm, an oil serving company and someone burning rubbish in a manhole meant customers faced more than five hours of data and voice outages.

The operator relocated 2,500 kilometers (1,553 miles) of vulnerable fiber cables between 2022 and 2023, at a cost of more than 11 billion naira – enough to build 870 kilometers of new fiber lines to areas without coverage.

A presidential order on the matter would be welcomed, said Tony Izuagbe Emoekpere, president, Association of Telecommunications Companies of Nigeria.

“When it comes to communication infrastructure, they are destroyed at will, so we are eagerly awaiting the president’s order,” he said. “It would be a great boost to the industry, and it will also encourage investment.”

 

 


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Telegram Eyes 1Bn Users amidst Political Pressures

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Telegram, the messaging giant founded by Pavel Durov and headquartered in Dubai, anticipates hitting a remarkable milestone of one billion active monthly users within the next year.

Durov’s departure from Russia in 2014, prompted by governmental pressures to stifle opposition communities on his VK social media platform, underscores Telegram’s commitment to neutrality despite geopolitical challenges.

With 900 million active users currently, Telegram stands as a beacon of free speech in the digital realm, particularly influential in former Soviet Union republics and pivotal during conflicts like the Russia-Ukraine standoff.

Durov’s staunch advocacy for freedom of expression and opposition to censorship by tech giants like Apple and Google reinforces Telegram’s status as a neutral platform.

Opting for the UAE as its base, Durov cites its neutrality and openness as conducive to Telegram’s ethos, serving both opposition groups and governments alike while maintaining impartiality.

In Durov’s vision, the pursuit of freedom eclipses material gain, shaping Telegram’s trajectory as a bastion of digital liberation.

 

 


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NITDA, NIMC Announce Collaboration To Strengthen Digital Economy

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To further strengthen Nigeria’s digital economy in line with President Bola Ahmed Tinubu’s Renewed Hope Agenda, the National Information Technology Development Agency (NITDA) and National Identity Management Commission (NIMC) have announced a collaboration on National Public Key Infrastructure (PKI) and Digital Public Infrastructure (DPI) to enhance and create synergy between digital identity, payment ecosystem, and secure & seemless data exchange capabilities for Nigeria.

During the meeting between the Director-General of NITDA, Kashifu Inuwa Abdullahi, and Director General of NIMC, Engr. Bisoye Coker-Odusote, with some management staff of both organisations, they discussed various initiatives, which include building DPI stacks for a secured and seamless data exchange and forming partnerships to transform the national identity system.

This collaboration also aims to harness the potential of the innovative ecosystem and emphasise the use of Public Key Infrastructure (PKI) to drive digital transformation in Nigeria.

To ensure a smooth implementation, a 12-man committee was set up. This committee will play a crucial role in kickstarting and harmonising the initiatives. It is expected to deliver a comprehensive implementation report within the next 4 weeks


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