Skip to content
September 9, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Breaking News
  • MTN to invest $1.6bn to upgrade network, thanks Buhari
  • Breaking News
  • Business & Economy

MTN to invest $1.6bn to upgrade network, thanks Buhari

Admin January 29, 2020

The MTN Group has said it is making further investment in the Nigerian market and would commit 1.6 billion dollars from its operations in the country to strengthen its network and systems. The telecom giant disclosed this when its top management paid a visit to President Muhammadu Buhari in Aso Rock. Chairman of the Group, Mr Mcebisi Jonas while leading the group to Aso Rock on a visit to President Buhari said he was visiting along with top executives of the telecoms company to show appreciation to President Buhari, “because most of the issues we raised during your visit to South Africa have been addressed, and there is progress on the remaining ones.” “We are fully aligned with the strategic agenda of the government, and are committed to strengthening the digital economy of the country,” he said. The Nigerian Government seized the occasion to reiterate its commitment to providing an enabling environment for businesses to succeed, as partnerships between the public and private sectors remain the most viable means of bringing prosperity to the masses. Mr Femi Adesina, the Special Adviser to the President on Media and Publicity, in a statement, said President Muhammadu Buhari gave the assurance on Tuesday when he received the Chairman, MTN Group, Mr Mcebisi Jonas, at State House, Abuja. The President said: “I am pleased to hear of the progress you are making in Nigeria, especially in supporting our digital inclusion programme ”Your proposed projects, such as the rural telephony project, will surely complement our economic diversification and financial inclusion programmes by connecting the producers based in rural areas to consumers located in our major towns and cities.” He said government was looking at ways to increase the level of security across critical national infrastructure, noting that it would guarantee seamless service delivery and also facilitate investments across the country. According to him, Nigeria is Africa’s largest telecommunications market, and MTN’s largest market. “Our hope is for operators like MTN to continue to focus on delivering quality service at reasonable prices. If we put our minds together, such win-win positions are achievable,” he added. The MTN Group Chairman said he was visiting along with top executives of the telecoms company to show appreciation to President Buhari, “because most of the issues we raised during your visit to South Africa have been addressed, and there is progress on the remaining ones.” According to him, the Group has utmost commitment to investing in Nigeria, and would commit 1.6 billion dollars from its operations in the country to strengthen its network and systems. “We are fully aligned with the strategic agenda of the government, and are committed to strengthening the digital economy of the country,” he said. President Muhammadu Buhari (M) in a handshake with the MTN Group Chairman, MH Jonas as the Minister of Communications, Dr Ali Isa Pantami (right) looks on during an audience with the Minister of communications and Digital Economy and officials of MTN held at the State House Abuja.


President Muhammadu Buhari (M) in a handshake with the MTN Group Chairman, MH Jonas as the Minister of Communications, Dr Ali Isa Pantami (right) looks on during an audience with the Minister of communications and Digital Economy and officials of MTN held at the State House Abuja.

The MTN Group has said it is making further investment in the Nigerian market and would commit 1.6 billion dollars from its operations in the country to strengthen its network and systems. The telecom giant disclosed this when its top management paid a visit to President Muhammadu Buhari in Aso Rock.

Chairman  of the Group, Mr Mcebisi Jonas while leading the group to Aso Rock on a visit to President Buhari said he was visiting along with top executives of the telecoms company to show appreciation to President Buhari, “because most of the issues we raised during your visit to South Africa have been addressed, and there is progress on the remaining ones.”

“We are fully aligned with the strategic agenda of the government, and are committed to strengthening the digital economy of the country,” he said.

The Nigerian Government seized the occasion to reiterate its commitment to providing an enabling environment for businesses to succeed, as partnerships between the public and private sectors remain the most viable means of bringing prosperity to the masses.

Mr Femi Adesina, the Special Adviser to the President on Media and Publicity, in a statement, said President Muhammadu Buhari gave the assurance on Tuesday when he received the Chairman, MTN Group, Mr Mcebisi Jonas, at State House, Abuja.

The President said: “I am pleased to hear of the progress you are making in Nigeria, especially in supporting our digital inclusion programme

”Your proposed projects, such as the rural telephony project, will surely complement our economic diversification and financial inclusion programmes by connecting the producers based in rural areas to consumers located in our major towns and cities.”

He said government was looking at ways to increase the level of security across critical national infrastructure, noting that it would guarantee seamless service delivery and also facilitate investments across the country.

According to him, Nigeria is Africa’s largest telecommunications market, and MTN’s largest market.

“Our hope is for operators like MTN to continue to focus on delivering quality service at reasonable prices. If we put our minds together, such win-win positions are achievable,” he added.

The MTN Group Chairman said he was visiting along with top executives of the telecoms company to show appreciation to President Buhari, “because most of the issues we raised during your visit to South Africa have been addressed, and there is progress on the remaining ones.”

According to him, the Group has utmost commitment to investing in Nigeria, and would commit 1.6 billion dollars from its operations in the country to strengthen its network and systems.

“We are fully aligned with the strategic agenda of the government, and are committed to strengthening the digital economy of the country,” he said.

 

 

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Mr Mcebisi Jonas MTN Group Muhammadu Buhari

Post navigation

Previous Konga Travel gives tips on best time to travel for pregnant women
Next Iheanacho scores but it’s Villa for EFL Cup final at Wembley

Related Stories

Dangote’s proposed Kenyan oil refinery faces hurdles, not least with crude supply Aliko Dangote
  • Business & Economy

Dangote’s proposed Kenyan oil refinery faces hurdles, not least with crude supply

September 9, 2026
Dangote Refinery IPO preparations trigger N1.88trn loss in equities market NNPCL
  • Business & Economy

Dangote Refinery IPO preparations trigger N1.88trn loss in equities market

September 8, 2026
First-class graduate Mary-Brenda Akoda becomes first millennial winner of $100,000 Science and Innovation prize for GenScan AI
  • Business & Economy

First-class graduate Mary-Brenda Akoda becomes first millennial winner of $100,000 Science and Innovation prize for GenScan AI

September 8, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Massive crowd as PDP flags-off campaign for Ogun 2027 governorship poll
  • Politics

Massive crowd as PDP flags-off campaign for Ogun 2027 governorship poll

September 9, 2026
Nigeria, Cameroon Push for Unified Operations at Ekok-Mfum Border Post federal republic of nigeria
  • National News

Nigeria, Cameroon Push for Unified Operations at Ekok-Mfum Border Post

September 9, 2026
Police Foil Kidnapping Attempt, Arrest Cultists, Recover Arms And Stolen Vehicles in Nationwide Crackdown Ekiti abductors
  • National News

Police Foil Kidnapping Attempt, Arrest Cultists, Recover Arms And Stolen Vehicles in Nationwide Crackdown

September 9, 2026
Nollywood producers may leave YouTube if Naira strengthens against Dollar – Film maker 
  • National News

Nollywood producers may leave YouTube if Naira strengthens against Dollar – Film maker 

September 9, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.