President
The President's charge came the same day Vice-President Yemi Osinbajo urged corporate organisations operating in
Speaking yesterday at the State House,
"As we seek to make broadband widely available and affordable, we urge MTN to continue to support our efforts by expanding high quality connectivity to Nigerians in unserved and underserved areas."
The President also called on the group to support the implementation of the National Policy for the Promotion of Indigenous Content in the Nigerian telecommunications sector.
"I recently unveiled and launched the National Policy for the Promotion of Indigenous Content in the Nigerian telecommunications sector. I call on MTN to support the implementation of this policy and train and engage more Nigerians in your company.
"In particular, we would like you to continue to support our efforts by improving the quality of service and enabling a downward price review of the cost of data and other services, in view of your large market in
He assured his visitors that his administration was doing everything possible to make
"We are implementing a number of policies and programmes to ensure that institutions like MTN have a conducive environment for doing business in
"We have identified and addressed the key challenges that affected the growth of the digital economy sector. One of such challenges was the high Right of Way costs and another was the vandalism of critical national infrastructure.
"I am happy to note that the Right of Way charges have now been pegged at a maximum of N145/linear metre and I have given directives for the protection of critical national infrastructure and this has addressed the issue of vandalism of such infrastructure. Service providers should always appreciate the effort of government and not undermine it."
He said: "The information and communications technology sector was the fastest growing sector in both the fourth quarter of 2020 and the entire year 2020, based on the report by the
"The growth rate of the sector exceeded four times the next fastest growing sector of Q4 2020, which had a growth rate of 3.42%. This is truly commendable."
Meanwhile, Osinbajo, delivered his message on Thursday when he received members of the board of telecoms giant, MTN, led by the company's Group President and CEO, Mr
He stated that it was critical for corporate organisations to show commitment to improving services and to build confidence in the people.
While noting that there have been hiccups in the relationship, the VP commended MTN for its contribution to the country, adding that the company is clearly an important part of
According to him, "Corporate organisations should be more accountable in their services, in the ownership structure, and also in paying attention to the needs of the people. Companies that ensure this will experience progress, as this is the right direction to go. Going forward, most corporates will find that attaching greater importance to the people is the way to go.
"For telecommunication firms like MTN, financial inclusion is crucial, so is broadband connection in deepening access and will help to connect hard-to-reach places, and to retail social welfare and services. The company's investment was crucial when
Speaking earlier, Mupita said that they want to deepen structure of ownership in
While disclosing that the company wants to have the largest retail-based shareholding in
He added that MTN as a corporate citizen is responsible in all the countries where it is represented.
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