MTN Nigeria Communications Plc has announced a total remittance of N878.7 billion in taxes, levies, and duties for the 2025 financial year, representing a 15 per cent increase compared to the previous year. The development underscores the company’s significant contribution to government revenue and national economic development.
The disclosure was contained in the company’s 2025 Sustainability Report, which highlights steady progress across environmental, social, and governance (ESG) priorities, alongside continued investments in network expansion, social impact initiatives, and responsible business practices.
According to the report, the increase in fiscal contributions reflects MTN Nigeria’s operational growth and strong commitment to regulatory compliance, despite navigating a challenging macroeconomic environment.
The publication marks the company’s seventh consecutive sustainability report and its third year of voluntarily adopting the International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards ahead of mandatory requirements.
Chief Executive Officer, Karl Toriola, described the report as evidence of “decisive action and measurable progress,” emphasizing that sustainability remains central to the company’s long-term value creation strategy. He noted that MTN Nigeria continues to embed ESG principles into its core operations to drive growth, manage risks, and unlock new opportunities.
On environmental performance, the telecom operator recorded a 6.4 per cent reduction in Scope 1 and 2 greenhouse gas emissions relative to its 2021 baseline. It also earned a ‘B-’ rating for climate change and a ‘C’ rating for water security from the Carbon Disclosure Project (CDP). Additionally, more than one-third of its top suppliers by expenditure have aligned with the company’s net-zero ambitions.
From a social perspective, MTN Nigeria expanded its network coverage to 93.7 per cent of the population, significantly enhancing connectivity across the country. Female representation within its workforce increased to 43.4 per cent, while N2.7 billion was invested in corporate social responsibility initiatives, positively impacting over 534,000 individuals. The company also launched the “Help Children Be Children” initiative aimed at promoting child online safety and awareness.
In governance and performance metrics, MTN Nigeria reported a Reputation Index of 80.2 per cent, surpassing its internal benchmark. It also achieved a sustainability rating of 3.7 out of 4.0 from ESG rating firm Risk Insights. Furthermore, the company strengthened local economic participation by allocating 62 per cent of its procurement spending to domestic suppliers, reflecting a notable increase from the previous year.
Chief Corporate Services and Sustainability Officer, Tobechukwu Okigbo, reaffirmed the company’s commitment to delivering measurable and positive outcomes. He disclosed that MTN Nigeria conducted a comprehensive “True Value Assessment” between 2021 and 2024, evaluating its economic, social, and environmental impact, alongside a double materiality assessment to better align corporate strategy with stakeholder expectations.
He also noted that the company hosted its inaugural “Facts Behind the Sustainability Report” session at the Nigerian Exchange Limited, aimed at enhancing transparency and strengthening stakeholder engagement.
MTN Nigeria reiterated its commitment to advancing sustainable innovation, promoting inclusion, and upholding governance excellence. The company emphasized its focus on expanding access to the benefits of a connected digital economy while delivering long-term value to shareholders and society at large.
