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How MTN’s ESG Strategy is Helping Fuel Nigeria’s Development Goals

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L-R: Godstime Iwenekhai, Head, Issuer Regulation: Olufemi Shobanjo, Chief Executive Officer, NGX Regulation Limited; Jude Chiemeka, Chief Executive Officer, Nigerian Exchange Limited (NGX); Abubakar B. Mahmoud SAN, OON, Non-Executive Director and Chairman Social, Ethics and Sustainability Committee (SESCO), MTN Nigeria; Tobechukwu, Okigbo, Chief Corporate Services and Sustainability Officer, MTN Nigeria and Esosa Balogun, General Manager Risk and Compliance, MTN Nigeria at MTN Nigeria’s first-ever Facts About the Sustainability Report event held on May 8, 2025, at the NGX Office, Marina, Lagos Kind Regards
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MTN Nigeria’s 2024 Sustainability Report has provided a compelling case for how businesses can move from profit-centric models to purpose-led impact. As one of Africa’s leading tech companies, MTN’s environmental, social, and governance (ESG) strategy is not only helping the company remain resilient and competitive but also supporting Nigeria’s broader development goals — from economic inclusion to environmental sustainability.

L-R: Godstime Iwenekhai, Head, Issuer Regulation: Olufemi Shobanjo, Chief Executive Officer, NGX Regulation Limited; Jude Chiemeka, Chief Executive Officer, Nigerian Exchange Limited (NGX); Abubakar B. Mahmoud SAN, OON, Non-Executive Director and Chairman Social, Ethics and Sustainability Committee (SESCO), MTN Nigeria; Tobechukwu, Okigbo, Chief Corporate Services and Sustainability Officer, MTN Nigeria and Esosa Balogun, General Manager Risk and Compliance, MTN Nigeria at MTN Nigeria’s first-ever Facts About the Sustainability Report event held on May 8, 2025, at the NGX Office, Marina, Lagos
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The report, unveiled at an exclusive “Facts Behind the Sustainability Report” session held at the Nigerian Exchange Group House in Lagos on May 8, 2025, revealed that MTN Nigeria paid a staggering ₦764.2 billion in taxes and levies in 2024. This contribution reflects the critical role that large corporations play in shoring up public finances and enabling infrastructural growth.

This fiscal commitment is only one part of MTN’s wider development agenda. The company also spent ₦3.5 billion on Corporate Social Investment initiatives in 2024 alone, directly impacting over 663,300 Nigerians. These efforts span across health, education, youth empowerment, and community development. Programs like the “What Can We Do Together” campaign, the MTN Foundation’s Anti-Substance Abuse Program (ASAP), and its ICT and Business Skills initiatives have reached underserved communities and supported Nigeria’s youth, a critical demographic in Africa’s most populous nation.

“Beyond connectivity, we see ourselves as a partner in development,” said Tobe Okigbo, MTN’s Chief Corporate Services and Sustainability Officer, during the event. “Every naira we spend on sustainability is an investment in the future of Nigeria.”

On the environmental front, MTN’s sustainability efforts are beginning to show real, measurable outcomes. The company achieved an 11% reduction in its Scope 1 and 2 emissions compared to its 2021 baseline. This is in line with the global climate agenda and Nigeria’s commitment to reach net-zero emissions by 2060. MTN is also implementing energy-efficient practices across its network infrastructure, including investments in hybrid energy solutions and modernising its facilities for lower energy consumption.

On the social side, MTN Nigeria invested ₦3.5 billion in Corporate Social Investment (CSI) initiatives, directly impacting over 663,300 lives across education, youth empowerment, and health. The company has also been deliberate with its promotion of gender inclusion, with female representation in its workforce rising to 41.4%. More than 59.6% of its annual spend was directed to local suppliers, underscoring its commitment to empowering small and medium-sized enterprises (SMEs). These numbers reflect a business deeply invested in the prosperity of its people and communities, a cornerstone of Nigeria’s development aspirations.

In governance, MTN Nigeria’s report is a model of transparency and international best practices. The company is one of the early adopters of the IFRS S1 and S2 standards by ISSB — global frameworks that guide sustainability-related financial disclosures. The 2024 report is the second released under these standards, signalling MTN’s readiness for a future where sustainability reporting is a regulatory requirement and not just a voluntary action.

The event also featured remarks from key stakeholders, including the Nigerian Exchange Group, NGX Regulation Limited— all underscoring MTN’s leadership in fostering a responsible corporate culture.

What sets MTN’s strategy apart is its integrated approach: sustainability is not an add-on, but embedded into operations, governance, and decision-making. The company’s Social, Ethics, and Sustainability Committee (SESCO), led by Abubakar B. Mahmoud SAN, OON, ensures ESG targets are aligned with corporate strategy, monitored consistently, and championed at the highest levels.

MTN’s efforts feed directly into the United Nations Sustainable Development Goals (SDGs), particularly SDG 4 (Quality Education), SDG 8 (Decent Work and Economic Growth), SDG 9 (Industry, Innovation and Infrastructure), and SDG 13 (Climate Action). As Nigeria continues its journey toward sustainable economic recovery, partnerships between government, regulators, and responsible private sector players like MTN will be crucial.

By setting the pace in sustainability disclosures and delivering real-world impact, MTN Nigeria is proving that ESG isn’t just good ethics — it’s good business, and a viable model for other companies aiming to contribute meaningfully to Nigeria’s development story.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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COUCH 2025 Grand Finale Highlights Student Breakthroughs, Secures Government Pledge for University Research Commercialization

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Coderina Education and Technology Foundation, in partnership with the National Universities Commission (NUC), successfully hosted the Grand Finale of the Coderina University Challenge (COUCH) 2025 at the NUC Auditorium, Abuja.

COUCH 2025 Grand Finale Highlights Student Breakthroughs, Secures Government Pledge for University Research Commercialization

A cross section of attendees

The event gathered top government officials, university leaders, industry partners, and the ten finalist teams selected from over sixty-two initial entries nationwide.

This year’s challenge, themed “Circular Economy Through Technology spotlighted the potential of Nigerian university students to develop scalable, tech-enabled solutions that address pressing national issues in sustainability, waste management, energy transition, and the circular economy.

The Grand Finale reaffirmed a consistent message shared across all keynote addresses: Nigeria must accelerate the movement of university research from shelves into practical innovation, commercialization, and industry adoption, a key driver of national development and economic growth.

In his opening address, Mr. Olufemi Niyi, chairman, Coderina Board of Directors, emphasized that university projects must not remain buried in archives.

He highlighted COUCH as a platform proving that research can become functional innovation.

Mr. Niyi called on donors, development partners, and private sector stakeholders to support COUCH as a sustainable national innovation pipeline and encouraged investors to channel resources into skills development and technology innovation among youth.

In his keynote address, Dr. Kingsley Tochukwu, the minister of Innovation, Science and Technology, commended the COUCH programme for its role in moving research “from the shelves to the marketplace,” a key priority under the ministry’s national innovation agenda.

He noted that the initiative exemplifies the type of collaboration and commercialization pipeline needed to unlock Nigeria’s scientific and technological potential.

He highlighted several priority areas critical to advancing the country’s innovation landscape:

“Strengthening Nigeria’s innovation ecosystem through coordinated national frameworks and partnerships; expanding digital innovation pathways to accelerate the adoption of emerging technologies, and building a tech-driven economy that delivers measurable value and global competitiveness”.

The Minister added that “Creating new opportunities for youth innovators, ensuring they are empowered to participate in and drive the innovation economy, are part of the key focus areas of the Ministry

He also expressed the Ministry’s readiness to partner with COUCH, Coderina, and the NUC to incubate and scale these student-led innovations.

Mallam Abdullahi Yusuf Ribadu, the executive secretary of NUC acknowledged the twelve universities nominated for the pilot edition by the commission.

He urged the finalists to use their prize money to advance entrepreneurship and technical skill development, reinforcing the NUC’s commitment to fostering innovation-driven learning across tertiary institutions.

In a remarkable commitment, the Minister donated five million naira to ‘Waste2Light’ from FUT Minna and announced an intention to collaborate with all ten finalist universities to support commercialization.

Dr. Tope Kolade Fasua, special address to the President on Economic Affairs, stated that technology remains the largest driver of global economic growth, stressing that Nigeria’s economic transformation is intertwined with youth innovation.

He commended Coderina and advised for greater visibility and national media outreach; creation of an innovation “museum or archive” for brilliant ideas, and the establishment of centers where theories and research can be turned into products.

He concluded that the future of Nigeria’s economy lies in the hands of today’s young innovators.

Professor Sa’adatu Hassan Liman, special guest at the programme and vice-chancellor, Nasarawa State University, delivering her address on “Sustainable National Transformation,” emphasized the need for stronger industry–university collaborations.

She also emphasized need for entrepreneurial university culture; digital literacy in emerging technologies such as AI, blockchain, IoT; adoption of virtual learning and remote laboratories, and inclusive innovation for underserved communities.

She highlighted AI as a catalyst for reimagining teaching and learning, including teacher retraining and curriculum enhancement.

The competition had two categories of prizes recognizing both technical excellence and public engagement.

Winners of the first category, The Challenge, based on pitch and prototype presentation was Team IMSU –  Imo State University , taking home the star prize of ₦5,000,000; 2nd Place winners: Team Neuronaut Nile University Prize, ₦2,500,000, and 3rd Place – Team Waste2light from the Federal University of Technology, Minna: ₦1,500,000.

The People’s Choice Awards winners, based on social media engagement and public voting, are Team ADSU Innovators – Adamawa State Uni.: ₦250,000; 2nd Place -Team Scraplink, Lagos State University: ₦150,000, and 3rd place – Team Circle from the Federal University of Technology, Akure, took home ₦100,000.

Giving COUCH overview, Ms. Christiana Anthony, the Project Lead, reaffirmed that COUCH is not merely a competition but a structured innovation development program.

She highlighted the strong collaboration between Coderina and the NUC, noting that the program has created a national pathway for students to design, build, test, and pitch solutions with real potential for commercialization.

The COUCH 2025 grand finale demonstrated Nigeria’s readiness to harness university-driven innovation as a catalyst for economic growth, job creation, and sustainable development.

 


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Google Invests $2.1m to Boost Nigeria’s AI Development

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Google.org has announced a $2.1 million (₦3 billion) investment to support Nigeria’s artificial intelligence sector, targeting the creation of one million digital jobs and strengthening the country’s growing tech economy.

Google Invests $2.1m to Boost Nigeria’s AI Development

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The initiative is aligned with Nigeria’s National AI Strategy and is expected to contribute significantly to the nation’s digital transformation, with AI projected to add $15 billion to the economy by 2030.

The funding will support partnerships with local organizations focused on skills development and cybersecurity.

FATE Foundation and the African Institute for Mathematical Sciences (AIMS) will collaborate with universities to integrate AI curriculum into classroom teaching, creating a sustainable pipeline of AI-ready graduates.

Similarly, the African Technology Forum (ATF) will run an AI innovation challenge, guiding developers from bootcamp training through product development and pitching stages.

Google also emphasized digital safety. Junior Achievement Africa will scale the “Be Internet Awesome” curriculum to teach online safety to youth, parents, and teachers nationwide, while the CyberSafe Foundation will provide cybersecurity training and technical support to public institutions to strengthen digital infrastructure defenses.

Highlighting the human impact of its digital skills programs, Google cited the case of Joel Kiate, a digital marketer in Abuja, who secured employment after completing Google’s training despite failing university entrance exams five times.

A Google spokesperson said: “When we connect people with the right tools and opportunities, they don’t just find jobs—they build careers and become part of Nigeria’s growing digital economy.”

The investment reflects growing confidence in Nigeria’s tech sector, which continues to position itself as a major hub for digital innovation in Africa.


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Team OneGrid Energies  Wins 3 Million @MTN PachiPanda Challenge

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As Team OneGrid Energies walked away with the grand prize of three million naira and an HP laptop each at the MTN 2025 PachiPanda Challenge, the strongest message from the closing ceremony held on Wednesday, November 26, 2025, was not just about winning ideas, but about building ideas that pay.

Team OneGrid Energies  Wins 3 Million @MTN PachiPanda Challenge

OneGrid Energies

Tobechukwu Okigbo, Chief Corporate Services & Sustainability Officer at MTN Nigeria, delivered a powerful charge to the next generation of African climate innovators. He said, “Too often we celebrate innovation only for its brilliance. Today I challenge you to go further and create bankable innovation. Look around you, find the problems that need solutions, and solve them with boldness. The future belongs to you, and Africa is counting on you all to rise and deliver the change we have been waiting for.”

Okigbo reminded the finalists that Africa’s greatest asset is its youth, and that digital tools, from AI to the internet, have levelled the global playing field. “The future is yours,” he declared. “You are the leaders of tomorrow and with the necessary tools and boldness, you have the platform to rise and rewrite Africa’s story.”

The winning solution by OneGrid Energies, a scalable platform providing smallholder farmers with hyper-localised climate data and optimised planting advice, was hailed as a perfect example of innovation that can both save livelihoods and create viable business models.

Joshua Ndaman secured second place with his innovative solution, BuyScrap, a tech-driven platform that streamlines the collection and recycling of electronic waste. By ensuring that discarded electronics are ethically reused and repurposed, BuyScrap supports a circular economy and provides a reliable link between households and processors in the e-waste value chain.

Representing Dr. Joseph Daniel Onaja, Director General, Nigerian Conservative Foundation, Uchenna Achunine, Director, Business Development and Communications, Nigerian Conservation Foundation, congratulated the winners and commended their efforts in the two-day, intense pitch hosted by MTN Nigeria in partnership with WWF, the three-day PachiPanda Challenge held from 24–26 November 2025, transformed the MTN Rooftop in Lagos into a launchpad for climate-tech startups, proving that African youth are not waiting for permission to solve the continent’s biggest challenges; they are already building the profitable, impactful solutions the world needs.


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