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MTN Announces Plans for 20th Anniversary Celebration in Nigeria


.To restore Enugu-Onitsha expressway
Nigeria’s largest mobile telecommunications operator, MTN Nigeria Communications Plc has announced that it will celebrate its 20th year in the country’s telecommunications industry on August 8, 2021.
The company in a statement said it will be executing numerous national impact projects in the coming months as it marks the milestone.
As revealed in MTN Nigeria’s unaudited financial statements for the half year, the Chief Executive Officer (CEO), MTN Nigeria, Karl Toriola, stated that the company will now participate in Nigeria’s Road Infrastructure Tax Credit (RITC) Scheme.
He said, “We are pleased to announce that our Board of Directors has approved our participation in the Road Infrastructure Tax Credit (RITC) Scheme. This is in response to the Government’s drive towards public-private partnerships in the rehabilitation of critical road infrastructure in Nigeria. We intend to participate in the restoration and refur ....

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Analysts: Expect More Coys to Jostle for Infrastructure Tax Credit Scheme


Festus Akanbi
Following the Federal Executive Council’s approval for a number of key infrastructural projects to be undertaken by the Dangote Group and four other companies in place of their tax obligations under the Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme, some economic watchers at the weekend said the current state of infrastructure in Nigeria will compel more companies to key into the scheme.
MTN and BUA Group are some of the private sector companies that won the bid to construct federal roads as part of the Road Infrastructure Tax Credit Scheme.
Other participating private sector firms are Access Bank, Transcorp Group, GZI Industries, Mainstreet Energy, and Dangote Group. ....

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