Minister lauds MTN for appointing Nigerian CEO

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The Minister of Communications and Digital Economy, Dr Isa Pantami, has commended MTN Nigeria for its appointment of a Nigerian to lead the telecommunications company.

According to a statement issued on Sunday, Pantami gave the commendation during a courtesy visit by MTN’s Chairman, Ernest Ndukwe, Chief Executive Officer-designate, Karl Toriola, and Chief Corporate Services Officer, Tobechukwu Okigbo.

The statement said the aim of the visit was to officially introduce the CEO-designate to the minister and to demonstrate commitment to the MTN Nigerianisation Agenda – an initiative geared at increasing local participation in the telco’s top management and promoting local content.

Ndukwe gave the assurance that plans were underway to give Nigerians more access to the MTN opportunity.

He said, “In spite of the current limitations, we are working with stakeholders to increase local ownership of MTN Nigeria and at the same time increase equity in Nigeria’s capital markets.”

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