MTN Foundation Injects N11bn on 341 Projects, Celebrate 10 Years

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MTN Nigeria is celebrating a decade of touching lives through its MTN Foundation (MTNF) which is the first Foundation to be established by a Nigerian telecommunication company with hugely impactful social investments in education, health, and economic empowerment.

MTNF was founded on the 11th of May, 2005, funded by up to one percent profit after tax (PAT) from MTN Nigeria and has become the leading driver of social investments through the expenditure of over 11 billion naira in 341 project sites across the six geopolitical zones of the country.

Chairman, MTN Foundation, Ambassador Hamzat Ahmadu, disclosed that the successes which have been recorded in the last 10 years are based on the Foundation’s ability to leverage on the power of local and international partners who are able to bring relevant knowledge and experience to the table, to create and execute sustainable projects across the country.

“The giant strides made by the Foundation and the remarkable transformation of lives seen through the gains of our various initiatives in the area of health, education and economic empowerment are an eloquent testimony of how well we have been able to demonstrate our commitment to enriching lives and adding value to the lives of the citizenry,” Ambassador Ahmadu said.

Corporate Services Executive of MTN and director of the Foundation, Mr. Wale Goodluck on his part, expressed happiness at the giant strides made in the past decade, adding that corporate social responsibility (CSR) is at the core of MTN’s organizational philosophy.

“We are excited that our mission to improve the quality of life in communities all over the country has yielded great dividends as evidenced by the positive impact our initiatives have had in helping to reduce poverty as well as foster sustainable development in Nigeria,” Goodluck added.

He pledged that the Foundation will not relent in its efforts to continue seeking creative ways to support and add value to lives in many more communities.

MTNF educational initiatives have provided digital libraries and ICT laboratories to some universities and secondary schools across the country while empowering others with scholarships in music, science and technology.

The Foundation has equally in its healthcare portfolio, provided mammography and dialysis machines to public hospitals across the country as well as its trailblazing eyesight restoration intervention where a lot of persons have benefited from free cataract surgeries, eye glasses and drug packs.

MTNF has under its economic empowerment portfolio, carried out and supported a wide range of activities designed to enable job provision, skills acquisition among various stakeholder groups such as the disabled, widows and visually impaired students.

In acknowledgment of its laudable contributions, MTNF has received numerous awards, including the 3rd CSR Nigeria Industry Award: Innovative Partnership Award for Outstanding Work in Corporate Social Responsibility and Creating “Shared Value”; Advertising Association of Nigeria (ADVAN) Awards: Best Corporate Social Responsibility Company and Sickle Cell Foundation of Nigeria: Special Appreciation Award in recognition of MTNF work and Support for Sickle Cell Foundation of Nigeria among many others.

 

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