MTN Foundation spends N11bn on corporate social responsibility in 10 years




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Lagos –  The Chairman of MTN Foundation (MTNF), Mr Hamzat Ahmadu, on Monday said that the foundation had spent over N11 on 341 sites in 10 years.
This is contained in a statement in Lagos obtained by the News Agency of Nigeria (NAN), as the foundation marked a decade of its Corporate Social Responsibility (CSR) activities.
The statement said that the successes that had been recorded in the last 10 years were based on the foundation’s ability to leverage on the power of local and international partners.
According to the statement, the partners are able to bring relevant knowledge and experience to the table, to create and execute sustainable projects across the country.
”With its pioneering status as the first foundation established by a Nigerian telecommunication company, MTN Foundation, the CSR vehicle of a leading company, is celebrating a decade of touching lives.
”The foundation has been touching lives through its hugely impactful social investments in education, health, and economic empowerment.
”Founded on May 11, 2005, the foundation is funded by up to one per cent Profit-After-Tax from MTN Nigeria.[pro_ad_display_adzone id=”70560″]
”It has become the leading driver of social investments through the expenditure of over N11 billion in 341 project sites across the six geopolitical zones of the country,’’ it said.
”The strides in the area of health, education and economic empowerment are eloquent testimonies of how well we have been able to demonstrate our commitment to enriching and adding value to lives.”
Mr Wale , the Corporate Services Executive of MTN Nigeria, expressed delight at the giant strides made in the past decade.
Goodluck, who is also a Director of MTNF, said that corporate social responsibility at the core of MTN’s organisational philosophy.
He said that the foundation would not relent in its efforts to continue to seek creative ways to support and add value to lives in many more communities.
”We are excited that our mission to improve the quality of life in communities all over the country have yielded great dividends.
”This is evidenced by the positive impact our initiatives have had in helping to reduce poverty, as well as foster sustainable development in Nigeria,” Goodluck said.
He said that through its educational initiatives, MTNF had provided digital libraries and ICT laboratories to universities and secondary schools, respectively, in the country.
According to him, the educational initiatives also empower with scholarships in music and science and technology.
NAN reports that under its healthcare portfolio, MTNF has provided mammography and dialysis machines to public hospitals across the country.
It also engages in trailblazing eyesight restoration intervention, where a lot of persons have benefited from free cataract surgeries, eye glasses and drug packs.
Under its economic empowerment portfolio, MTNF has carried out and supported a wide range of activities designed to enable job provision, skills acquisition among other various stakeholder groups such as the disabled, widows and visually impaired students.
In recognition of its positive 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”.
It also received the Advertising Association of Nigeria (ADVAN) Awards’ Best Corporate Social Responsibility Company and Sickle Cell Foundation of Nigeria’s Special Appreciation Award in recognition of the work of MTNF. (NAN)