Monday, 11 May 2015

MTN Foundation Invests N11bn On 341 Projects In 10 yrs


MTN Foundation (MTNF), the corporate social responsibility vehicle of MTN Nigeria, has invested over N11 billion in 341 project sites across the six geopolitical zones of the country as it marks a decade of touching lives through its social investments in education, health, and economic empowerment.
Ambassador Hamzat Ahmadu, chairman of MTNF said the foundation established on the 11th of May, 2005 funded by up to one percent profit after tax (PAT) from MTN Nigeria has become the leading driver of social investments in Nigeria based on its 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.
On his own part, Mr Wale Goodluck, corporate services executive of MTN and director of the foundation.
said “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.”
He pledged that the MTNF will not relent in its efforts to seek creative ways to support and add value to lives in many more communities.MTNF educational initiatives have seen it provide digital libraries and ICT laboratories to universities and secondary schools, respectively, across the country while empowering others with scholarships in music and science and technology.
Under its healthcare portfolio, it has 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.
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.

 -Leadership

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