HomeNewsMTN Pays N879bn Taxes As Revenue Hits N5.2tn, Subscribers 85m

MTN Pays N879bn Taxes As Revenue Hits N5.2tn, Subscribers 85m

MTN Pays N879bn Taxes
As Revenue Hits N5.2tn, Subscribers 85m

MTN Nigeria has paid N878.7 billion in taxes, levies, and duties to federal and state authorities in the 2025 financial year.

The payment represents a 15 per cent increase from the previousAg,*. year, according to the company’s recently released 2025 Sustainability Report.

The trajectory, according to a statement, shows that the company paid N543.9 billion in taxes and levies in 2023 before the figure climbed to N764 billion in 2024, representing a cumulative increase of about 62 per cent over two years.

The increase tracked the company’s recovery from forex-driven losses to a profit after tax of N1.11 ttotal revenue rose by 54.8 per cent to N5.20 trillion in 2025, while total revenue rose by 54.8 per cent to N5.20 trillion.

Operating profit also increased to N2.08 trillion from N778.2 billion.

The N878.7 billion remitted to the government in 2025 covered company income tax, value-added tax, spectrum fees, import duties, Nigerian Communications Commission levies, and contributions under the Rural and Urban Terrestrial Infrastructure tax credit scheme.

The company also participated in the Road Infrastructure Tax Credit Scheme, under which it committed N202.8 billion towards the reconstruction of the 110-kilometre Enugu-Onitsha Expressway.

According to the report, the Rural and Urban Terrestrial Infrastructure scheme reached 50 per cent completion in 2025 after securing approval for an additional N23 billion tax credit aimed at expanding fibre and telecommunications infrastructure in underserved communities.

The report further highlighted the company’s growing domestic economic footprint, with 62 per cent of procurement spending directed to Nigerian suppliers in 2025, up from 59.6 per cent in the previous year.

MTN said the policy aligns with the Federal Government’s local-content objectives and supports sectors including civil construction, logistics, software services, and power infrastructure.

The company’s operational footprint expanded to 2,087 active base stations nationwide, while active mobile subscribers stood at 85.4 million by the third quarter of 2025.

Active data users rose to 51.1 million, supported by smartphone penetration of 65.1 per cent.

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