By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: We Spend N8bn On Diesel Annually – MTN Nigeria Reveals
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

We Spend N8bn On Diesel Annually – MTN Nigeria Reveals

Farouk Mohammed
By Farouk Mohammed
Published: June 24, 2015
Share
2 Min Read
SHARE

mtn

Telecoms giant, MTN Nigeria said it spent N8billion worth of diesel yearly to run their telecoms installations, especially the Base Station Transceiver Stations (BTS).

The cost, according to MTN Nigeria’s Corporate Services Executive, Mr Akinwale Goodluck was incurred annually to purchase diesel due to the absence of stable public electricity supply.

Goodluck lamented the inadequate supply of light which chopped off 60 percent of its operation cost of doing business in the country despite the fact that its operations depend wholly on stable power source, added that the telecom company has continue to stagger under heavy cost of diesel used to run generating sets at their cell sites.

MTN which was the sole sponsor of this year’s Nigerian Civil Service Day at the occasion in Abuja yesterday, deployed generating sets to power its base stations and BTS sites for about 17 to 20 hours a day

Confirming the huge cost of running base stations operations by the operators, Goodluck maintained that power issues had, indeed, necessitated the operator decision to install two generators at each of their sites.

“The huge amount spent on diesel, generating sets and other associated expenses could otherwise be spent on network expansion towards providing better services to the growing telecoms consumers,” he said.

“What we spend on diesel in Nigeria is two or three times higher than what we spend in other African countries.”

Though, he said the population of the country also happened to be a challenged which could have been surmounted of the proper amenities are on ground , stating that the telecom company is seeking to partner with small operators to for wide and better services.

“Our efforts to positively contribute to people’s lives are clear in the products and services we provide. This is how we create sustainable economic value for both our business and stakeholders.”

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:DieselMTN
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
Previous Article Ebola Virus Returns To Sierra Leone
Next Article I’m Not Leaving Manchester United – Angel Di Maria

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Exchange Rate

Okay.ng Logo
Buy Rate ₦1,605.00
Sell Rate ₦1,620.00

Last updated: 3 weeks ago (June 3, 2025 2:33 pm)

Displayed rates are for informational purposes only and are subject to change.

USD/NGN Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Taiwo Oyedele
FG Sets Ambitious Target to Raise Tax-to-GDP Ratio to 18% Within Three Years
Economy
Suspected IPOB/ESN Landmine Explosion Claims Six Lives in Imo Market
News
Political Rift Between Wike and Fubara Resolved After Presidential Mediation
News
NNPC
Senate Issues Ultimatum as NNPCL Fails to Appear Over N210 Trillion Audit Discrepancies
Energy & Oil
Federal Revenue Agencies to Undergo Restructuring as President Tinubu Enacts Major Tax Reform Legislation
News Top stories
- Advertisement -
Ad imageAd image

You May Also Like

NewsTop stories

BREAKING: President Tinubu Endorses Four Major Tax Reform Bills

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 26, 2025
Lagos State Government
News

Lagos State Government Refutes Peter Obi’s Allegation of Property Demolition, Orders Probe

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 26, 2025
News

Oyo State Governor Seyi Makinde Renames Polytechnic Ibadan in Honour of Late Dr. Omololu Olunloyo

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 26, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?