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News247 Nigeria > Blog > Business News > MTN Nigeria Pays N878bn in Taxes Amid Revenue Growth
Business News

MTN Nigeria Pays N878bn in Taxes Amid Revenue Growth

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Last updated: May 29, 2026 11:42 am
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Telecommunications giant MTN Nigeria has paid about N878.7 billion in taxes, levies, and duties to the Federal and State Governments in 2025, showing the company’s growing role in supporting Nigeria’s economy.

The company disclosed this in its latest Sustainability Report, where it revealed that the payment represented a 15 per cent increase compared to the amount paid in 2024.

According to the report, the taxes covered company income tax, value-added tax (VAT), spectrum fees, import duties, and regulatory levies paid to government agencies.

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MTN Nigeria said the strong tax contribution followed improved business performance during the year. The telecom company recorded major growth in revenue and profit after overcoming foreign exchange challenges that affected operations in previous years.

The company’s Chief Executive Officer, Karl Toriola, said sustainability and long-term value creation remain key parts of the company’s business strategy.

Apart from tax payments, MTN Nigeria also continued infrastructure investments across the country. The company is involved in the rehabilitation of the Enugu-Onitsha Expressway under the Federal Government’s Road Infrastructure Tax Credit Scheme. The project is said to be about 50 per cent completed.

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The telecom operator also expanded its network coverage to more communities and increased local procurement from Nigerian suppliers. Reports showed that 62 per cent of the company’s procurement spending went to local businesses in 2025.

Industry analysts say the development highlights the growing importance of Nigeria’s telecom sector as a major source of non-oil revenue for the government.

 

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TAGGED:Karl ToriolaMTN NigeriaNigeria TelecomsNigerian EconomyTax Revenue
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