Tuesday , 19 November 2019
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NIGERIA vs. SOUTH AFRICA: REDUCING IT TO FIGURES

MTN Nigeria income for 2018 second half was N40.55b. This is authentic figure from the company ledger
All the artisan businesses Nigerians operate in South Africa that aches their heads that Nigerians are taking their business and jobs don’t make this amount in five years. Multiply this by about 37 in past 18 years MTN has been here and let’s see how much that comes to. It’s N1.603tr, and South Africa owns 82% equity holding at April when it listed in Nigeria Stock exchange
Part this booty is what the CBN MTN illegally repatriating, a total of $8.1 billion.
We have not added the fraud business of DSTV and the ShopRite outlets
Let’s reconcile the account and know between nigeria and South Africa who robs the other.
This matter has to be resolved once a day for all. I advocate that nobody burns MTN, DSTV or ShopRite
Let the Nigerinan government nationalize all of them and the message will be clearer to South Africa.
They should not be spared this time.
Ikeroyal Emewu
AmarSim Associations Development Consultants

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