The Minister of Science & Technology, Dr. Ogbonnaya
Onu, has expressed his dissatisfaction with the ownership
of MTN Nigeria during the inaugural press conference of
the Computer-Based Test, (CBT) Centre Proprietors’
Association of Nigeria, (CPAN).
According to him:“Not less than 75 percent ownership of
MTN has been acquired by Indians.”
“Indians are gradually buying over MTN in Nigeria now
and one of the bad things about this development is that
the Indians now have the capacity to administer what
MTN does by physically employing Nigerians.
“They want the capacity to do that from their country and
if we in Nigeria allow all these opportunities to go, it will
not speak well.“
You people are doing a great work.
The government does not want people from other
countries to come and take away our technology. I
believe that if we have associations like CPAN, they can
regroup from the telecom companies they can take back
what Indians have taken away from Nigeria.
“MTN Nigeria is actually a Nigerian company, they came
from South Africa but who are the people doing the work,
are they not Nigerians?”
A visit to Bloomberg reveals that MTN Nigeria currently
has 6 Nigerians on its 14-member board
