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MTN Nigeria Cuts Costs By Over N570mn On Clean Energy Investments

By Adaobi Rhema Oguejiofor

MTN Nigeria has disclosed that since it deployed three 1.1 megawatts (MW) gas generators, there has been a significant reduction in the greenhouse gas it emits.

The Company disclosed this in its 2023 climate change report, noting that the development also lowered its energy costs by over N570 million.

This is in line with Nigeria’s Climate Change Act 2021, which aims to lower greenhouse gas emissions as the nation intends to achieve net zero in the coming years. The Nigerian Communication Commission (NCC) had recently announced that it is working towards ensuring a complete move to alternative energy sources by all players in the telecom industry.

MTN Nigeria revealed that it is partnering with a renewable energy Independent Power Producer (IPP) programme in order to deploy a Compressed Natural Gas (CNG) power plan to supply both its corporate office, MTN Plaza, and main data centre in Ikoyi.

The Company said that it has also installed motion light sensors in buildings and switching centres in order to optimize power consumption and installed a 56-kilowatt proof-of-concept solar project, delivering more than 4,000-kilowatt (KW) hours of clean electricity each month.

The Chief Executive Officer (CEO) of MTN Nigeria, Karl Toriola, stated that the Group’s Project Zero, which aims to reduce greenhouse gas emissions throughout its footprints and improve operational efficiency, includes the company’s net zero emissions goal.

Toriola added that in order to offset the emissions that cannot be prevented, the corporation will reduce energy use, switch to non-green energy sources, and invest in certified climate protection projects with high environmental and social standards.

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