• Says country constitutes 99.9% of its workforce, has four expatriate staff
•May seek 30% investment from Nigerian investors to acquire $1.1bn IHS stake
Emma Okonji and Dike Onwuamaeze
The MTN Nigeria Plc has disclosed that it has 99.9 per cent Nigerian workforce, achieved over 62 per cent local procurements, and has reduced the number of expatriates in its employment to four compared to over 300 foreign experts it had in 2021.
These revelations come as strong indications emerged that the MTN Group is seeking Nigerian investors to acquire up to 30 per cent stake in IHS Nigeria, to enable the group conclude the acquisition of IHS Holding Limited.
