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Nairaland Forum / Nairaland / General / Business / We Spend N8bn On Diesel Annually, Says MTN Nigeria-vanguardnews (486 Views)
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We Spend N8bn On Diesel Annually, Says MTN Nigeria-vanguardnews by bueze046(m): 5:52pm On Jun 24, 2015 |
Telecoms giant, MTN Nigeria said it spent N8billion worth of diesel yearly to run their telecoms installations, especially the Base Station Transceiver Stations (BTS). The cost, according to MTN Nigeria’s Corporate Services Executive, Mr Akinwale Goodluck was incurred annually to purchase diesel due to the absence of stable public electricity supply. Goodluck lamented the inadequate supply of light which chopped off 60 percent of its operation cost of doing business in the country despite the fact that its operations depend wholly on stable power source, added that the telecom company has continue to stagger under heavy cost of diesel used to run generating sets at their cell sites. MTN which was the sole sponsor of this year’s Nigerian Civil Service Day at the occasion in Abuja yesterday, deployed generating sets to power its base stations and BTS sites for about 17 to 20 hours a day Confirming the huge cost of running base stations operations by the operators, Goodluck maintained that power issues had, indeed, necessitated the operator decision to install two generators at each of their sites. “The huge amount spent on diesel, generating sets and other associated expenses could otherwise be spent on network expansion towards providing better services to the growing telecoms consumers,” he said. “What we spend on diesel in Nigeria is two or three times higher than what we spend in other African countries.” Though, he said the population of the country also happened to be a challenged which could have been surmounted of the proper amenities are on ground , stating that the telecom company is seeking to partner with small operators to for wide and better services. “Our efforts to positively contribute to people’s lives are clear in the products and services we provide. This is how we create sustainable economic value for both our business and stakeholders.” source vanguard news... http://www.vanguardngr.com/2015/06/we-spend-n8bn-on-diesel-annually-says-mtn-nigeria/ |
Re: We Spend N8bn On Diesel Annually, Says MTN Nigeria-vanguardnews by raayah(f): 5:53pm On Jun 24, 2015 |
MTN.. Sit back and relax. Buhari is in control. 1 Like |
Re: We Spend N8bn On Diesel Annually, Says MTN Nigeria-vanguardnews by ammyluv2002(f): 5:54pm On Jun 24, 2015 |
If i hear |
Re: We Spend N8bn On Diesel Annually, Says MTN Nigeria-vanguardnews by missbehave247(m): 5:54pm On Jun 24, 2015 |
Change is here |
Re: We Spend N8bn On Diesel Annually, Says MTN Nigeria-vanguardnews by INTROVERT(f): 5:54pm On Jun 24, 2015 |
Juicy contract |
Re: We Spend N8bn On Diesel Annually, Says MTN Nigeria-vanguardnews by Tocheagle(m): 5:55pm On Jun 24, 2015 |
Really. pls MTN should pull out. other telco companies are waiting to take their spot |
Re: We Spend N8bn On Diesel Annually, Says MTN Nigeria-vanguardnews by raayah(f): 5:55pm On Jun 24, 2015 |
Tocheagle: MTN should pull out because they need stable electricity to run multi-billion naira facilities?? What exactly are we fighting for?? |
Re: We Spend N8bn On Diesel Annually, Says MTN Nigeria-vanguardnews by MosakuAW(m): 5:58pm On Jun 24, 2015 |
......And you steal 1 billion naira per month by cheating subscibers. Drop calls, stolen mb, caller tunes not subscribe to e.t.c Now who is making more? |
Re: We Spend N8bn On Diesel Annually, Says MTN Nigeria-vanguardnews by fatdon2(m): 5:59pm On Jun 24, 2015 |
How how much do u steal from customers Annually
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Re: We Spend N8bn On Diesel Annually, Says MTN Nigeria-vanguardnews by Nobody: 6:25pm On Jun 24, 2015 |
Good business for the oil and gas sector.. 1 Like |
Re: We Spend N8bn On Diesel Annually, Says MTN Nigeria-vanguardnews by dejavski(m): 6:35pm On Jun 24, 2015 |
Re: We Spend N8bn On Diesel Annually, Says MTN Nigeria-vanguardnews by ebamma(m): 7:52pm On Jun 24, 2015 |
That's just the cost of doing business,
I can spend 8 billion too on diesel, if am making 50 billion a year,
If the were running a loss, the could have closed shop by now |
(1) (Reply)
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