Femi Fani-Kayode release list to prove that MTN is not a Nigerian business

Femi Fani-Kayode release list to prove that MTN is not a Nigerian business

Former minister of aviation, Femi Fani-Kayode, FFK, has released a list to prove that MTN is not a Nigerian business.

Femi Fani-Kayode released the list on Twitter in the heat of retaliatory Xenophobic attacks on MTN installations in Nigeria.

He tweeted:

“For those who say MTN is a Nigerian business KNOW THIS:

MTN International holds approximately 70% of the shares.

The largest shareholders of MTN Nigeria and their stakes:

  1. MTN International (Mauritius) Limited

Stake: 76.08%.
Worth: N1.68 trillion. (1/2)

  1. Stanbic IBTC Assent Management Limited.

Stake: 9.64%
Worth: N213.7 billion

  1. Victor Odili

Stake: 3.96%
Worth: N87.87 billion

  1. Mobile Telephone network

Stake: 2.75%
Worth: N60.95 billion

  1. Government Employees Pension Fund

Stake: 1.75%
Worth: N38.68 billion (2/3)

  1. Pascal Dozie

Stake: 1.67%
Worth: N37.07 billion

  1. Sani Mohammed Bello

Stake: 1.3%
Worth: N28.87 billion

  1. Babatunde Folwawiyo

Stake: 1.07%
Worth: N23.83 billion

  1. Gbenga Oyebode

Stake: 0.89%
Worth: N19.80 billion (3/4)

  1. Mallam Ahmed Dasuki

Stake: 0.75%
Worth: N19.35 billion

  1. Kari Olutokun Toriola

Stake: 0.005%
Worth: N100.10 million”.

Belief that Shoprite, MTN, DSTV, others are owned by South Africans erroneous – Saraki

Femi Fani-Kayode release list to prove that MTN is not a Nigerian business
Femi Fani-Kayode release list to prove that MTN is not a Nigerian business

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