Since the release of MTN Nigeria’s 2025 Sustainability Report, which contains the company’s financials of the period under review, more facts have continued to come from further deeper review of the document.
Business Hilights.ng can authoritatively report that the leading telecoms giant, made a critical tax remittance of N878.7 billion in taxes, levies and duties to federal and state authorities during the 2025 financial year, thus becoming the highest tax payer in the industry within the period under review.
This figure represents a 15 per cent increase when compared to the previous year’s N764 billion and further explains the telecom giant’s growing contribution to government revenue amid Nigeria’s fiscal restructuring efforts.
the N878.7 billion remitted in 2025 covered several obligations, including company income tax, value-added tax, spectrum fees, import duties, Nigerian Communications Commission levies, as well as contributions under the Rural and Urban Terrestrial Infrastructure tax credit initiative.
In fact, since the massive investments in systems and network upgrade in 2022, 2023 and 2024, the company’s tax payments have risen sharply over the past three years.
The trajectory emerging from the upgrade shows sustained geometric rise in the company’s financials and capex as MTN Nigeria paid N543.9 billion in taxes and levies in 2023 before the amount increased to N764 billion in 2024.
No doubt, the latest figure brings the cumulative growth in its tax contributions to about 62 per cent within two years.
The financial growth trajectory is clearly aligning with the observed rebound for the telecom operator from heavy foreign exchange-related losses recorded in previous years.
Otherwise, whereas MTN Nigeria was happy pumping over N878bn into the nation’s tax coffers in 2025, within the same period, it was proud to post a profit after tax of N1.11 trillion, while total revenue jumped by 54.8 per cent to N5.20 trillion.
Within the period also, operating profit also climbed significantly to N2.08 trillion from N778.2 billion recorded earlier.
