Fresh off its hiking of transfer charges on USSD and just over a year after the Nigerian government somewhat pardoned it for not paying over $2billion in dodged taxes, MTN is looking to drive Nigerian SMEs selling data and airtime out of business.
Knowing that such action would bring undue inconvenience to millions of Nigerians, MTN told the hapless partners to “pacify customers and educate them to use MTNToplt, MoMochannels as well as the debit card options on MODormyMTNApp.” Not only has it long sought to monopolise the telco space, it nearly paralysed Nigeria’s nascent renewable energy sector when it tried to push out independent inverter retailers with its battery product and over the past few years has been trying to get its hand on the cash deposits of Nigerians.Meanwhile, even South Africans don’t seem to trust MTN. For example, at the end of 2019, MTN’s revenue grew by 12.6%in Nigeria and 22.9%in Ghana but in South Africa, revenue only grew by0.4%.
Yes indeed. A government corrupt in every sphere quickly set in motion the destruction of a thriving huge business the greatest employer of labour within the telecommunications sector. A government that ignores antitrust discipline is doomed to fail, in business
Let Nigeria drive MTNNG out too.