MTN Group engulfed in loses as SA shuts down its offices in Nigeria

Several MTN offices have been subject to wanton vandalism and destruction across Nigeria. The company made the decision to close all of their stores across the country, in a bid to prevent further protests flaring-up and putting their staff at risk.

The development comes in the wake of attacks on employees in Nigeria Capital, Lagos, Ibadan, and Uyo-seen as a retaliatory action as hundreds of Nigerians embarked on violence and looting of South African firms in several Nigerian states.

MTN said it is working with the relevant authorities and other stakeholders to focus on stabilising the situation both in Nigeria and South Africa and to ensure the safety and well-being of all those impacted by the unfortunate violence.

“We are also looking at coordinating with key stakeholders to work on medium to long term interventions to this situation. As a company, we remain committed to ensuring a peaceful, harmonious and respectful relationship with all our stakeholders across Africa,” said MTN Group.

However, President Muhammadu Buhari’s administration issued a travel advisory against traveling to volatile areas in South Africa following a spate of xenophobic attacks.

Nigeria’s Ministry of Foreign Affairs advised its citizens to avoid traveling to the volatile areas until the situation is brought under control.

The unrest in SA started on September 1, when an old building in the CBD caught fire and collapsed, killing at least three people.

It then spread to two eastern suburbs and to the capital Pretoria, where local media reported shops burning in the Marabastad – a central business area largely populated by economic migrants.

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Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

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