Femi Fani-Kayode, a former minister of aviation, has shared a list of the majority shaeholders of MTN Nigeria proving that it is not a Nigerian business but South African owned.
In a set of tweets, Chief Fani-Kayode revealed that MTN International, a South African firm owned 70% of MTN Nigeria.
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)
2. Stanbic IBTC Assent Management Limited.
Stake: 9.64%
Worth: N213.7 billion
3. Victor Odili
Stake: 3.96%
Worth: N87.87 billion
4. Mobile Telephone network
Stake: 2.75%
Worth: N60.95 billion
5. Government Employees Pension Fund
Stake: 1.75%
Worth: N38.68 billion (2/3)
6. Pascal Dozie
Stake: 1.67%
Worth: N37.07 billion
7. Sani Mohammed Bello
Stake: 1.3%
Worth: N28.87 billion
8. Babatunde Folwawiyo
Stake: 1.07%
Worth: N23.83 billion
9. Gbenga Oyebode
Stake: 0.89%
Worth: N19.80 billion (3/4)
10. Mallam Ahmed Dasuki
Stake: 0.75%
Worth: N19.35 billion
11. Kari Olutokun Toriola
Stake: 0.005%
Worth: N100.10 million.
2. Stanbic IBTC Assent Management Limited.
Stake: 9.64%
Worth: N213.7 billion3. Victor Odili
Stake: 3.96%
Worth: N87.87 billion4. Mobile Telephone network
Stake: 2.75%
Worth: N60.95 billion5. Government Employees Pension Fund
Stake: 1.75%
Worth: N38.68 billion (2/3)— Femi Fani-Kayode (@realFFK) September 5, 2019
10. Mallam Ahmed Dasuki
Stake: 0.75%
Worth: N19.35 billion11. Kari Olutokun Toriola
Stake: 0.005%
Worth: N100.10 million.— Femi Fani-Kayode (@realFFK) September 5, 2019
