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MTN Nigeria cuts energy costs by over N570m

MTN Nigeria has disclosed in its 2023 climate change report that the deployment of three 1.1 megawatts (MW) gas generators has led to a significant reduction in greenhouse gas emissions and lowered its energy costs by over N570 million in its operations.

MTN Nigeria CEO Karl Toriola, said that the MTN Group’s Project Zero which aims to reduce greenhouse gas emissions throughout its footprints and hence improve operational efficiency, includes the company’s net zero emissions goal.

Toriola said that the corporation will reduce energy use, switch from non-green energy sources, and invest in certified climate protection projects with high environmental and social standards in order to offset the emissions that cannot be prevented,

“Our commitment to Nigeria goes beyond connectivity. We recognize the environmental challenges our nation faces, and we are dedicated to being part of the solution. Our investments in sustainable energy and infrastructure are not just good for business; they are essential for the future of Nigeria”, he further stated.

Recall that Nigeria’s Climate Change Act 2021 aims to lower greenhouse gas emissions. The nation wants to achieve net zero as soon as possible in the following decades.

In line with this vision, the Nigerian Communication Commission (NCC) recently announced that it is working towards ensuring a complete move to alternative energy sources by all players in the telecom industry.

In the report, MTN Nigeria revealed that it is partnering with a renewable energy Independent Power Producer (IPP) programme to deploy a Compressed Natural Gas (CNG) power plan to supply both its corporate office, MTN Plaza, and main data center in Ikoyi.

In addition, the company said, it has also installed motion light sensors in buildings and switching centers to optimize power consumption and installed a 56-kilowatt proof-of-concept solar project, delivering more than 4,000-kilowatt hours of clean electricity each month.

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