FG reviews MTN-IHS deal to align with telecom goals
Federal government reviewing MTN's $6.2B IHS Towers acquisition to ensure alignment with Nigeria's telecom development goals. MTN agreed to buy remaining 75.3% stake in IHS Towers. Minister Bosun Tijani stated government will assess deal impact with regulators. Focus on stabilizing sector, ensuring long-term sustainability, investor confidence, and improved performance through policy clarity and regulatory support. Deal reflects industry resilience and government reforms aimed at delivering meaningful connectivity to Nigerians.