Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,161,972 members, 7,848,920 topics. Date: Monday, 03 June 2024 at 12:02 PM

Insult: MTN Locates West African Headquarters In Ghana - Business (6) - Nairaland

Nairaland Forum / Nairaland / General / Business / Insult: MTN Locates West African Headquarters In Ghana (13234 Views)

Vietnam Stopped Issuing Visas To West African Travellers Because Of Ebola / AVIC International To Set Up Headquarters In Nairobi-kenya At US$ 200m / Re: Insult: Mtn Locates West African Headquarters In Ghana (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (8) (Reply) (Go Down)

Re: Insult: MTN Locates West African Headquarters In Ghana by naijacutee(f): 9:23pm On Jan 12, 2010
Chapelle.S:

[size=15pt]Join "Boycott MTN:MTN Ungrateful to 30 Million Nigerian Subscribers" on facebook and spread the news[/size]

Why should we boycott MTN? As IVY-nerd rightly stated, they are running a business in order to produce healthy returns for their stakeholders, not a gratitude service. Besides, MTN probably shows their gratitude in other ways e.g philantrophic projects and promotional offers. If the business climate in Nigeria is not condusive for their service, then what reason to they have to to locate their headquarters in Nigeria and keep incurring high running costs - (especially by generating their own power)? To me, it doesn't make sense. If any of you were the MTN boss, you would probably do the same, or get kicked out at the next opportunity for losing the company so much money and contributing to the loss in share value due to your personal sentiments. I think we are barking up the wrong tree here. Instead of critisizing MTN for strategically locating their headquarters in Ghana, we should be barking at the government for slacking so much in the countrys infrastructure that  foreign investment is driven away from us. And I think that the word "insult" in the titile is completely unneccesary. We Nigerians are so readily offended by anything because our pride (Or is it jealousy?) will not allow us see things from a different point of view.
Re: Insult: MTN Locates West African Headquarters In Ghana by Akeemos: 9:28pm On Jan 12, 2010
BAC:

You see what i mean, most nigerians have second hand brains they refuse to use, excluding me of course. When it comes to business and what makes a business succeed they always refuse to shift the position of their empty heads. Even if they get a hard knock from thier maker they still refuse to use those brains stuck between their ears.

MTN management does not care about your unemployment people, if you care about that give you rulers a ring. What would make their business increase profit year on year is their business.

To control those empty headed university educated staff in Nigeria is a nightmare to behold. If i have the opportunity to move my business out of Nigeria i will do so quick,

MTN i say congratulation,  wink

I wish I can jam you on the streets of London and u say this again to my face, Only god knows where u would be at the end of it, MF***ER

U THINK U ARE BETTER THAN THOSE BACK IN NIGERIA BECAUSE U ARE IN LONDON, ASSHOLE!!!!!!!!!!!!!!!!!!!!

IDIOT!!!!!!!!!!!!!!
Re: Insult: MTN Locates West African Headquarters In Ghana by naijacutee(f): 9:37pm On Jan 12, 2010
Akeemos:

I wish I can jam you on the streets of London and u say this again to my face, Only god knows where u would be at the end of it, MF***ER

U THINK U ARE BETTER THAN THOSE BACK IN NIGERIA BECAUSE U ARE IN LONDON, ASSHOLE!!!!!!!!!!!!!!!!!!!!

slowpoke!!!!!!!!!!!!!!

Why the rage, emotion and insults? The guy has only spoken the truth. MTN is a business operating to increase their stakeholder value and does not really care. They only care about where they can have low operating costs so that they can maximise their profits. That's the truth, and I don't see how this relates to someone being out of the country. Abi you don't know that many Nigerians abroad will do anything to come back home? (Well, as soon as the business environment is condusive)
Re: Insult: MTN Locates West African Headquarters In Ghana by Nobody: 9:39pm On Jan 12, 2010
who is MTN? A phone company?

and what does their moving to Ghana have to do with Nigerians?
Re: Insult: MTN Locates West African Headquarters In Ghana by Akeemos: 9:46pm On Jan 12, 2010
naijacutee:

Why the rage, emotion and insults? The guy has only spoken the truth. MTN is a business operating to increase their stakeholder value and does not really care. They only care about where they can have low operating costs so that they can maximise their profits. That's the truth, and I don't see how this relates to someone being out of the country. Abi you don't know that many Nigerians abroad will do anything to come back home? (Well, as soon as the business environment is condusive)

Cuteee, WHat brings down cost? investment in the appropriate instruments that would drive it. What has MTN done to sincerely drive this development?
Glo single handed laid an intercontinental submarine fibre cable optic which will bring down the cost of calls to almost free. It has therefore fixed the need of the country in an area which will enable it drive down cost.

Who has made more money?! MTN is just stupid
Re: Insult: MTN Locates West African Headquarters In Ghana by naijacutee(f): 9:57pm On Jan 12, 2010
Akeemos:

Cuteee, WHat brings down cost? investment in the appropriate instruments that would drive it. What has MTN done to sincerely drive this development?
Glo single handed laid an intercontinental submarine fibre cable optic which will bring down the cost of calls to almost free. It has therefore fixed the need of the country in an area which will enable it drive down cost.

Who has made more money?! MTN is just silly

MTN is not being silly. MTN and Glo have different sets of stakeholders with different interests. MTN is a South African company that has already broken even, made its money (possibly from their entry into the Nigerian market). Their goals are different from Glo's goals. They just want to increase their share value and to them, pushing down operating costs is the answer. Glo on the other hand, is a Nigerian company which is relatively newer in the business, when compared with MTN - this means that they are probably looking for opportunities which other phone companies may have missed.  It's stakeholders, being Nigerian are slightly more patriotic and combine their patriotism with their quest for gaps in the market which MTN did not fill. They also want to increase their stakeholder value, but they prefer to do this by making a substantial investment in their underwater cable, to push down customer costs and improve call quality in the hopes that customers will leave other phone networks and patronise them for not only providing the best quality, but also making their business operations favourable to ordinary Nigerians. 
Re: Insult: MTN Locates West African Headquarters In Ghana by reindeer: 10:06pm On Jan 12, 2010
I have always known that MTN should be boycotted.

Nigerians should do more than shout, drop your sims and refuse to recharge for just one week.
Re: Insult: MTN Locates West African Headquarters In Ghana by Spike88(f): 10:09pm On Jan 12, 2010
why all the ranting against MTN. I worked in telecoms for the last 9yrs and was well paid and well exposed. Nigeria's economy had declined year on year whilst the telco's invest in the latest technology just to serve the so called 'enlightened' Nigerian populace in the midst of declining security for their operations. Remember we their staff are also part of their operations. I have worked in many different parts of the country so I have paid my dues.

Nigeria does not deserve the prestige of these companies. Why must they continue to suffer, are they charity organisations? Even I am taking a hiatus and moving to Ghana, abeg! enough is enough! This unrealistic love we have for this our so called country.

Only a blind person will judge companies like MTN negatively. If I went to Central Lagos or even the remote parts of this country and offered 10 random people a slightly more predictable life in another country, guess how many will decline. None I dare say!

We need to bring back the death penalty and firing squad for corrupt leaders (public & private).
Re: Insult: MTN Locates West African Headquarters In Ghana by IykeD1(m): 10:11pm On Jan 12, 2010

Why the rage, emotion and insults? The guy has only spoken the truth. MTN is a business operating to increase their stakeholder value and does not really care. They only care about where they can have low operating costs so that they can maximise their profits. That's the truth, and I don't see how this relates to someone being out of the country. Abi you don't know that many Nigerians abroad will do anything to come back home? (Well, as soon as the business environment is condusive)

Not sure where you got that from, there is a whole lot more other than a condusive business environment that is keeping
Nigerians abroad. You know the usual list, , ,
Re: Insult: MTN Locates West African Headquarters In Ghana by Blenheim(m): 10:22pm On Jan 12, 2010
I think the issue should be a better operating environment.

MTN came into Nigeria in 2001 and enjoyed a tax holiday. At that time there was militancy, no light etc. They passed the costs to Nigerians and surpassed their 10 yr projection within the first 5yrs of operations!

Now that there's amnesty (although there's still no light), they've discovered a better operating environment -Ghana. I think The Ghanaians should be wary!

@jttorrents. A point of correction on the tomatoes-Northern Star Tomato Company, Pwalugu, Upper East Region, which had virtually ceased operations, resumed production a few years ago due to the Obasanjo regime policy of ECOWAS tomatoes. On the other hand, GIPC now takes $300,000 from Nigerian businesses setting up. Fair deal?

I think the Ghana/Nigeria issue shouldnt be blown out of proportion. The issue here is how to create a better business environment for us all.
Re: Insult: MTN Locates West African Headquarters In Ghana by ziga: 10:32pm On Jan 12, 2010
A lot of people are being one sided about this issue.

Truthfully, there is nothing wrong with MTN moving its Ops to Ghana, i'm sure they have very good reasons.

But also, there is nothing wrong with Nigerians feeling vexed about it. According to the information i have so far, nigeria makes up a majority of its customer base. It is kind of like the president of Nigeria, ruling from another country.

IMO, we need ourselves. And if i was MTN, i would be very diplomatic about the matter. e.g. move as much as possible to Ghana for whatever reasons, but still maintain a strong presence in Nigeria.
Re: Insult: MTN Locates West African Headquarters In Ghana by lite5(m): 11:18pm On Jan 12, 2010
where are they making the real money, Nigeria or Ghana?
Re: Insult: MTN Locates West African Headquarters In Ghana by labamba(m): 12:49am On Jan 13, 2010
ayusman16 (m)
Lagos-Naija
Posts: 2645

Offline

Re: Insult: MTN Locates West African Headquarters In Ghana
« #132 on: Yesterday at 04:55:12 PM »
________________________________________
Sometimes i wonder wat Nigerians use in thinking but am sure nt their heads. Nigerians sure have misplaced priorities. So you nw blame MTN, a foreigner country 4 deciding whr 2 locate its headquarter. Let me bring 2 your notice dat even our president does nt find Nigeria good enough. if he did, he wldnt av gone 2 anoda country 4 medical treatment. so why blame mtn. our leaders children do nt attend our substandard schools, they import their guds 4rm abroad etc. so why blame mtn. don't worry our beloveth glo wld soon pack 2 Benin because Nigeria is nt gud enuf.

suyaman
Posts: 4

Offline

Re: Insult: MTN Locates West African Headquarters In Ghana
« #147 on: Yesterday at 07:49:37 PM »
________________________________________
Nigeria is reaping what it has sown. I know many people doing business in Nigeria, including myself and the stories of some of the hassles we endure are amazing.

It is not only the issue of irractic power supply or bad roads, lack of good hospitals and other infrastructure challenges but a general attitude in Nigeria towards business especially foreign business. There is a sense that if you want to do business in Nigeria "you are lucky we allow you to operate here" who must pay homage to so many different people and play by different rules than the rest of the world. When a decision is made that is in best interest of the business like relocating the headquarters to Ghana there is an emotional outburst that they should pack up and leave, and we don't need them anyway. There is a general jealousy and zenophobia in Nigeria towards foreigners. In many cases there is a sense of glee if a Nigerian can "dup" a foreigner or take advantage of them. Many employees have short term thinking about what can i get for myself today instead of how can I help the company grow, and start working against the best interest of the business.

There are all kinds of challenges like Government officials who force companies to pay bribes for everything, tax collectors and local government boys who make life miserable for businesses to operate with uneven policies and collect tax not based on anything concrete. Policies and procedures are kept in the dark so that the officials have power over you and when you "mess up" you must pay them to get out of the situation. Once the business achieves some kind of success all sort of new rules and requirements are tacked onto the business regardless of how it will affect the companies bottom line.

Would you want to locate your headquarters in that kind of environment? We all want Nigeria to succeed and thrive. I love Nigeria but the things mentioned above are the types of things that drive business away from Nigeria, including Nigerian businesses. I think we will continue to see businesses relocating to Ghana until this attitude and operating environment is changed.



IVY-Nerd
Posts: 1

Offline

Re: Insult: MTN Locates West African Headquarters In Ghana
« #153 on: Yesterday at 08:48:58 PM »
________________________________________
Strategically, setting the cost of doing business aside, MTN is up to something. Ghana economy is doing well at the moment, oil money is going to start flowing to the economy 3rd quarter 2010. The economic and political reform Ghanian's past administration put in place have, of course, positioned the country to even do better in the future. Unfortunately, Nigeria's leaderships are too myopic to see this, let alone think strategically, they've been so burried with petty politics rather than doing what is right for the counry.

If we didn't get our house in other, here is what is going to happen: more companies and industries will shift their base to Ghana and send their goods to Nigeria under ECOWAS agreement. How is that going to work? Look no further than the trade agreement that exist between ECOWAS countries. Companies that moves to Ghana will be able to capitalize on this agreement, and send their manufactred goods from Ghana to Nigeria tariff free. Keep in mind that the transportational cost that could make the goods expensive will be lowered once the rail line and roads between Nigeria and Ghana are completed.

Also, the security situation in Ghana makes it more condusive for business. By the time you add all these variables together, couple with higher operational cost of doing business in Nigeria, Ghana looks more attractive.

Nigeria can solve this probllem if we can get our act together.


Beautiful extracts.

I have not stopped laughing as the ngierian mentallity is being displayed here.
Kudos and special exceptions to spike88, Naijacutee, Ayusman and the guys/gals i picked these extracts from.

What actually do we want , should be the first question on our minds. MTN relocates so you drop your SIM so what ?
What would you do if you were a member of a board of a company and you had to pick between settling down your regional HQ in Angola and SA.
of course you would pick SA. Why ??
Its a civil and sane state.
Conducive atmosphere for growth and development
Infrastructures are either in place or being put in place.
The citizens respect themselves and human lives after the turmoil of apartheid.
Not saying Angola wouldn't have shown promises in the past.
As a matter of fact , they housed SAfricans during their trying times but instead of building on this, they've gone down and the lives of their citizens no longer matter.
Lets come back home,
Which business venture can you point out in Nigeria that has stood for 100 years ok, lets try 70 years Ok 50 years
What respect do we have for ourselves or fellow citizens?
What path are we treading that shows we are on the right path?
Sincerely, if you had the means to send your school to Univ. of Ife and Unive. of Accra, Legon which would you pick
Lets not dwell too much on the ills and failings of this nation (no longer great).
The title belongs to Ghana right now.
Check out most of the Big business empires have their offices there now.
By the way , the President of the world, did he branch to see a DOA (Dead of alive)PRESIDENT.
We are not failures but we have failed and keep failing until we analyse ourselves, retrace our steps, tell ourselves the truth (nothing is well with us)and seek for righteousness, truth, justice and REVOLUTION.
Yes, Ghana did not hae these companies 20years ago. It was all Nigeria.
Now, everything is against us and yet we don't tell ourselves the truth.
My fear is that "he who the gods will destroy, they first of all make mad" and we are getting close.
This generation can not be wiped out due to the failings of our leaders.
Enough of blames to MTN, who gave them rights and priviledges, who gave SHELL rights and land, who gave other foreign coys their rights in the country We gave them not only our rights but our birthrights and we now blame them?
No , lets address everything!!!!
Security( where nigerian engrs are being killed ,kidnapped on duty)
Roads & infrastructures( no roads, light,transport poor, no housing arrangement)
Natural resource (our own diesel is now a curse to us) and so much more.
I have been priviledged to work the two main telcos and i can tell you , its not been pretty.
For your info, Glo's main Submarine cable actually has its primary termination in Ghana.
The amount of duty for every equipment bought and brought in by MTN differs to Glo.
Security matters as well as vandalism is no exception and ask telco engrs around, the best hands you can get in the business are the naija guys in MTN and they all want to leave Nigeria for a more conducive place.
Dear friends/colleagues , their's a sign that is hanging on Nigeria and it bodes not well.
My earnest prayer and wish is that Nigeria, the sleeping Eagle shall rise again
Re: Insult: MTN Locates West African Headquarters In Ghana by Ojame(m): 1:22am On Jan 13, 2010
MTN is a private business, and like all private business the bottom line is profit! A decision to locate its head quarters in Ghana has got to be a strategic one, and has no doubt taken on board issues relative to conducting a conducive business. One of these, and perhaps the most important is infrastructure! and this is something sadly lacking in Nigeria. Energy, Road networks,Security, Health, Education, these are all areas where Nigeria fails woefully. Political insecurity, corruption and an unworkable infrastructure are not the components to encourage inward investment. I doubt any of us would invest for long in such an environment!
The solution is clear, we must get the infrastructure developed to the point where confidence is established. It never ceases to amaze me, that the 'leaders' of Nigeria who travel abroad regularly, and see/ benefit from the infrastructure of the countries they visit, for some reason, refuse to really, really push for such development at home. Until that happens, we remain in the doldrums, for without such infrastructure there isn't a nation in the world that can develop. So don't blame MTN, blame Nigeria for not making itself the country of choice for investment.
Re: Insult: MTN Locates West African Headquarters In Ghana by Str8talk: 2:05am On Jan 13, 2010
Spike88 writes "why all the ranting against MTN. I worked in telecoms for the last 9yrs and was well paid and well exposed. Nigeria's economy had declined year on year whilst the telco's invest in the latest technology just to serve the so called 'enlightened' Nigerian populace in the midst of declining security for their operations. Remember we their staff are also part of their operations. I have worked in many different parts of the country so I have paid my dues.

Nigeria does not deserve the prestige of these companies. Why must they continue to suffer, are they charity organisations? Even I am taking a hiatus and moving to Ghana, abeg! enough is enough! This unrealistic love we have for this our so called country.

Only a blind person will judge companies like MTN negatively. If I went to Central Lagos or even the remote parts of this country and offered 10 random people a slightly more predictable life in another country, guess how many will decline. None I dare say!

We need to bring back the death penalty and firing squad for corrupt leaders (public & private)"

1. It is not true that the Nigerian economy has declined. Infact its GDP has grown steadily. In 2008 and 2009 (global recession years), the Nigerian economy still grew. Check World Bank sites and CBN annual reports
2. What prestige of these countries do we not derserve? MTN makes about N1b daily from recharge cards in Nigeria. Are Nigerians owing MTN for calls made? MTN came here to apply for licence. If they see it as a favour to us, let them leave and go back to their 2nd position behind vodacom when all the results are consolidated. Why did Etisalat buy a new licence for $400m if the environment is so unprofitable?
3. Oh, not every Nigerian wants to go abroad. It is not every qualified Nigerian that applies for HSMP or visa lottery. So your bet about 100% proclivity to check out is way off. And by the way, a lot of people from every country on earth will like to relocate to another country where (by definition) life is better. Ghanaians would do so to
4. Yes bring back the death penalty for all part leaders. We need to clean up the place
5. By the way, if MTN sees the matter as an entirely business decision, why does it not try to be consisent and move out of Nigeria completely ans save itself the stress of opearting in this unduly harsh Nigerian environment. The point people are making is that if you can operate (and make 65% of the income that will be used to pay the regional office staff) in Nigeria, then you should be able to have that regional office in Nigeria.
6. By the way, MTN is a South African country. That is a country that has been very ungrateful. The country will not allow Main Street to land their submarine cable in South Africa. Why because it is not a South AFrican company. To get a licence, it needs to dilute its equity and let in some South Africans. Yet Nigeria has given a similar licence to WACS - a wholly South AFrican consortium - the right to land land its submarine cable in Nigeria
I believe that only Nigeria practises naive capitalism or the version that is sanctioned by leaders after they have been bribed. Locating a regional office is not a purely business issue. The last time SA VP came to Nigeria, it was not about world cup, but business. When America's Boeing wanted to relocate its plant within the US, the state that was going to give up the plant lobbied hard to retain it. The lobbyists knew it would not be decided entirely by economists. How often do you see any country's foreign minister travel alone? They are always accompanied by businessmen
And success breeds sucess. When a country that wins an investment wants to market itself, it will refer to existing companies already resident there. So these decisions have multipplier effect
Re: Insult: MTN Locates West African Headquarters In Ghana by Str8talk: 2:22am On Jan 13, 2010
Spike88 writes "why all the ranting against MTN. I worked in telecoms for the last 9yrs and was well paid and well exposed. Nigeria's economy had declined year on year whilst the telco's invest in the latest technology just to serve the so called 'enlightened' Nigerian populace in the midst of declining security for their operations. Remember we their staff are also part of their operations. I have worked in many different parts of the country so I have paid my dues.

Nigeria does not deserve the prestige of these companies. Why must they continue to suffer, are they charity organisations? Even I am taking a hiatus and moving to Ghana, abeg! enough is enough! This unrealistic love we have for this our so called country.

Only a blind person will judge companies like MTN negatively. If I went to Central Lagos or even the remote parts of this country and offered 10 random people a slightly more predictable life in another country, guess how many will decline. None I dare say!

We need to bring back the death penalty and firing squad for corrupt leaders (public & private)"

1. It is not true that the Nigerian economy has declined. Infact its GDP has grown steadily. In 2008 and 2009 (global recession years), the Nigerian economy still grew. Check World Bank sites and CBN annual reports
2. What prestige of these countries do we not derserve? MTN makes about N1b daily from recharge cards in Nigeria. Are Nigerians owing MTN for calls made? MTN came here to apply for licence. If they see it as a favour to us, let them leave and go back to their 2nd position behind vodacom when all the results are consolidated. Why did Etisalat buy a new licence for $400m if the environment is so unprofitable?
3. Oh, not every Nigerian wants to go abroad. It is not every qualified Nigerian that applies for HSMP or visa lottery. So your bet about 100% proclivity to check out is way off. And by the way, a lot of people from every country on earth will like to relocate to another country where (by definition) life is better. Ghanaians would do so to
4. Yes bring back the death penalty for all part leaders. We need to clean up the place
5. By the way, if MTN sees the matter as an entirely business decision, why does it not try to be consisent and move out of Nigeria completely ans save itself the stress of opearting in this unduly harsh Nigerian environment. The point people are making is that if you can operate (and make 65% of the income that will be used to pay the regional office staff) in Nigeria, then you should be able to have that regional office in Nigeria.
6. By the way, MTN is a South African country. That is a country that has been very ungrateful. The country will not allow Main Street to land their submarine cable in South Africa. Why because it is not a South AFrican company. To get a licence, it needs to dilute its equity and let in some South Africans. Yet Nigeria has given a similar licence to WACS - a wholly South AFrican consortium - the right to land land its submarine cable in Nigeria
I believe that only Nigeria practises naive capitalism or the version that is sanctioned by leaders after they have been bribed. Locating a regional office is not a purely business issue. The last time SA VP came to Nigeria, it was not about world cup, but business. When America's Boeing wanted to relocate its plant within the US, the state that was going to give up the plant lobbied hard to retain it. The lobbyists knew it would not be decided entirely by economists. How often do you see any country's foreign minister travel alone? They are always accompanied by businessmen
And success breeds sucess. When a country that wins an investment wants to market itself, it will refer to existing companies already resident there. So these decisions have multipplier effect
Re: Insult: MTN Locates West African Headquarters In Ghana by Str8talk: 2:30am On Jan 13, 2010
Spike88 writes "why all the ranting against MTN. I worked in telecoms for the last 9yrs and was well paid and well exposed. Nigeria's economy had declined year on year whilst the telco's invest in the latest technology just to serve the so called 'enlightened' Nigerian populace in the midst of declining security for their operations. Remember we their staff are also part of their operations. I have worked in many different parts of the country so I have paid my dues.

Nigeria does not deserve the prestige of these companies. Why must they continue to suffer, are they charity organisations? Even I am taking a hiatus and moving to Ghana, abeg! enough is enough! This unrealistic love we have for this our so called country.

Only a blind person will judge companies like MTN negatively. If I went to Central Lagos or even the remote parts of this country and offered 10 random people a slightly more predictable life in another country, guess how many will decline. None I dare say!

We need to bring back the death penalty and firing squad for corrupt leaders (public & private)"

1. It is not true that the Nigerian economy has declined. Infact its GDP has grown steadily. In 2008 and 2009 (global recession years), the Nigerian economy still grew. Check World Bank sites and CBN annual reports
2. What prestige of these countries do we not derserve? MTN makes about N1b daily from recharge cards in Nigeria. Are Nigerians owing MTN for calls made? MTN came here to apply for licence. If they see it as a favour to us, let them leave and go back to their 2nd position behind vodacom when all the results are consolidated. Why did Etisalat buy a new licence for $400m if the environment is so unprofitable?
3. Oh, not every Nigerian wants to go abroad. It is not every qualified Nigerian that applies for HSMP or visa lottery. So your bet about 100% proclivity to check out is way off. And by the way, a lot of people from every country on earth will like to relocate to another country where (by definition) life is better. Ghanaians would do so to
4. Yes bring back the death penalty for all part leaders. We need to clean up the place
5. By the way, if MTN sees the matter as an entirely business decision, why does it not try to be consisent and move out of Nigeria completely ans save itself the stress of opearting in this unduly harsh Nigerian environment. The point people are making is that if you can operate (and make 65% of the income that will be used to pay the regional office staff) in Nigeria, then you should be able to have that regional office in Nigeria.
6. By the way, MTN is a South African country. That is a country that has been very ungrateful. The country will not allow Main Street to land their submarine cable in South Africa. Why because it is not a South AFrican company. To get a licence, it needs to dilute its equity and let in some South Africans. Yet Nigeria has given a similar licence to WACS - a wholly South AFrican consortium - the right to land land its submarine cable in Nigeria
I believe that only Nigeria practises naive capitalism or the version that is sanctioned by leaders after they have been bribed. Locating a regional office is not a purely business issue. The last time SA VP came to Nigeria, it was not about world cup, but business. When America's Boeing wanted to relocate its plant within the US, the state that was going to give up the plant lobbied hard to retain it. The lobbyists knew it would not be decided entirely by economists. How often do you see any country's foreign minister travel alone? They are always accompanied by businessmen
And success breeds sucess. When a country that wins an investment wants to market itself, it will refer to existing companies already resident there. So these decisions have multipplier effect
Re: Insult: MTN Locates West African Headquarters In Ghana by labiyemmy(m): 3:15am On Jan 13, 2010
so? Ghana or Togo? Does that put food on the table of millions of Nigerians whose money they pack in billions to their country?
Re: Insult: MTN Locates West African Headquarters In Ghana by Mariory(m): 5:10am On Jan 13, 2010
Spike88:

why all the ranting against MTN. I worked in telecoms for the last 9yrs and was well paid and well exposed. Nigeria's economy had declined year on year whilst the telco's invest in the latest technology just to serve the so called 'enlightened' Nigerian populace in the midst of declining security for their operations. Remember we their staff are also part of their operations. I have worked in many different parts of the country so I have paid my dues.

Nigeria does not deserve the prestige of these companies. Why must they continue to suffer, are they charity organisations? Even I am taking a hiatus and moving to Ghana, abeg! enough is enough! This unrealistic love we have for this our so called country.

Only a blind person will judge companies like MTN negatively. If I went to Central Lagos or even the remote parts of this country and offered 10 random people a slightly more predictable life in another country, guess how many will decline. None I dare say!

Now I don't want you to take this personally but, I going to be a bit nasty because frankly you deserve it for posting that rubbish.

So if Nigeria is so insignificant that the country doesn't deserve the prestige of such a company, why is said company still maintaing operations in Nigeria? You worked in telecoms for the last nine years and yet have no clue of what you're talking about. Nigeria is currently has the highest subscriber base in Africa and it's still growing. I dare say, Nigeria has made a lot of money for MTN.

You know what I hope you stay in prestigeous Ghana and never head back. One less person to re-educate.
Re: Insult: MTN Locates West African Headquarters In Ghana by Feesha: 5:11am On Jan 13, 2010
Why all the noise about the billions MTN is packing? NITEL had the chance to do that for several decades, they could not. They could not provide the service. It's a pity our memories are so short. Many of us cannot live without our handsets again, because they are vital to our business, social and private endeavours. How's that? It's because MTN and other networks provide the service. Do you know what it costs them to provide the service? They are ORGANIZED. Nigeria is so disorganized! so corrupt. No respect for the RULE OF LAW (or the seven point agenda!), even at the apex level. Is MTN or the whole world not aware of the show of shame surrounding the absence of our President?

It's frightening to think of MTN stopping operations in Nigeria because other networks may follow suit for the same reason(s). Then do we go back to NITEL? Remember that the promise of 6000 Megawatts of electricity failed disgracefully without any cogent reason. Just same old stories.

Fellow Nigerians, the " MTN insult" should be treated as a warning sign. Things are really going bad (is it not already bad?) in Nigeria. Let's be realistic and change the system even from our mindset. WE ARE TOO CORRUPT!
Re: Insult: MTN Locates West African Headquarters In Ghana by Spader9(m): 5:13am On Jan 13, 2010
"WE ARE TOO CORRUPT!"

Get it together Naija.
Re: Insult: MTN Locates West African Headquarters In Ghana by totorimi: 6:23am On Jan 13, 2010
The issue here is not MTN taking there business hub to Ghana. The question is, Is our country investor ready. People come here invest in short term business plans, make their money and take it to some stable economies simple and short. No right thinking business man will sit back and watch his investments go down the drain. With what is going on in Nigeria today can we comfortably say we have gotten it right politically, can we say the power sector is alright now for returns on investment. Can we say corruption has reduced in Nigeria, These are the issues. MTN is a company well positioned for the future and so I believe what informed their decision must be based on futuristic objectives rather than the gains of today. Whether we like it or not except something drastic is done to arrest the present trend we are slidding gradually into oblivion. Its the truth but we know the truth is bitter. We better wake up before it is too late
Re: Insult: MTN Locates West African Headquarters In Ghana by Nobody: 7:32am On Jan 13, 2010
For those of u that feel that it is a great injustice that mtn moved their head office to ghana, then break their simcard and join glo,
Re: Insult: MTN Locates West African Headquarters In Ghana by realborn(m): 8:25am On Jan 13, 2010
@ Post,

Nigeria is not a proactive but reactive entity. What is the noise about MTN relocating? Why are we not carrying out a review technique analysis as to why all these multinationals are relocating? Instead we are considering sanctions and counter unproductive actions. If I may ask, was a contract or agreement signed with MTN prior to commencement of operations in Nigeria? If yes, has the contract been breached? If no then there is a call for sober reflections.

As earlier stated in the course of the thread by fellow NLs, there will be a significant leap in the socio-economic climate of Ghana. More jobs, infrastructural growth and development are ripple effects of this good news.

It was earlier mentioned that MTN makes astronomical profit which is directly proportional to the astronomical cost of operations. If i may ask, what of the astronomical fixed costs which are basic irrespective of location? what of the high percentage that must be set aside for kickbacks, supposed goodwill, bribe and egunje? what of the negative and adverse effect of delays on Building Planning approval on the overall objective and profit?

I congratulate Ghana and I concur with the Corporate Service Executive that MTN moved because of a conducive business environment. It shows some African countries have a resounding legislature as opposed to our thieving, wicked ritualists called politicians.
Re: Insult: MTN Locates West African Headquarters In Ghana by tkb417(m): 8:29am On Jan 13, 2010
Spike88:

why all the ranting against MTN. I worked in telecoms for the last 9yrs and was well paid and well exposed. Nigeria's economy had declined year on year whilst the telco's invest in the latest technology just to serve the so called 'enlightened' Nigerian populace in the midst of declining security for their operations. Remember we their staff are also part of their operations. I have worked in many different parts of the country so I have paid my dues.
Nigeria does not deserve the prestige of these companies. Why must they continue to suffer, are they charity organisations? Even I am taking a hiatus and moving to Ghana, abeg! enough is enough! This unrealistic love we have for this our so called country.

Only a blind person will judge companies like MTN negatively. If I went to Central Lagos or even the remote parts of this country and offered 10 random people a slightly more predictable life in another country, guess how many will decline. None I dare say!

We need to bring back the death penalty and firing squad for corrupt leaders (public & private).

i dont have issues with MTN taking the admin head to another country cos its just a structural change that has nothing to do with the workforce -so we are probably defending the same thought process

but trying to defend a point with rubbish reasons, assumptions that make no sense is the reason why people like BAC say rubbish all in the name of living abroad

try to read your post very well b4 commenting cos u have made no sense

Nigerias economy declining year on year

u must be living in somalia

and what do u mean by this " why must they continue to suffer"
who is suffering?

na wa for people here o; and u don work for 9 years?
Re: Insult: MTN Locates West African Headquarters In Ghana by Amjustme: 8:30am On Jan 13, 2010
Even if u break ur sim card MTN has nothing to loose. How many times do u recharge ur phone daily? Their action wont stop their MAIN customers.
My advise; save ur breathe my brother.
Re: Insult: MTN Locates West African Headquarters In Ghana by richjohn1(m): 8:34am On Jan 13, 2010
Personally I dont like MTN but this campaign 'chapel S' or whatever he calls his name is totally unnecessary he's talking as if he doesnt do business we all do business and its what favours us we'd all do SENTIMENTS APART.Is MTN a caring/gratitude/charity company?  I think We have a problem with E-G-O that's typically our nature.

THE MESSAGE IS CLEAR SET YOUR HOUSE IN ORDER AND OTHER THINGS SHALL BE ADDED TO IT. grin
Re: Insult: MTN Locates West African Headquarters In Ghana by tkb417(m): 8:35am On Jan 13, 2010
You see what i mean, most nigerians have second hand brains they refuse to use, excluding me of course. When it comes to business and what makes a business succeed they always refuse to shift the position of their empty heads. Even if they get a hard knock from thier maker they still refuse to use those brains stuck between their ears.

MTN management does not care about your unemployment people, if you care about that give you rulers a ring. What would make their business increase profit year on year is their business.

To control those empty headed university educated staff in Nigeria is a nightmare to behold. If i have the opportunity to move my business out of Nigeria i will do so quick,

MTN i say congratulation,
undiluted baloney

why the swipe at Nigerians cos of divided opinions?

ur edu hasnt done u any good if u havent learnt to be civil in a public forum.

obo lagido


rich_john:

Personally I dont like MTN but this campaign 'chapel S' or whatever he calls his name is totally unnecessary he's talking as if he doesnt do business we all do business and its what favours us we'd all do SENTIMENTS APART.Is MTN a caring/gratitude/charity company? I think We have a problem with E-G-O that's typically our nature.

THE MESSAGE IS CLEAR SET YOUR HOUSE IN ORDER AND OTHER THINGS SHALL BE ADDED TO IT. grin
i really dont understand the guy at all
Re: Insult: MTN Locates West African Headquarters In Ghana by lovinboi(m): 8:39am On Jan 13, 2010
sum1 said 9ija economy is declines evri yr, lolz, plz back tis up wiv FACTS, coz i knw 9ija macro-economy so far is berra, we r da 2nd largest growin eco in africa, lolz, on dat i wont support U!!! cheesy
Re: Insult: MTN Locates West African Headquarters In Ghana by Ad4(m): 9:34am On Jan 13, 2010
Let us face it, the government of Nigeria should wake up to its responsibilities.How can we be in 2010 and we can not solve common electricity problem embarassed. We are still battling with the rule of law and a sick PDP with its president. Until we get it right, more companies will continue to leave us and the generation next are losing out.
Re: Insult: MTN Locates West African Headquarters In Ghana by maxtop(m): 9:35am On Jan 13, 2010
If MTN came out to say our country is unsafe for biz,they are right. But i want to blame people at the helm of affairs who collects money from this so called stupid people and credit their phone at will. pro.Chukwu Ndukwe is a failure as far as telecomms is concerned in Nigeria. Subscribers are the one paying and suffer heavily on this issue.

Its high time we embrace our own indegenious telecomms provider that has our sympathy at heart and i am talking about GLO. MTN license should not be renewed when it expired.
Re: Insult: MTN Locates West African Headquarters In Ghana by otawa: 9:44am On Jan 13, 2010
Truthfully, there is nothing wrong with MTN moving its Ops to Ghana, i'm sure they have very good reasons.

Let them move. Nigerians dont need to boycot them.

Once their licence is due for renewal. We simply DONT renew it.

We give the licence to other company!

MTN needs Nigeria more than Nigeria needs them!

They can go and make 20% of their profit from Ghana.

HISSS

(1) (2) (3) (4) (5) (6) (7) (8) (Reply)

MTN Data Recharge Card For SME / Diesel Price Drops As Power Supply Improves / Lagos Govt Shuts Down Alade Market Over Environmental Violation

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 112
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.