MTN Foundation Celebrates 20 Years of Impact in Nigeria, Unveils New Logo

Emma Okonji

The MTN Foundation celebrated its 20th anniversary with a stakeholder conference in Abuja, highlighting two decades of significant contributions to communities across Nigeria.

The event provided a platform to reflect on the foundation’s accomplishments, unveil a new logo, vision, and mission statement, and launch its Y’ello Impact Report, reinforcing its commitment to sustainable development.

The conference brought together prominent individuals from both the private and public sectors, who gathered to honour the extensive impact of MTN Foundation’s Corporate Social Investment (CSI) over the last 20 years.

A keynote address was delivered virtually by Deputy Secretary-General of the United Nations, Amina J. Mohammed, who commended the foundation as a leading example of CSI in Nigeria.

Mohammed stated, “MTN Foundation embodies the transformative power of public-private partnerships. Its investment in education, healthcare, digital literacy and youth empowerment has touched the lives of countless individuals. By providing scholarships, supporting maternal and child health and helping young people develop skills for the future, the initiatives build resilience in our communities and create pathways for sustainable growth.”

Guests at the event witnessed the unveiling of MTN Foundation’s new vision and mission statements along with its logo, heralding a new era of impactful initiatives where they are most needed.

During the unveiling, Executive Director of MTN Foundation, Odunayo Sanya, emphasised the foundation’s unwavering commitment to fostering sustainable growth within Nigerian communities and expanding its outreach across the country.

“We have evolved over the years, but one constant remains: our desire to do more. We believe that so much more can be accomplished,” Sanya stated.

Sanya articulated the new vision of MTN Foundation, which aspires to enhance the quality of life for all Nigerians and transform communities nationwide.

“At MTN Foundation, we envision a Nigeria where no community is left behind,” Sanya said.
Sanya further outlined the foundation’s mission moving forward, which encapsulated its commitment to holistic socio-economic development.

“Our mission is to consistently enhance the well-being of our communities by fostering investments through collaborations and partnerships in capacity building, health, and economic empowerment,” Sanya said.

Panel discussions featuring recipients from various MTN Foundation initiatives highlighted its significant impact on women’s empowerment, education, music, economic growth, and community development.AMCON Denies Dispute With Heyden Petroleum, Says it  Has Discontinued Pending Litigation
Wale Igbintade

The Asset Management Corporation of Nigeria (AMCON) has denied having any pending dispute with Heyden Petroleum Limited, stressing that all issues between them have been settled amicably.
Some online platforms published that Justice Ambrose Lewis-Allagoa of the Federal High Court, in Lagos, had in suit No AMC/67/2024, granted AMCON an interim order to take over assets of Heyden Petroleum Limited over alleged of indebtedness.
However, a statement signed by Jude Nwauzor, AMCON’s Head, Corporate Communications, the Corporation  said it has formally discontinued its pending litigation against Heyden Petroleum Limited, particularly Suit No. FHC/AMC/67/2024.
The statement added that as a responsible debt recovery agency of the Federal Government of Nigeria, it is not the practice of AMCON to engage in a media trial of obligors who are meeting their obligations.
The statement titled “AMCON Is Not In Dispute With Heyden Petroleum” reads “Our attention has been drawn to a publication in the media regarding to the pending litigation between the Asset Management Corporation of Nigeria (AMCON) and Heyden Petroleum Limited.

“We hereby notify the general public that AMCON and Heyden Petroleum Limited have settled all issues between them amicably, and Heyden Petroleum Limited has demonstrated commitment to meeting their obligations and has been making payments accordingly.

“Given this latest development, AMCON has formally discontinued its pending litigation against Heyden Petroleum Limited, particularly Suit No. FHC/AMC/67/2024.

“As a responsible debt recovery agency of the Federal Government of Nigeria, it is not the practice of AMCON to engage in a media trial of obligors who are meeting their obligation. Accordingly, the general public is urged to disregard any negative commentaries on the relationship between AMCON and Heyden Petroleum Limited”.