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Green Energy: MTN Nigeria cuts energy costs by over N570m

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MTN Nigeria has said, since it deployed three 1.1 megawatts (MW) gas generators, it has significantly reduced greenhouse gas emissions and lowered its energy costs by over N570 million.

The company disclosed this in its 2023 climate change report.

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 centre in Ikoyi.

In addition, the company said, it has also installed motion light sensors in buildings and switching centres 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.

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, MTN Nigeria CEO Karl Toriola, said.

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

“Our commitment to Nigeria goes beyond connectivity. We recognise 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.

-Leadership

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