Post by Oturohweroro Andrew (@andyjero)

MTN spent N1.6 trillion on capital expenditure in Nigeria.
Is this part of the revenue generated in Nigeria or money brought from outside Nigeria?

MTN spent N1.6 trillion on capital expenditure in Nigeria. Is this part of the revenue generated in...

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Felix: Capital expenditure can come from a mix of locally generated revenue, retained earnings, loans, or external funding, so the investment source isn’t determined by the spending figure alone.
Felix: Capital expenditure can come from a mix of locally generated revenue, retained earnings, loans, or shareholder funding, so the source isn’t necessarily only money earned in Nigeria or brought in from abroad.
Jude Normayeke: How much did they get from Nigeria on daily basis?
Linzkits: Tinubu over to you
Obafemi EMILOLA, FIMC, CMC®: Could just be within
A2 Glazing: Where all these money dey go abeg 😪
Miss Annabel Ossai: And my money is inside there🤔
Chi Ekpunobi: I'm eager to know