MTN, the largest telecoms operator in Nigeria, plans to build its new headquarters in Eko Atlantic, becoming the first telecom company to build in the rapidly expanding coastal city, Chief Executive Officer Karl Toriola said.
The company presently has its headquarters at Falomo, Ikoyi, Lagos.
The move places the telco alongside major corporations such as First Bank, Shell, and TVC, which are among a growing list of companies relocating to the 10-square-kilometre development.
The telecom company CEO made this disclosure on Thursday in Lagos during the launch of MyLagosApp— a digital platform designed to streamline access to essential city services for residents.
He said that beyond connectivity, the operator was committed to making long-term investments in Lagos.
“As part of this commitment, we have acquired a piece of land in Eko Atlantic City, and we will commence construction once we have gotten the equipment.”
The CEO did not reveal a timeline or financial implications.
Eko Atlantic City, an urban development built on 10 million square meters of reclaimed land off the Lagos coast-what used to be the Bar beach, is designed as a self-sustaining metropolis.
MTN’s announcement follows First Bank’s last week groundbreaking ceremony for its new green-certified headquarters in the city, a high-profile event attended by Vice President Kashim Shettima, Governor Babajide Sanwo-Olu, business magnates Aliko Dangote and Femi Otedola, and a host of government and industry leaders.