IHS Towers Meets Tinubu, Invests $200m In Green Energy Solutions

IHS Towers, one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count, has said its operations have earned Nigeria a strong foothold in the global telecommunications market.

The company made the assertion after the meeting it held with President Bola Ahmed Tinubu at the sidelines of the United Nations General Assembly (UNGA) in New York recently, a statement by the telecom company said on Wednesday.

The company said it has dedicated a substantial investment of over $200 million to its Project Green initiative, the next significant step in its Carbon Reduction Roadmap.

IHS Towers’ Executive Vice President and Chief Human Resources Officer, Ayotade Oyinlola, said the company’s story epitomises the potential of Nigerian companies on the global stage.

“In an era where connectivity serves as the lifeblood of societies and economies, IHS Towers stands as a beacon of success, demonstrating how a company that started in Nigeria can expand to become a global powerhouse.

“In a little over two decades, IHS has evolved into a multinational communications infrastructure leader with operations in 11 countries across three continents, which have a combined population of approximately 780 million people”, Oyinlola said.

He noted that, despite the company’s expansive global footprint, which includes a remarkable global tower count of nearly 40,000 towers across Nigeria, Brazil, Cameroon, Colombia, Côte d’Ivoire, Egypt, Kuwait, Peru, Rwanda, South Africa, and Zambia, the company proudly maintains its Nigerian identity.

IHS Nigeria directly employs over 1,100 individuals throughout the country and an additional approximate 40,000 employees indirectly, including contractors spanning various sectors such as power/energy utility, logistics, real estate, oil and gas, civil engineering, and core telecommunications in Nigeria.