Court orders MTN to pay ex-Nigerian operations manager N4.8bn

Robert Egbe |30th Sep 2017 | 2,367
Court orders MTN to pay ex-Nigerian operations manager N4.8bn

The National Industrial Court of Nigeria (NICN), Akure Division, has ordered MTN Nigeria Communications Limited and MTN International, Mauritius, to pay its former Network Group Operations Manager, Mr Paul Odunewu, $13,419,728.54, £10,000 and N2,540,000 (totalling N4,825,036,735.9) following wrongful termination of employment. Justice Oyejoju Oyewunmi made the order on Wednesday, September 27, 2017 following Odunewu’s suit challenging his 2006 termination and the deprivation of his entitlements including share options valued at $13,144,512.00. MTN Group Limited, South Africa; MTN Nigeria and MTN International, Mauritius were first, second and third defendants in the suit which lasted 10 years from the Lagos State High Court to the NICN. Justice Oyewunmi ordered that the sums be paid by the second and third defendants, “except the issue of costs which is to be paid by all the defendants.

“The judge ordered MTN to make the payments within 30 days following which the sums would appreciate at 21 percent interest per annum. In reaching judgment, the court agreed with the submissions of Odunewu’s counsel, Mr Kemi Balogun (SAN), that MTN unfairly imposed a restraint of trade on Odunewu, thus preventing him from working for a period. The judge upheld Mr Balogun’s submission that the evidence showed that Odunewu neither committed any serious, persistent breach of the provisions of the agreement or the company’s code, nor was ever summoned to a disciplinary committee or found guilty of any misconduct or non-performance.

Justice Oyewunmi observed, among others, that the defendants failed to controvert the testimony of a former MTN Chief Executive Officer, Mr Adrian Wood, regarding the offers made to Odunewu which persuaded him to quit his job in The United Kingdom and join MTN. Odunewu, a UK-based chartered engineer, was employed by MTN Nigeria in 2001. He said MTN pleaded with him to return home from the UK and help the company to develop its telecommunications in Nigeria. He averred that he was promised, among others, a Share Option, a long-term incentive scheme being developed by MTN. Odunewu said when he complained that the Share Option was not contained in his offer letter, MTN persuaded him to accept the job, adding that he would be entitled to the shares after three years.

Odunewu said he worked at MTN for over four years, and was responsible for the network’s outstanding achievements, which continues till date. The former manager said he was responsible for the company’s pre-paid and post-paid revenue, subscription, voucher management and real-time charging. Odunewu commenced the suit against the defendants in 2007 before the High Court of Lagos State, but in 2012, it was transferred to and began afresh at NICN which had exclusive jurisdiction. Trial commenced on January 29, 2014. (The Nation)



Comments

Post Comment

FG constitutes committee to investigate DICON explosion

FG constitutes committee to investigate DICON explosion

DIG Mba’s country home, relatives not attacked – Police

DIG Mba’s country home, relatives not attacked – Police

World’s richest footballer worth more than 40 times David Beckham set to join new club

World’s richest footballer worth more than 40 times David Beckham set to join new club

Otedola to DAPPMAN: Your business model outdated, Dangote transforming petroleum sector

Otedola to DAPPMAN: Your business model outdated, Dangote transforming petroleum sector

How Mr Eazi is quietly building business empire across Africa

How Mr Eazi is quietly building business empire across Africa

Dangote refinery earns world-class endorsement from luxury business jet manufacturer, Bombardier

Dangote refinery earns world-class endorsement from luxury business jet manufacturer, Bombardier

Parents seek relocation of NYSC camps

Parents seek relocation of NYSC camps

5 countries with attractive post-study work visas aside UK, US, and Canada

5 countries with attractive post-study work visas aside UK, US, and Canada

Union-imposed truck charges cause fuel price hikes – Dangote

Union-imposed truck charges cause fuel price hikes – Dangote

Lagos warns transport unions against use of stickers as registration numbers

Lagos warns transport unions against use of stickers as registration numbers

UAE halts Tourist and Work Visa applications from nine countries

UAE halts Tourist and Work Visa applications from nine countries

Children among 5 killed in Israeli drone ‘massacre’ in southern Lebanon

Children among 5 killed in Israeli drone ‘massacre’ in southern Lebanon

My three boys starved to death. I hope angels bring them home, says Afghan mother

My three boys starved to death. I hope angels bring them home, says Afghan mother

Atalanta fans kick against Lookman’s return

Atalanta fans kick against Lookman’s return

Mohamed Salah closing in on niche Premier League record for Liverpool which would oust Wayne Rooney

Mohamed Salah closing in on niche Premier League record for Liverpool which would oust Wayne Rooney

'You won't be seeing them Tuesday!' - Arne Slot rules Mohamed Salah and FOUR other key Liverpool stars out of Carabao Cup third round tie against Southampton

'You won't be seeing them Tuesday!' - Arne Slot rules Mohamed Salah and FOUR other key Liverpool stars out of Carabao Cup third round tie against Southampton

Rohr welcomes FIFA disciplinary proceedings against South Africa

Rohr welcomes FIFA disciplinary proceedings against South Africa

‘Goalkeepers will want to let in Cristiano Ronaldo’s 1,000th goal’ - Ex-Man Utd coach tips Al-Nassr & Portugal superstar to retire after reaching landmark & making more history

‘Goalkeepers will want to let in Cristiano Ronaldo’s 1,000th goal’ - Ex-Man Utd coach tips Al-Nassr & Portugal superstar to retire after reaching landmark & making more history

UK says Israel must not retaliate against Palestinian statehood push

UK says Israel must not retaliate against Palestinian statehood push

Tokyo 2025: Botswana stuns USA to win Africa’s first-ever 4x400m world title

Tokyo 2025: Botswana stuns USA to win Africa’s first-ever 4x400m world title

Monday, September 22, 2025 10:50 AM
ADVERTISEMENT

Follow us on

GOCOP Accredited Member

GOCOP Accredited member
logo

NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.

Contact

Adetoun Close, Off College Road, Ogba, Ikeja, Lagos State.
+234(0)8098020976, 07013416146, 08066020976
info@newsexpressngr.com

Find us on

Facebook
Twitter

Copyright NewsExpress Nigeria 2025