The
Federal Government will open talks with MTN Nigeria over the N780 billion
fines, imposed on the telecommunications giants after confirming receipt of the
N50 billion part payment made by the firm.
The
Nigeria Communications Commission (NCC) imposed the over N1trillion fine cut to
N780billion, for Subscriber Identity Module (SIM) card infraction.
The
government also yesterday confirmed that the firm has withdrawn the suit it
filed before a Lagos Highr Court challenging the regulator’s action.
According
to the Federal Government, with the “down payment,” the coast is now clear for
it to listen to further talks on the matter.
Minister
of Communications Technology Adebayo Shittu who confirmed the payment, said the
development was in line with what the government asked the firm to do.
A
statement by the minister’s Senior Assistant (Media) Victor Oluwadare,
explained that the receipt of the N50billion payment will allow the Federal
Government to entertain further negotiation on the fine with MTN.
“It
is now confirmed that MTN has made a down payment of N50 billion and withdrawn
the case against NCC pending negotiation on the settlement (of the outstanding
N730billion)
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