Saturday, 27 February 2016

FG CONFIRMS MTN’S N50BN LODGEMENT AS PART PAYMENT




-          The Federal Government has confirmed the payment of N50 billion by MTN as part payment of the N1.04 trillion fine by the Nigerian Communications Commission (NCC).

-          The Special Assistant to the Minister of Communications, Mr. Victor Oluwadamilare, confirmed this to newsmen on Friday.
-          Says payment by telecom company was made with a precursor for an out ofcourt settlement over the matter.
-          NCC had in October 2015, slammed a fine of N1.04 trillion on MTN for its failure to deactivate over 500,000 unregistered subscribers after series of warning.

                          CULLED FROM VANGUARD

No comments:

Post a Comment