We Are Yet To Get MTN’s N50b—FG

NCC MTN
The Federal Government says it is yet to receive the said N50 billion reportedly paid “in good faith” by MTN Nigeria after it dropped a court case earlier instituted against the Nigeria Communications Commission, NCC.

Earlier on Wednesday, it was reported that the telecoms giants has withdrawn the matter from court and had paid N50 billion as a way of settling the case between them amicably and continue with further negotiations.

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But Special Assistant to the Minister of Communications, Victor Oluwadamilare, told Vanguard in an interview that the development had not been made official.

“That has not been confirmed and I can confirm to you that the situation is still being studied. To the best of my knowledge, the amount announced is not the fine they are expected to pay. Federal Government is still studying it,” Oluwadamilare said.

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Furthermore, he said, “They decided to go to court and never wanted an amicable settlement. If they now want settlement, there has to be an official statement on that soon.”

It would be recalled that the NCC imposed a fine of N1.04 trillion on MTN Nigeria for not deactivating mobile lines of over 500,000 unregistered subscribers on its network.

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