ADVERT

Saturday, 27 February 2016

We Have Paid N50 Billion To NCC – MTN

MTN Group appears to have paid about N50 billion out of the N780 billion fine imposed on it by the Nigerian Communications Commission (NCC). 

The company, in a statement, explained that the payment was made “on the basis that this will be applied toward a settlement, where one is eventually, hopefully arrived at.
MTN also agreed to withdraw the matter from the High Court in Lagos to achieve an “amicable settlement.
“In renewed steps towards a negotiated settlement and to create a conducive atmosphere for further negotiations, MTN Nigeria today withdrew its case against the NCC at the Federal High Court of Lagos in response to a request by the authorities. Read more

No comments:

Post a Comment