1 March 2016

Nigeria: NCC Confirms Payment of N50 Billion Part Fine By MTN

Photo: William Oeri
(file photo).

The Nigerian Communications Commission, NCC, yesterday, confirmed that the Federal Government received N50 billion from MTN Nigeria towards the settlement of the N780 billion fine imposed on the telecoms firm.

The confirmation came as the Minister of Communication, Adebayo Shittu, denied any role in either negotiating with MTN or directing or receiving the N50 billion from the company.

MTN said, last week, it had withdrawn its lawsuit challenging the fine, and that it had paid N50 billion to the government.

NCC denied knowledge of the negotiations or payment, while ministry of communications admitted the money had been paid.

The disclosure that the ministry received the payment without the knowledge of the NCC angered many Nigerians.

But the minister, Mr. Shittu, said he was told that negotiations took place between MTN and the Attorney General of the Federation, Abubakar Malami, but that he was never involved.

"I have not negotiated with anybody," Mr. Shittu said yesterday. "Remember I was not yet a minister when the matter started. At no time was any file ever brought to me on the matter even after my resumption.

The MTN went to court to buy time, but then realized that they were not likely to win in court, and now they are anxious to negotiate. They only told me unofficially that they were withdrawing the case; that they had gone to the Attorney General of the Federation who, they said, asked them to make some down payment for any negotiation to begin."

More on This

AG, MTN Begin Negotiations On N780 Billion Fine

In pursuance of an out of court settlement, the Federal Government would begin negotiations with MTN Nigeria on the… Read more »

Copyright © 2016 Vanguard. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 900 reports a day from more than 150 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.