FG Says No Going Back On The Fine Imposed On Mtn

The Federal has insists that it will enforce the December 31 deadline imposed on MTN Group Ltd to pay $3.9 billion fine, The Minister of Communications, Mr Adebayo Shittu, stated this while speaking on the fine imposed against the telecoms firms.

 He added that the federal government would not consider an extension to the deadline. The NCC had imposed the penalty on MTN for failing to meet a deadline to disconnect 5.1 million unregistered subscribers as security agencies seek to fight crime in the country.

Meanwhile,Mtn has taken the case before the federal high court insisting that the NCC does not hold the power to impose such fines on the group.