The Nigerian Communications Commission (NCC) has called stakeholders’ attention to the status of the payment of the N330 billion fine it slammed on MTN over its refusal to disconnect unregistered telecoms subscribers on its network. Out of the total sum, NCC said MTN Nigeria had only paid N110 billion representing only one-third of the fine and is expected to pay the remaining N220 billion to completely settle the fine.
The fine, the highest of its kind, drew global attention and resulted in several resignations at MTN Nigeria. It would be recalled that the regulator initially ordered the operator to pay N1.04 trillion in October 2015 for the over five million unregistered line. This was subsequently reduced to N330bn following negotiations involving the NCC, federal government and MTN.
Explaining the payment plan, NCC head said the operator is expected to settle the fine over a period of three years. This agreement was reportedly signed by all parties and was aimed at ensuring the survival of the company in spite of the fine.
NCC boss said, “Current evaluation report of the state of the industry suggests that whilst not understating the impact of other external and fiscal issues confronting the sector, that most challenges negatively affecting the health of operators in the sector today are attributable to poor governance issues.
“It is currently rejigging its regulatory oversights in the areas of ensuring that consumers get cost effective value for money spent on telecommunication services; and that service delivery by providers are qualitative and efficient.
As an Amazon Associate, TechCity may earn a small commission if you shop these products.
INIU Portable Charger, Slimmest 10000mAh 5V/3A Power Bank, USB C in&Out High-Speed Charging Battery Pack, External Phone Powerbank Compatible with iPhone 15 14 13 12 X Samsung S22 S21 Google iPad etc
$17.99 (as of April 24, 2024 07:25 GMT +01:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Amazon Basics Adjustable Guitar Folding A-Shape Frame Stand for Acoustic and Electric Guitars with Non-Slip Rubber and Soft Foam Arms, Fully Assembled, Black
$16.14 (as of April 24, 2024 07:25 GMT +01:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Simple Modern 40 oz Tumbler with Handle and Straw Lid | Insulated Cup Reusable Stainless Steel Water Bottle Travel Mug Cupholder Friendly | Gifts for Women Men Him Her | Trek Collection | Almond Birch
$29.99 (as of April 24, 2024 07:25 GMT +01:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Etekcity Food Scale, Digital Kitchen Scale, 304 Stainless Steel, Weight in Grams and Ounces for Baking, Cooking, and Meal Prep, LCD Display, Medium
$12.49 (as of April 24, 2024 07:25 GMT +01:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
WaterWipes Plastic-Free Original Baby Wipes, 99.9% Water Based Wipes, Unscented & Hypoallergenic for Sensitive Skin, 60 Count (Pack of 12), Packaging May Vary
$39.97 (as of April 24, 2024 07:25 GMT +01:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Acer USB Hub 4 Ports, Multiple USB 3.0 Hub, USB A Splitter for Laptop with USB C Power Port, USB Extender for A Port Laptop, Windows, Linux, Acer PC and More (2ft)
$9.99 (as of April 23, 2024 07:25 GMT +01:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
SightPro Magnetic Privacy Screen for MacBook Pro 14 Inch (2021, 2022, 2023, M1, M2, M3, Pro, Max) Removable Laptop Privacy Filter Shield and Anti-Glare Protector
$29.99 (as of April 23, 2024 07:25 GMT +01:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
45W USB C Chromebook Charger Replacement Compatible with HP, Dell, Lenovo, Acer, Asus, Samsung, Google Type C Laptop Charger, Hp Chromebook X360 11 13 14 14A HP Spectre X360 13 Elite X2 Power Cord
$9.99 (as of April 23, 2024 07:25 GMT +01:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Mac Book Pro 85W Charger Replacement for Mac Pro 15-Inch 13-Inch 2012-2017 Retina Display Ac 85W 2 T Connector Power Adapter, Laptop Charger Compatible with Mac Pro(Late 2012-2017)
$19.99 (as of April 23, 2024 07:25 GMT +01:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
