FG asks MTN to pay fine as deadline expires
FG said it was expecting telecoms giant MTN to meet a deadline for paying a record $3.9 billion fine which expires Thursday, despite the South African operator challenging the penalty in court. The Nigerian Communications Commission (NCC), the country’s telecoms regulator, had in October fined the firm for missing a deadline to disconnect 5.1 million unregistered SIM cards, citing security concerns in a country plagued by frequent kidnappings and an extremist Islamist insurgency Boko Haram.
It imposed a whopping $5.2 billion fine, later reduced to $3.9 billion (3.6 billion euros) following an appeal by MTN.
It imposed a whopping $5.2 billion fine, later reduced to $3.9 billion (3.6 billion euros) following an appeal by MTN.
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