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Home » Gossip » NEWS » Buhari will decide on MTN’s N1.04tn fine- says Shittu

Buhari will decide on MTN’s N1.04tn fine- says Shittu

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Minister of Communication, Bayo Shittu, says only President Buhari will decide on the N1.04 trillion fine Nigeria Communication Commission slammed on the MTN for defaulting in the Sim registration exercise. Shittu said this at the Alliance 4 Affordable Internet Nigeria Coalition conference in Lagos yesterday November 24th
“I don’t think there is any conflicting position on where government stands on the MTN issue. Recall that there were violations which were established against MTN. The violations were to the tune of five million subscribers.
There are many countries where subscribers, in the entire country, are not up to half of the five million. In the case of Nigeria, we had more than five million violations. However, both the government and MTN are on the same page that rules have been broken in this instance. The issue is now before Mr President. He will take the necessary decision at the appropriate time. And the President would do what is best for the public interest. The good thing is that MTN did not contest the fact that they had violated the regulations and guidelines. They never contested it. They admitted they were at fault. They apologized for their role in the saga and they made a commitment that what happened will never happen again. And of course, they made a plea for review of the payment terms,” he said.


Posted by Gistminia on Wednesday, November 25, 2015 - Rating: 4.5
Title : Buhari will decide on MTN’s N1.04tn fine- says Shittu
Description : Minister of Communication, Bayo Shittu, says only President Buhari will decide on the N1.04 trillion fine Nigeria Communication Commissio...
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