The Federal government asked telecommunication service provider, MTN
Nigeria to pay N50b for its violation of Subscriber Identification
Module (SIM) card registration laws, the Minister of Communications said
MTN was fined N1.04 trillion by the Nigerian Communications Commission
(NCC) for failing to register its subscribers in accordance with laid
down rules and regulations.
The downward review of the fine by 25 percent as well as payment of N50b
by the telecommunication company later led to investigation of the
issue by the House of Representatives.
Adebayo Shittu told the House of Representatives that his ministry asked
the telecommunication firm to pay N50b in respect of the fine.
Shittu, however, said the money was not part of the fine.
The minister stated these while making his presentation on the
diversification of the Nigerian Economy on the Floor of the House on
“MTN took the matter to court but later offered to settle it out of
court. That was why the company was asked to pay N50b as a sign of
commitment to the new deal,” he said.
He added that negotiation for review of the fine has been stalled due to ongoing investigation of the matter by the House