The problem of fine which NCC Imposed on MTN tellecommunication is quite large and also alarming, and this same fine made their CEO resigned some months back and now, just of recent it was rumored that mtn sued NCC to court cause of the same fine of N1.4tn..
Before this action the money has been decreased to N780billion, but based on this new findings, NCC has said they wont be cowed and if care is not taken, the fine would be increased if the giant telecommunications MTN do not meet up to deadline..
According to the Minister of Communication, it is the right
of MTN to approach the court but there was an infraction, which MTN admitted to
have committed before it pleaded for leniency that led to the reduction of the
fine from N1.4 trillion to N780 billion and the subsequent December 31, 2015
deadline to pay.
“It will surely be fined for violating the rule at the
expiration of the deadline, should it fail to pay the initial fine.”
what do you guys think about this recent development ?
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