The Nigerian Communications Commission (NCC)on Monday said telecoms giant, MTN, has paid N165 billion out of the N330 billion fine given to it in 2015 for subscriber identity module (SIM) registration infractions.
Its Executive Vice Chairman, Umar Danbatta,made this known when the MTN Nigeria delegation, led by its Chairman, Dr. Pascal Dozie, visited the NCC’s Headquarters in Abuja.
According to Danbatta, MTN has so far had paid more than 50 percent of the fine following its recent payment of N55billion in March.
He said, ‘I am happy to inform you that our agreement with MTN on how and when to pay the fine has been adhered to.
“Just last month, March, we received a cheque of N55billion from MTN as part of the fine payment plan. This brings the total fine paid by MTN Nigeria to N165billion, that is, more than half of the total fine,’’.
MTN Nigeria Chairman Dr Dozie, speaking during the visit appealed to the NCC to auction more spectrums to further open up the ICT space and improve the country’s economy.