The Federal Government
says MTN had paid N80bn of the N330bn fine imposed on it for failing to
deactivate more than five million unregistered SIM cards.
The Minister of Communications, Mr. Adebayo
Shittu, said that the company paid the sum for the first year.
It will be recalled that MTN was initially
fined $5.2bn (N1.04tn) for failing to deactivate more than five million
unregistered SIM cards but was later reduced to N330bn.
He said, “For the first year, they paid N80bn,
after paying the initial N50bn, and they will have to pay for three years until
they will complete the N330bn.
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