South African telecoms company MTN is in talks with Nigeria's telecoms regulator to reduce the $3.9 billion fine imposed for its failure to disconnect unregistered sim cards and arrange gradual payment, President Muhammadu Buhari said on Tuesday.
Telecom giant in talks with Nigeria regulator to cut $3.9B fine and plan payment - Buhari
The president made the comment at a joint news conference with his South African counterpart Jacob Zuma
President Muhammadu Buhari meets with South African counterpart, Jacob Zuma on March 8, 2016.
The Nigerian president made the comment at a joint news conference with his South African counterpart Jacob Zuma following talks between the pair at the start of the latter's two-day state visit to Africa's most populous nation.
The South African company has so far paid $250 million after dropping a legal case against the Nigerian Communications Commission (NCC).
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
My govt recruited 5,000 workers in 7 years – Obaseki
Tinubu salutes workers as they await new minimum wage
MNJTF intensifies operation to eliminate Boko Haram, ISWAP in Lake Chad
756 schools to compete in Anambra sports festival
Residents protest plan to withdraw security from Edo ijaw communities
Gov Sani unveils ₦500m loan scheme for Kaduna workers
Obi salutes Nigerian workers amid countless obstacles and hurdles
Lagos community begs Tinubu to stop Umahi from implementing Lagos-Calabar road design
How we nurtured Anambra UTME candidate to score 324 in JAMB - LG Chairman
ADVERTISEMENT