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Home Business News

What President Buhari Just Said Concerning $3.9 billion MTN Fine

Editor by Editor
March 8, 2016
in Business News, Spotlight
What President Buhari Just Said Concerning $3.9 billion MTN Fine
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President Muhammadu Buhari on Tuesday, said that the Federal Government is in talks with MTN over the $3.9 billion fine imposed on it for failing to disconnect unregistered sim cards, whilst arranging a gradual payment plan with the South African telecoms giant, Reuters reports.

Buhari disclosed this in a joint news conference with his South African Counterpart Jacob Zuma who is on a two-day visit to Nigeria.

MTN paid $250 million (N50 billion) last week after dropping a legal case against the Nigerian Communications Commission.

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