Skip to main content

MTN REFUSES TO MEET UP WITH DEADLINE DATE OF DECEMBER 31

NCC would take a decision on Monday, after confirming that MTN did not pay the N780
billion fine before the close of work on deadline day, December 31,
2015.
A reliable source at the Commission, said: “I can confirm to you that
MTN did not pay the fine before close of work on the 31 December and
so the Commission will take a fresh decision on the issue Monday.
“The telecom operator actually went to court to challenge the fine and
the Federal Government has also lined up very respectable lawyers,
who also counter-sued the company.
“Both cases did not invalidate the fine, which means that MTN should
have honoured the payment deadline. But having not done so, we are
going to come up with a new decision on the fine by Monday.”
Reacting, MTN Nigeria’s External Relations Manager, Mr. Funso Aina
said that “when a case is in court, there is a limit to the comments
that could be made, suffice it to say that based on the lis pendens
rule (pending legal action) all parties are enjoined to restrain from
taking further action until the matter is finally determined.
“Notwithstanding the lawsuit, we will continue to engage with the
Nigerian Authorities to try and ensure an amicable resolution in the
best interests of the company, its stakeholders and the Nigerian
authorities. We urge our customers not to panic as we do not
envisage any disruption to our operations.”source

Labels:

Comments

Post a Comment

Popular posts from this blog

Language and Culture Of Ekiti People

Language & Culture The Ekiti is a sub-group of the Yoruba , and indeed their ancestors migrated from Ile-Ife, the spiritual home of all Yoruba . The local dialect is spoken with slight variations in the different communities, but this does not prevent Ekiti indigenes from understanding each other. Christianity, Islam and traditional religions are all practiced. The people of Ekiti are culturally homogenous and speak a special dialect of Yoruba language known as Ekiti. The dialect however varies across locations, e.g. Otun people (in Moba land) speak a dialect close to that of the Igbominas in Kwara and Osun States; the Oke-Ako, Irele and Omu-Oke people speak a dialect similar to that spoken by the Ijumus in Kogi State. The people of Efon Alaaye also speak a similar dialect to that of the Ijesas of Osun State. Although slight (and in very few locations, somewhat wide) variations exist in the local dialects, the Ekiti people understand each other and communicate pretty well. Poli...
Post a Comment
Read more

PRESIDENCY DISSOCIATES ITSELF FROM # ISTANDWITHBUHARI GROUP

PRESIDENCY DISSOCIATES ITSELF FROM # ISTANDWITHBUHARI GROUP The Presidency formally dissociates itself from the #Istandwithbuhari advocacy group and demands that the group should immediately stop claiming any alliance with the Buhari Administration. The Presidency also demands that the persons behind the controversial #Istandwithbuhari group should stop using President Muhammadu Buhari's name and that of his wife, Mrs. Aisha Muhammadu Buhari to promote themselves and their activities. Among other reasons, we have found it necessary to distance the Presidency from the #Istandwithbuhari group because its premature and ostentatious celebration of the present administration's achievements is totally inconsistent with President Buhari's philosophy of service with humility. While the present administration has indeed recorded significant successes in its priority areas of improving security across the nation, ending the Boko Haram insurgency, curbing official corr...
Post a Comment
Read more

PRESIDENT BUHARI SIGNS 2016 BUDGET INTO LAW

After several months of waiting nigerians can now breathe a sigh of relief President Muhammadu Buhari has signed the 2016 controversial budget into law. The budget signing which took place at a ceremony held inside the executive office of the President at the Aso Rock Villa in Abuja had in attendance, the VP Yemi Osibajo, Senate President Bukola Saraki, Speaker of the House of Reps, Yakubu Dogara as well as some ministers and aides of the president. Presidential spokesperson Femi Adesina confirmed the budget signing The budget signing ends months of bickering between the executive branch and the legislative arm of the Nigerian government. Also, notable is the inclusion of the Lagos-Calabar coastal rail project that was initially removed by members of the “Appropriation Committee” at the National Assembly.speaking at the signing it gives me great pleasure today to sign the first full-year budget of this administration into law. I thank the leadership of the National Assemb...
Post a Comment
Read more