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

list of countries with the largest economy

1. 1. China: US$19.510 trillion (up 7.9% from 2014) 2. United States: $17.968 trillion (up 3.6%) 3. India: $8.027 trillion (up 8.3%) 4. Japan: $4.842 trillion (up 1.6%) 5. Germany: $3.842 trillion (up 2.5%) 6. Russia: $3.474 trillion (down -2.9%) 7. Brazil: $3.208 trillion (down -2.1%) 8. Indonesia: $2.839 trillion (up 5.7%) 9. United Kingdom: $2.660 trillion (up 3.5%) 10. France: $2.647 trillion (up 2.2%) 11. Mexico: $2.220 trillion (up 3.3%) 12. Italy: $2.174 trillion (up 1.8%) 13. South Korea: $1.849 trillion (up 3.7%) 14. Saudi Arabia: $1.681 trillion (up 4.4%) 15. Spain: $1.636 trillion (up 4.1%) 16. Canada: $1.628 trillion (up 2%) 17. Turkey: $1.576 trillion (up 4.1%) 18. Iran: $1.382 trillion (up 1.8%) 19. Australia: $1.137 trillion (up 3.4%) 20. Taiwan: $1.114 trillion (up 3.2%) 21. Thailand: $1.107 trillion (up 3.5%) 22. Nigeria: $1.105 trillion (up 5%) 23. Poland: $1.003 trillion (up 4.5%) 24. Egypt: $996 billion (up 5.2%) 26. Pakistan: $930.8 billion ...
Post a Comment
Read more

OTUN EKITI

Otun Ekiti is the Headquarter of Moba Local Government Area in Ekiti State. It is located to the North of Ekiti State. It is a nodal town which shares boundary with Kwara State to the North and Osun State to the West. History Of Otun Ekiti Tradition has it that the Oore emerged from the Okun Moba (Moba Sea) in the present coastal area of Lagos with a Calabash containing water in his hand, beads around his neck and a beaded crown on his head. It is also a fact of history that the people of Otun under the leadership of Oore have settled in different places at different times, including Moba near Mushin in Lagos and passing through Ile-Ife before they finally settled at their present location. Some of the places they passed through after Ile-Ife included Akure, Oke Olodun, and Ipole before moving to the present site over 400 years ago. The movement from Ipole (about six kilometers away) to settle at the present site was due to scarcity of water. Water supply was so problematic at Ipole...
Post a Comment
Read more

OGUN STATE GETS NEW POLYTECHNIC

The National Board for Technical Education, NBTE, has granted full approval for the take-off of academic programmes in 18 accredited courses at the newly established Ogun State Polytechnic, Ipokia. The Ogun State Government, which disclosed this on Tuesday, said the approval is with immediate effect. Governor Ibikunle Amosun had in September laid the foundation stone for institution, which at the time he said would commence operations in November The Secretary to State Government, Taiwo Adeoluwa, in a statement, also disclosed that the Joint Admission and Matriculation Board, JAMB, has enlisted the institution on its portal for prospective students of the school to register for the 2017/2018 academic session. He said the accredited courses include Electrical and Electronics Engineering, Mechanical Engineering Technology, Civil Engineering, Building Technology, Architectural Technology, Quantity Surveying, Estate Management and Valuation and Surveying and Geo-Informatics. Others ar...
Post a Comment
Read more