The Federal Government through the Minister of Communication, Mr Adebayo Shittu said MTN Nigeria has
paid N80bn of the N330bn fine imposed on it for failing to deactivate more than
five million unregistered Subscriber Identification Module cards.
Speaking at a recent Forum in Abuja, Shittu said;
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 the fine was later reduced to N330bn.
He added, “For the first year, they paid N80bn,
including the initial N50bn, and they will have to pay for three years until
they will complete the N330bn.
“MTN does not have a choice; when the law was made, it said
for every unregistered SIM card in use, the fine is N200,000; the law never
anticipated that one company will be in violation to the tune of millions of
lines.
“It was inconceivable; so, when the thing was added N200,000
times 5.2 million lines, it came to N1tn plus.”
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