MTN sues NCC over N780 billion fine

MTN Nigeria office

Telecoms company, MTN, has gone to court to challenge the Nigerian Communications Commission’s decision to impose a N780 billion fine on the South African firm, two weeks before the deadline for it to pay up.

The NCC sanctioned MTN for refusing to remove over 5.1 million unregistered telephone subscribers from its network.

The regulatory body fined the telecoms operator N1.04 trillion, but later reduced it by 25 per cent after amid pressure and with the intervention of President Muhammadu Buhari.

The NCC also reviewed the deadline from November 16 to December 31, 2015.

Ahead of that date, the MTN Group on Thursday said in a statement from Johannesburg, South Africa, that it was taking legal action over the matter.

According to the firm, since its previous advice to its shareholders on December 4, 2015 that all factors relating to the sanctions were thoroughly and carefully considered, including a review of the circumstances that led to the fine and subsequent reduction by NCC, there were enough grounds upon which to challenge the fine in court.

Claiming to act on legal advice, MTN queried the manner the fine was imposed, describing it as “not in accordance with the NCC’s powers under the Nigerian Communications Act”.

“Accordingly MTN has followed due process and has instructed its lawyers to proceed with an action in the Federal High Court in Lagos seeking the appropriate reliefs,” the telecoms firm said in the statement.

The company said in view of the pending legal action, the company said it would continue to dialogue with the NCC and the Nigerian government in an attempt to reach an amicable resolution in the best interests of all parties.

It advised its shareholders to continue to exercise caution when dealing in the company’s securities until a further announcement.


DOWNLOAD THE PREMIUM TIMES MOBILE APP

Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD: Revealed!!! The Only Way Left of Getting an Extra Large Manhood and also Last Up to 38Mins+. Get the Insider Secret Here


All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.


  • B. Messi

    Nawa o.
    Nigeria under this APC Gwamnenti has become a place where FINES are now negotiated and priced like tomatoes in the market.
    Shocking!
    I thought this was the ‘anticipatory’ money they wanted to use to pay for subsidy and workers salary before Xmas??
    Nawa o. d tin done get K-leg. Na to borrow be dat.
    With the Naira galloping dangerously down south, friends back in Naij also expressed their fears to me that if care is not taken, they are fast approaching a time when a wheelbarrow full of Naira will be required to buy a loaf of bread.
    Scary…

    • Baba B

      Thank God you didn’t mention the money was earmarked for sharing like the PDP would have done. Oloshi!

  • Dr Quack

    This is arrogance to say the least. Honestly the fine is huge, but whose fault? Seems MTN believes that they can slap us on the face and get away with it. With this suing, the Federal Government must ensure they pay the cash, not necessarily for revenue generation, but to teach MTN a lesson. If MTN should win this case, it will send a bad signal to other companies that they can get away with anything in the country.

    Also MTN must be funny, as now its no more a matter of only the FG, but even other Telecom firms will ensure they go down. As them going down, gives rooms for others. If I was the FG, I will first ensure all Gov Departs move from MTN’s services, and use any one that has most stakeholders as Nigerians. From there make announcements that will rock the company, and from there look into other cases they had pending like tax avoidance and customer related issues.

    To those that think MTN going down will lead to lose of jobs. First them going down, is growth for others so they will easily absolve those being sacked. Also we take our sector that is not controlled by Nigerians, away from Non-Nigerians. We can’t beg them to stay in the country, and if they must, they must play by our rules. Patriotism to me, is ensuring they go down with this their boldness.

  • joe

    The f*ckers were embolden, after the government started wavering and dragging its feet. If these guys cannot pay the fine, they should leave the country immediately. A lot of other Telecom firms in the world are dying to get the kind of profit and privileges these f*ckers enjoy in Nigeria!