MTN agrees To Pay $1.7bn Fine In 3 Years

MTN Nigeria has agreed to pay the $1.7 billion(N300
bn) fine the Federal government slammed on it
following their failure to deactivate 5.1 million
unregistered sim cards. In a statement released
today June 10th, the company said the fine will be
paid within a space of 3 years
“MTN Nigeria has agreed to pay a total
cash amount of Naira 330 billion over
three years”the statement read.