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Nairaland Forum / Science/Technology / Phones / MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine (9988 Views)
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MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by Priscy01(f): 5:18am On Mar 31, 2017 |
MTN has made a payment of 30 billion Naira ($98 million) to the Nigerian government in part settlement of a 330 billion naira fine imposed on the telecoms group for not disconnecting unregistered SIM cards. According to Reuters reports, an MTN source revealed on Thursdayf that the Arica’s largest telecoms company has already paid 80 billion naira of the total amount owed. The fine is due for payment in six instalments over three years. MTN Nigeria was originally fined $5.2 billion last October for failing to deactivate more than five million unregistered SIM cards, but the fine was reduced in a settlement that paved the way for MTN to list its subsidiary on the Nigerian Stock Exchange. Nigeria has been cracking down on unregistered SIM cards, concerned that they are used for criminal activity in a country fighting an insurgency by Islamist militant group Boko Haram. MTN, which operates in 20 countries, had set aside $600 million last year to pay the fine. ($1 = 305.45 naira) Source: http://mobile.reuters.com/article/idUSL5N1H76GR 1 Like
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Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by heritage2009(m): 5:25am On Mar 31, 2017 |
FTC. A NICE MOVE AGAINST MTN 3 Likes 1 Share |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by MakeADifference: 5:33am On Mar 31, 2017 |
Next story FG shares ABC billionon Next Story Breaking! EFCC traces XY billi to minister, governor's association And in another story FG: $X billion dollars refund. How we spent it. And the Nigeria story continues 40 Likes 4 Shares |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by Nobody: 6:35am On Mar 31, 2017 |
MakeADifference:You are true Nigerian.... 29 Likes |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by benuejosh: 6:51am On Mar 31, 2017 |
if it was one administration i knew, they won't have paid. It would have been "business as usual." Money exchange hand and case closed. But i now know of an administration, when they mean you, you pay to the last dime. Refusal to corporate and you find yourself suddenly developing white hair in a prison that i know. 12 Likes |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by Earth2Metahuman: 7:24am On Mar 31, 2017 |
They should pay it into my account. Lemme help nigeria manage it or atleast make it a compensation for everything that yellow had done to me |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by ORACLE1975(m): 7:31am On Mar 31, 2017 |
bad story |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by Justuceleague2: 7:31am On Mar 31, 2017 |
Mo money |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by jejemanito: 7:31am On Mar 31, 2017 |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by awa(m): 7:32am On Mar 31, 2017 |
How many are we in Nigeria self.... APC and Buhari should just bring the 30 Billions let's share it because I don't trust the present administration. Pls hit like if you are in support of the preposition. 20 Likes |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by LILGWANZ(m): 7:32am On Mar 31, 2017 |
SO these telecom operators dey make such money |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by Moreoffaith(m): 7:32am On Mar 31, 2017 |
My 150 they deducted last week without explanation is part of the money oo 12 Likes |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by slimderek(m): 7:32am On Mar 31, 2017 |
Tale as old as time, True as it can be Barely even friends |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by celestialAgent(m): 7:32am On Mar 31, 2017 |
F |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by Amipego: 7:33am On Mar 31, 2017 |
In the end, they'll tell you there's no money. Buhari's a f00l 2 Likes |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by Nobody: 7:33am On Mar 31, 2017 |
Tati billion for my account 3 Likes 1 Share |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by PenisCaP: 7:33am On Mar 31, 2017 |
Later the money will go down d drainage without seeing anything significant done with it. Later our hypocrite president will come out n say "im fighting corruption".. 5 Likes 1 Share |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by Nollynude: 7:33am On Mar 31, 2017 |
benuejosh: What is this one saying 8 Likes |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by Heromaniaa: 7:33am On Mar 31, 2017 |
That's what they've been using all the illegal money they have been withdrawing from my account to do. Robbing Peter to pay Paul. Read my hilarious diary on the link below. If you don't laugh, send me your address, I'd send you PIZZA. THEMADMAN'SBLOG |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by hedonistic: 7:33am On Mar 31, 2017 |
Davido predict am. 30 billyon for the account eh... |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by ibkgab001: 7:34am On Mar 31, 2017 |
Siki Siki ma mii Owo wole de... In Davido's voice 30 billion for the account OOO babyyyyyyyyyyuyuuuu Aba kayari TGIF |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by Amipego: 7:34am On Mar 31, 2017 |
benuejosh:U be mumu. Aswear 5 Likes |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by henrydadon(m): 7:34am On Mar 31, 2017 |
the question now is how is the money going to be spent 1 Like
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Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by henrydadon(m): 7:36am On Mar 31, 2017 |
MakeADifference: how can you forget " very big huge snake killed in my backward" " flying bird turn to old woman after hitting nepa pole" 1 Like |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by xreal: 7:37am On Mar 31, 2017 |
No wonder my 100mb just dey disappear anyhow within 1 hour. When I call customer care, they ask 'have you been using Watsapp in the last 1 hour?' 1 Like |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by awa(m): 7:39am On Mar 31, 2017 |
Amipego: Bros no be only Mumu problem but some people IQ naturally dey low which is not God's fault. If we don't share the 30 billions individually, I don't believe this news 2 Likes |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by jbhill(m): 7:39am On Mar 31, 2017 |
How many are we in this con3ry? |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by SFSNIPER(m): 7:43am On Mar 31, 2017 |
How much remain abeg? |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by sakalisis(m): 7:44am On Mar 31, 2017 |
Good |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by belovedbabs(m): 7:44am On Mar 31, 2017 |
awa: Preposition! Preposition! No, I am only in support of the pronoun+ |
Re: MTN Pays 30 Billion Naira In Part Settlement Of Fg’s Fine by holluwai(m): 7:47am On Mar 31, 2017 |
30 Billie |
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