Months ago, NCC imposed a huge $5.2 billion fine on MTN for failing to disconnect 5.1 million unregistered SIMs. The fine was later cut down by 25% to $3.9 billion and a deadline of 31st of December was set for the payment of the imposed fine.
However, the South Africa-based Telecom giant has filed a lawsuit challenging the fine imposed the NCC saying they want the court to dismiss the outrageous fine.

Naijatechs.com

In its defense, MTN has a team of elite lawyers which includes - Dr. Gbolahan Elias, A.B Mahmoud, Chief Wole Olanipekun, Tanimola Molajo, Oladipo Okpeseyi, Dr. Oladapo Olanipekun, Prof. Fabian Ajogwu - All of whom are all Senior Advocates (SAN).
Also named as a defendant in the case is the Attorney General Of The Federation (AGF) and Minister Of Justice.

MTN believes that since the NCC is just a regulatory body, it can't assume the powers of the state, especially since it made the regulation, laid down the penalty and also imposed the fined which is to be paid to the commission and NOT the Federal Government.

The company also stated that a deadline of seven days to disconnect over 5.2 million Sim cards was inadequate and impossible to do.

Finally, the company accused the NCC of acting as the legislator, Executor, prosecutor, Accuser, Judge and Beneficiary of the fine imposed on it.
It also stated that the fine of N200,000 for each Sim that wasn't disconnected was simply outrageous and excessive.

Source - Naijatechs.com

They should pay that money with immediate effect or pack out of this country. They think they are wise, they never see anything yet. money mongers n thieves.