The federal government has disowned the out of court settlement offer by telecoms firm MTN overthe $3.4 billion fine slammed on it in December last year.
MTN was fined $5.2bn by the Nigerian Communications Commission (NCC) in October for regulatory infractions, but later reduced it to$3.4 billion but MTN later went to court to challenge the fine.
The company on Friday issued a statement, saying it would now settle the case with the government out of court.But the minister of communications Barrister Adebayo on Tuesday in Abuja said the federal government was not aware of any out of court settlement over the fine.
"We are not aware of any out of court settlement on the issue. We will not accept out of court settlement until MTN willingly discontinue the case”, Adebayo said at a press conference where he unveiled the new ICT road map for 2016-2020.
He said MTN wanted to buy time by taking the federal government to court instead of paying thefine.The government would slug it out with the company to the final point, he said.

source:http://www.dailytrust.com.ng/news/general/-3-4bn-fine-fg-rejects-mtn-s-out-of-court-settlement-offer/130765.html

Please MTN, we need money to fund our budget...



You can't escape it in this "No Nonsense" government.

Kikikikiki mtn Don enter wahala

Abi o

MTN is super broke no wonder they keep sending messages and if u are not careful, ur credit will be deducted

Kontinu fooling yourselves! The fine must be paid whether you like it or not.

Sell your company to adenuga...he has room for more

Two words - PAY UP! I think this is God punishing you for all the times you have illegally deducted from my acct.

yemaldo:
Kikikikiki mtn Don enter wahala

Lol dem think say na GEJ "business as usual" era

MTN better wake up and smell the coffee, PMB is not a weakling that can be pushed around. They better withdraw the case and pay up before it is too late. This government ain't got time for messing around.

this is Buhari, not that ogogoro man i nor mention name oh before those guy way they support corruption go come here they fom for mouth like dog............................. i mean those guys...... waiting be there name again? is it em chai pls remind of their name again pls..... Em Biafra

Amazing

SA: Sorry guys, we're off to Iran to buy our oil. Never mind we're on the same continent.

NAIJA: OK then , please tell MTN their license renewal will cost 3.4 Billion USD. They should make it snappy !

Mtn hope dey have a good shocks becos wat is abt to hit them may take them off balance Nigeria nd now Cameroon waiting for more countries to fine them in mtn voice "Nigeria nd Cameroon if u want the money come nd collect"

Emptyhen better pay. We need money to finance the budget.

Emu ti hen: Everywhere gbese