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MTN Nigeria fined $5.2 billion in 2015 by Nigeria Communications Commission (NCC) is facing a possible hike to $15.6 billion in a bizarre turn of events.
Nigeria’s House of Representatives is about to hike the fine slapped on MTN Nigeria for failing to deactivate the SIM cards of some 5.1 million subscribers as stipulated by an NCC directive.
The NCC initially fined MTN Nigeria $1,005 for each unregistered subscriber totaling to $5.2 billion but a 25% fine reprieve after appeals meant MTN only had to pay $3.4 billion. The NCC immediately increased this bill to $3.8 billion (35% reduction of the $5.1 billion) blaming the hike on a typing error.
The House of Representatives said the fine imposed by the NCC and the subsequent reduction following MTN Nigeria’s leniency appeal was not in accordance to stipulated laws.
Hon. Ehiozuwa Agbonayinma said: “MTN ought to have been fined under both Section 19 and Section 20 respectively with a cumulative penalty of N3.12 trillion, and not N1.04 trillion, which is a gross violation of the combined reading of the NCC Act.”
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Nigeria’s House of Representatives is about to hike the fine slapped on MTN Nigeria for failing to deactivate the SIM cards of some 5.1 million subscribers as stipulated by an NCC directive.
The NCC initially fined MTN Nigeria $1,005 for each unregistered subscriber totaling to $5.2 billion but a 25% fine reprieve after appeals meant MTN only had to pay $3.4 billion. The NCC immediately increased this bill to $3.8 billion (35% reduction of the $5.1 billion) blaming the hike on a typing error.
The House of Representatives said the fine imposed by the NCC and the subsequent reduction following MTN Nigeria’s leniency appeal was not in accordance to stipulated laws.
Hon. Ehiozuwa Agbonayinma said: “MTN ought to have been fined under both Section 19 and Section 20 respectively with a cumulative penalty of N3.12 trillion, and not N1.04 trillion, which is a gross violation of the combined reading of the NCC Act.”
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