FG Extends Nigeria’s N1.04 Trillion Fine


In a new turn of events, the  Federal government has stated that it will not enforce a N1.04 trillion fine imposed on South Africa’s MTN until negotiations have been concluded.

The FG through the Nigerian Communications Commission had slammed the trillion naira fine on the company for failing to disconnect 5.2 million unregistered SIM cards.

Today November 16 was the initial deadline for payment of the fine.

According to MTN, they were still in negotiations with the Federal Govt.

What do you guys think of the fine and FG’s leniency? 

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