Wednesday 9 December 2015
Why we reduced MTN’s N1.04trn fine —NCC
LAGOS — The Nigerian Communications Commission, NCC, has defended its action to reduce the N1.04 trn fine on MTN Nigeria to N780 billion, saying it acted in the interest of the stability of the telecom sector.
The commission said it weighed all pros and cons and arrived at a decision it considered favourable to all concerned.
Director, Public Affairs of the NCC, Mr Tony Ojobo, said after considering the operator’s admission of guilt, huge investment in the country, the large subscriber base and Nigeria being its largest market, the decision to arrive at the reduction was not too difficult.
According to Ojobo, “MTN wrote the commission, acknowledged that there has been an infraction and are now pleading for leniency. In the past we have also had people plead for leniency on their sanctions.
“At that time, of course the NCC board has not been constituted, no minister, the authority of the president was required for such a decision to be taken in the absence of the minister, and so the commission had to notify the presidency.
“The stakeholders looked at it with all the pros and cons and reduced the fine by 25 per cent. We are aware and conscious of the level of investment MTN has made in this market; they have the largest number of subscribers, it is also important to know that Nigeria remains their biggest market. We have taken all into considerations, and that was what even informed the discussion in the first place. Weighing all of these issues, is why this action has been taken”.
The controversy surrounding the unprecedented One trillion, four hundred million Naira fine the Nigerian Communications Commission, NCC, slammed on MTN Nigeria for allegedly not being able to disconnect about 5.1 million improperly registered subscribers on its network, appeared settled Thursday, last week, when the regulator reduced the fine by 25 percent.
Source: Vanguard
Subscribe to:
Post Comments (Atom)
TRAVELSTART
Popular Posts
-
Most people see Nigeria as a nation in chaos,a boring nation, unfriendly etc, probably these are the reason why most people from other co...
-
Phillip Patrick munches a staggering 13 bowls of cereal a day - onto which he lumps almost 140 spoons of sugar A Father of one is ple...
-
What is Bitcoin? Like paper money and gold before it, bitcoin is a currency that allows parties to exchange value. Unlike it predecess...
-
Sometimes this week a fan accused Linda of purchasing a fake bag and went further to notify the bag designer – Hermes via their social medi...
-
You're thrilled about having a baby, but you're less than excited about the prospect of giving up your hip clothes in favor of te...
-
Written By: Chacha Wabara Being a house wife is perhaps one of the most difficult ‘jobs’ on earth especially for former working wome...
-
Place Your Order Below Mosquitoes cause a lot of diseases like Malaria, yellow fever, chikungunya virus, etc. Its adverse effect on pr...
-
SO YOU THINK YOU CAN WRITE? Prove your skills by writing a feature article based on the following premise; In December 2015, 195 coun...
No comments:
Post a Comment
For Advert/Online Publicity/News Tips
T:08132049041
E:enbazmedia@gmail.com
Facebook: @enbazmedia
Twitter: @enbazmedia