MTN gets Friday deadline to pay $5.2b fine

The Nigerian Communications Commission (NCC) has extended to Friday the deadline given to MTN to pay a $5.2billion fine.

According to the commission, it sanctioned the telecommunications giant based on security reasons following its failure to deactivate 5.2million unregistered SIM cards.

A source told The Nation that the Commission acted in the national interest and to protect innocent Nigerians from falling victim of terrorists using unregistered SIM cards .

The source was quoted as saying “Although the deadline expired on Monday, we have extended it to Friday to enable all parties to conclude ongoing talks.

“Definitely by the end of the week(Friday), we will issue another statement. We hope that we would have finalised ongoing discussions in the interest of all parties. Our official position will be known by the end of the week”.