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Between December 2015 and March 2016, the Nigerian Communications Commission (NCC), remitted N70 billion into the federation account.
The amount according to a statement issued by the commission is in addition to the N30 billion paid by MTN Nigeria Communications Limited as part payment of the N330 billion fine slammed by NCC and the $96 million paid by the same MTN, for 5 MHz of 6 slots of 30MHz in the 2.6GHz band auction that it won recently.
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