Nigeria's President, Muhammadu Buhari, yesterday has directed a re-negotiation of the N789 billion fine slammed on South African telecoms company, MTN, by Nigeria Communications Commission, NCC.
Buhari gave the directive at a joint news conference with South Africa’s President, Jacob Zuma in Abuja, following which Nigeria and South Africa signed over 30 bilateral agreements.
According to our correspondent , this came as the South African President promised to return Nigeria’s confiscated arms purchase funds seized by the South African government. Buhari also said the reluctance of MTN to register all subscribers’ lines within the deadline, was the reason for the sanction imposed on it by the NCC, noting that the delay led to the death of no fewer than 10,000 Nigerians in battle against Boko Haram.
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