Business MTN's $3.9bn Fine: Minister Shittu Says Buhari is the 'Oga at the Top'

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The Nigerian government will soon start new talks with South African mobile phone operator MTN to settle a dispute over a $3.9 billion fine, communications minister Adebayo Shittu has disclosed.

"It is (now) for government to meet with them and conclude negotiations," he said, adding that the final decision rests with President Muhammadu Buhari.

Last week, MTN said it had withdrawn a lawsuit against Nigeria over the fine, which originally stood at $5.2 billion.

MTN was fined for failing to disconnect unregistered SIM users and has paid $250 million towards a settlement.


Reuters
 

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