The debate and issues raised by the $5.2 billion fine imposed on MTN Nigeria by the NCC are yet to be resolved but it seems that there may be an end in sight soon.
Buhari, Zuma to meet on $5.2 billion fine
The Federal Government had announced earlier last week that the final decision on whether MTN would pay the fine in full would be determined by the president.
The Forum on China-Africa Co-operation will hold from December 4-5, 2015 and apart from providing a platform for robust discussions on trade, it will also offer a channel for sensitive diplomatic discussions.
The forum will make for a perfect setting for President Muhammadu Buhari to meet with South African President Jacob Zuma to iron out a solution on the issue.
The Federal Government had announced earlier last week that the final decision on the MTN fine would be determined by the president.
TimesLive reports that sources confirm that the two presidents will most likely meet on the sidelines of the forum to map out a way forward as regards the fine.
Nigeria is MTN’s biggest market and the company has already lost about $4.2 billion in value after news of the fine imposed on it by the NCC broke.
The South Africa-based company was fined N1.04 trillion for failing to deactivate unregistered SIMs despite the Commissions directives.
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