Nigerian President Muhammadu Buhari will make the final decision on a $3.9 billion fine on South African cell operator MTN, the telecommunications minister said on Tuesday.
Adebayo Shittu also told reporters that MTN might be advised to withdraw a court case filed against the fine.
“If they withdraw it creates a better environment, an environment where there is no stress or pressure on either side,” he said.
Nigerian minister sees no out-of-court settlement with MTN on fine
Nigeria expects no out-of-court settlement with South Africa’s cellphone operator MTN over a $3.9 billion fine unless MTN withdraws its lawsuit, its telecommunications minister said.
MTN had filed a suit after the Nigerian telecommunications regulator imposed the fine for failing to disconnect users with unregistered SIM cards.
“As far as we are concerned, there can be no out-of-the-court settlement except if it’s taken out of court,” Adebayo Shittu told reporters. “I’m not aware of any out-of-the-court settlement.”