Abuja - MTN's pleas for leniency following a
hefty fine in the country have suffered another setback after the Nigerian
Governors’ Forum (NGF) insisted the company pays the penalty.
The governors body argued the Nigeria Communications
Commission's decision to impose the record N1,04 trillion (US$5,2 billion) was
NGF disclosed its position in a communique issued at the
end of its meeting in Abuja.
The governors also called on the Federal Government
to expedite action in compelling the MTN to pay the fine.
The forum commended the regulatory agency for its strict
compliance and enforcement of the law with regards to the fine issued to MTN
and advised the Federal Government to ensure prompt and full payment.
Also Read: $5.2 billion fine on Nigerian firm is world's largest
“Hence the MTN has accepted that they committed the
offense and has apologized and they are looking for leniency," read
the communiqué signed by NGF Chairman
and Governor of Zamfara State, Abdulaziz Yari.
"We, the governors forum decided to support the NCC
to abide by the laws of the land and the laws of our land do not give leniency
to deliberate offence to our nation."
NCC recently fined MTN for failure to meet a deadline to
disconnect 5,2 million unregistered subscribers.
Following the fine imposed on the firm, its Chief
Executive Officer Sifiso Dabengwa announced his resignation last week.
The network operator records show has already lost
about 24 percent of their share value since the fine was made public.
Appeals for a reduction of the fine have been
- CAJ News