MTN listing has empowered Nigerians, says NCC


The Nigerian Communications Commission (NCC) yesterday said it had succeeded in empowering Nigerians to own, control and manage one of the dominant telecommunications companies in the country with the MTN listing on the Nigerian Stock Exchange (NSE).

Addressing reporters in Abuja, its Executive Vice Chairman, Prof. Umar Danbatta, said the listing followed the settlement agreement reached with the telecommunications firm to pay N330 billion in fine to government coffers.

READ  Farmers, agro-allied bodies expect ‘next level’ interventions in agric sector

He said the company had paid N235 billion of the sum.

Recommended For You

Leave a Reply