The Nigerian
Communications Commission, NCC, on Monday confirmed the Federal
Government received N50 billion from MTN Nigeria towards the settlement
of the N780 billion fine imposed on the telecoms firm.
The confirmation
came as the Minister of Communication, Adebayo Shittu, denied any role
in either negotiating with MTN or directing or receiving the N50 billion
from the company.
MTN said last week it had withdrawn its lawsuit challenging the fine, and that it had paid N50 billion to the government.