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NCC Fine: MTN backs down, seeks settlement
Telecommunications giant, MTN Nigeria, may have soften its tough stand on the N1.04 trillion fine imposed on it by the Nigerian Communications Commission, NCC, as it prayed a Federal High Court sitting in Lagos to allow the parties to the suit seek ways of settling the dispute out of court.
Counsel to MTN, Chief Wole Olanipekun (SAN), pleaded with the presiding judge, Justice Mohammed Idris, for 60 days to explore the option of settlement out of court. However, counsel to the Attorney General of the Federation, Mr. Dipo Okpeseyi, countered Olanipekun, insisting that parties had been finding it difficult to settle out of court.
Read also: Buhari talks tough, warns MTN, Niger Delta militants
He also urged the court to accept it that all the court papers in the suit had been properly filed and served and that the case was still ongoing.
“This is a matter of national importance. There have been concessions in the past and nothing happened,” Okpeseyi noted.
The judge, in his ruling, adjourned till March 18 for report of settlement or for hearing in the case, adding that all processes filed are deemed as properly filed and served.
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