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MTN Pays N165bn Out Of N330bn SIM Registration Fine – NCC

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NCC’s $3.2 billion fine forcing MTN to pull sponsorships and cut entertainment budget

The Nigerian Communications Commission ( NCC ) said that MTN has paid N165 billion out of the N330 billion fine imposed on it due to its inability to disconnect improperly registered SIM cards.

Prof. Umar Danbatta, Executive Vice Chairman of NCC said this on Monday in Abuja when MTN Group, led by its Chairman in Nigeria, Dr Pascal Dozie visited the commission.

In October 2015, the telecom regulator imposed a fine of N1.04 trillion on MTN Nigeria for not complying with government’s rule on deactivation of unregistered SIM cards.

Also, the fine was imposed on MTN for not disconnecting about 5.1 million improperly registered lines in its network within the stipulated deadline.

After several appeals and negotiations including diplomatic intervention by the South African government, the fine was reduced to N330billion.

It initially made a commitment payment of N50billion to the government while the remaining balance of N280 billion was to be paid in six tranches in accordance with the agreements between the regulator and MTN.

“I am happy to inform you that our agreement with MTN on how and when to pay the fine has been adhered to.

“Just last month, March, we received a cheque of N55billion from MTN as part of the fine payment plan.

“This brought the total fine paid by MTN Nigeria to N165billion, that is, more than half of the fine

“It is a whopping sum of money and they have not defaulted and these payments they are making is consistent with the terms of agreement we reached with them ‘’ he said.

He said that the installmental payment was in line with the terms of agreement reached between MTN and the regulatory body.

According to Danbatta, the fine is aimed at ensuring that it is not business as usual but to ensure that the rules of engagement are respected.

“It is also to ensure that the rules governing the telecom sector of the economy is adhered to.

The NCC boss said that the commission would continue to cooperate with the telecom company because of its major contributions to the economic and digital growth of the nation’s economy.

Earlier, Chairman of MTN Nigeria said Nigeria was one of the largest contributors to its market and the visit was to cement the relationship between it and NCC.

Dozie appealed to NCC to auction more spectrums to further open up the ICT space and improve the country’s economy.

MOVIES

Biodun Stephen’s “Muri and Ko” Leads Nollywood Films At The Box Office

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"Muri and Ko" Leads Nollywood Films At The Box Office | Fab.ng

The Nigerian box office witnessed a power shift this week, with Nollywood’s “Muri and Ko” making a surprising climb to the top. Let’s take a closer look at how these films are performing.

Debuting at number six, “Muri and Ko” defied expectations by surging to the coveted second-place position.

This heartwarming story follows the unexpected turn of events for a thief named Muri. After stealing a car, Muri discovers a child inside. Forced to go on the run from the police with a bounty on his head, an unlikely bond begins to form between Muri and the child.

This unique premise and strong performances seem to resonate with Nigerian audiences, propelling the film to financial success.

Hollywood’s action-comedy juggernaut, “Bad Boys: Ride or Die,” continues its reign at the top of the box office chart for the third week. This highly anticipated sequel to the popular “Bad Boys” franchise continues to rake in the big bucks. It grossed an impressive ₦100.8 million this week. With a total haul of ₦216.5 million so far, “Bad Boys: Ride or Die” shows no signs of slowing down anytime soon.

After holding the top spot for three consecutive weeks, “Funmilayo Ransome-Kuti,” a biographical drama chronicling the life of the famed Nigerian activist, has been dethroned by “Muri and Ko.”

This week, “Funmilayo Ransome-Kuti” only managed to secure ₦15 million. The movie dropped down to fourth place with a total gross of ₦156.5 million. While it seems to have lost its initial momentum, “Funmilayo Ransome-Kuti” still holds a respectable position at the box office.

The action thriller film, “Criminal,” took a hit this week. It experienced a significant drop in its position on the charts. Falling from fourth place to sixth place, “Criminal” brought in only ₦8.2 million this week. This brings its total gross to ₦45.7 million. The reason behind the film’s decline in popularity could be due to a combination of factors. These factors can be competition from new releases or negative word-of-mouth.

The Nigerian box office is a dynamic landscape, and these rankings can fluctuate from week to week. However, the success of “Muri and Ko” demonstrates the potential for Nollywood films to capture the hearts and wallets of Nigerian audiences. This can happen with captivating stories and strong performances.

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MUSIC

Victony Drops Debut Album “Stubborn”

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Stubborn: Victony Drops Debut Album | Fab.ng

Nigerian artist Victony, known for his global hit “Soweto,” has finally dropped his debut album, “Stubborn.” This highly anticipated release marks a turning point in Victony’s musical journey.

Victony collaborates with a star-studded lineup. This includes Afrobeats giant Asake, Shallipopi, American rapper Teezo Touchdown, and Guyanese-American star Saint Jhn. This impressive roster blends musical styles. Also, it showcases the rich tapestry of African music for the world.

Released on June 21st, 2024, “Stubborn” is more than just music.

The album is a testament to Victony’s resilience. Three years ago, he was in a near-fatal accident that tragically took his best friend’s life. Victony required extensive surgery and rehab to walk again. The title “Stubborn” reflects his unwavering determination to return to music stronger than ever.

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MOVIES

Kanayo O. Kanayo Vows To Disrupt Any Film Set That Engages The Service Of Actress Angel Unigwe

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Kanayo to disrupt any film set that engages Angel Unigwe | Fab.ng

Veteran Nollywood actor Kanayo O. Kanayo is raising a red flag about working with young actress Angel Unigwe. In a recent Instagram video, Kanayo expressed his frustration with Unigwe’s mother, who he believes is managing her daughter’s career unprofessionally.

Kanayo admitted hearing rumours about unprofessional behaviour but didn’t take them seriously until he had a personal experience. He had apparently cast Unigwe in a film and reached an agreement with her mother, the details of which weren’t mentioned. However, the agreement wasn’t honoured, prompting Kanayo’s public warning.

Furthermore, Kanayo urged other movie producers to avoid working with Angel Unigwe.

He went as far as saying he would disrupt filming sets if he saw her working on a production. This is a serious move in the Nollywood industry. Also, it highlights the level of Kanayo’s frustration and his desire to protect other producers from similar experiences.

He stated,

“I am making this video to protect the entertainment industry in Nigeria. A particular woman has been holding producers to ransoms and it is unfortunate it has happened to me. Unfortunately, she is Angel Unigwe’s mother. A contract is breached by every producer, orally or written and it’s all respected but I found out that immediately this woman takes money from you, everything changes. She took her daughter at 9 pm when the particular date that we agreed hadn’t expired. She came at 9 pm and took her daughter.

“I have gotten reports from people before it happened to me. This is a Clarion call to producers, I beg you in the name of professionalism, from this moment to the first day of July 2024 any set that employs the services of Angel Unigwe, I will come to that set and make sure filming doesn’t hold. Her mother has been threatening many producers.”

 

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