Despite the challenges
arising from the N330 billion fine imposed on it by Nigerian
Communications Commission, NCC, last year, MTN Group said, yesterday, it
had so far injected over $16 billion in its operations in the country.
Chairman/Chief Executive of MTN Group, Mr. Phuthuma Freedom Nhleko,
disclosed this when he led a high level delegation to NCC headquarters
in Abuja.
Nhleko, who was received by the Executive Vice Chairman, EVC, of the
commission, Prof Umar Danbatta, and his team, said the group had faith
in Nigeria and would be willing to invest more in the sector in the
years to come.
“We had challenges in the past, during the period of the fine, and we
are grateful for the role the commission played towards an amicable
resolution,” he said.
Nhleko, whose visit to the NCC management was a valedictory one as he
steps down as Group Chairman in March, said: “We have a very long way to
go and so ask for spectrum which is the oxygen and life blood to
navigate this long and tedious investment journey. Without spectrum, the
sector will suffocate.”
Nhleko specifically solicited more spectrum allocation and a release of
the one that belonged to Visafone, which equity shares MTN acquired in
2015.
In his response, Prof. Danbatta said: “I like to state that our word is
our covenant. When we take decisions, we are concerned about the
stability of the industry and there is no way we can guarantee it
without considering the dominant status of MTN and its obligations.
“If the dominant status is becoming stringent, we are open to
engagement, we will be guided by what is happening in the market to
ensure the growth and development of the sector.
“The sector has contributed very well to the National Gross Domestic
Product, GDP, and has shown remarkable resilience in this recession.”
Danbatta said the NCC made a case for relaxing fiscal policies towards
the sector to the Central Bank of Nigeria, CBN, adding that the CBN
governor was favorably disposed to request and further engagement,
especially towards major players who desired to import equipment to aid
deployment of broadband infrastructure services and others.
Read more at: https://dailytimes.ng/tech/weve-pumped-16bn-nigerian-operations-mtn/
Read more at: https://dailytimes.ng/tech/weve-pumped-16bn-nigerian-operations-mtn/
Despite the challenges
arising from the N330 billion fine imposed on it by Nigerian
Communications Commission, NCC, last year, MTN Group said, yesterday, it
had so far injected over $16 billion in its operations in the country.
Chairman/Chief Executive of MTN Group, Mr. Phuthuma Freedom Nhleko,
disclosed this when he led a high level delegation to NCC headquarters
in Abuja.
Nhleko, who was received by the Executive Vice Chairman, EVC, of the
commission, Prof Umar Danbatta, and his team, said the group had faith
in Nigeria and would be willing to invest more in the sector in the
years to come.
“We had challenges in the past, during the period of the fine, and we
are grateful for the role the commission played towards an amicable
resolution,” he said.
Nhleko, whose visit to the NCC management was a valedictory one as he
steps down as Group Chairman in March, said: “We have a very long way to
go and so ask for spectrum which is the oxygen and life blood to
navigate this long and tedious investment journey. Without spectrum, the
sector will suffocate.”
Nhleko specifically solicited more spectrum allocation and a release of
the one that belonged to Visafone, which equity shares MTN acquired in
2015.
In his response, Prof. Danbatta said: “I like to state that our word is
our covenant. When we take decisions, we are concerned about the
stability of the industry and there is no way we can guarantee it
without considering the dominant status of MTN and its obligations.
“If the dominant status is becoming stringent, we are open to
engagement, we will be guided by what is happening in the market to
ensure the growth and development of the sector.
“The sector has contributed very well to the National Gross Domestic
Product, GDP, and has shown remarkable resilience in this recession.”
Danbatta said the NCC made a case for relaxing fiscal policies towards
the sector to the Central Bank of Nigeria, CBN, adding that the CBN
governor was favorably disposed to request and further engagement,
especially towards major players who desired to import equipment to aid
deployment of broadband infrastructure services and others.
Read more at: https://dailytimes.ng/tech/weve-pumped-16bn-nigerian-operations-mtn/
Read more at: https://dailytimes.ng/tech/weve-pumped-16bn-nigerian-operations-mtn/
Donald Trump’s chief
counsellor, Kelyanne Conway, 50, resoundingly shattered the glass
ceiling when she became the first woman to lead a presidential campaign
to victory. Speaking at the annual Conservative Political Action
Conference, she said women are the ones constantly trying to tear each
other down. She said:
‘There are a lot of women who just have a problem with women in power.’
‘You know, this whole sisterhood, this whole, “Let’s go march for
women’s rights,” and you know, just constantly talking about what women
look like or what they wear, or making fun of their choices or presuming
that they’re not as powerful as the men around.’
‘This presumptive negativity about women and power – I think it’s very
unfortunate.’
‘I feel very fortunate to have had the opportunity, late in the
campaign, to work with an incredible team … to help him get elected,
particularly against a female candidate.’
‘And Hillary Clinton should be applauded for being willing to serve
publicly.’
Speaking on feminism, she said she doesn’t ascribe to modern feminist
values.
‘It’s difficult for me to call myself a feminist in the classic sense
because it seems to be very anti-male, and it certainly is very
pro-abortion in this context,’ she said to applause. ‘And I’m neither
anti-male nor pro-abortion.’
‘So there’s an individual feminism if you will, that you make your own
choices. I look at myself as a product of my choices, not a victim of my
circumstances. And that’s really, to me, what conservative feminism, if
you will, is all about.’
Read more at: https://dailytimes.ng/world/trumps-female-adviser-kelyanne-conway-says-women-enemies/#
Read more at: https://dailytimes.ng/world/trumps-female-adviser-kelyanne-conway-says-women-enemies/#
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