By Donald Ugwu
The Federal Executive Council (FEC) on Wednesday approved the payment of N500 million legal fees to lawyers for the recovery of N330 billion fine from the Mobile Telecommunications Network (MTN).
MTN was fined by the Nigerian Communications Commission (NCC) in 2017 for breaching directives on SIM registration.
The Minister of Justice and Attorney-General of the Federation, Malam Abubakar Malami, said this while briefing State House Correspondents on the outcome of the FEC meeting.
According to the minister, FEC’s action is part of the approvals for four memoranda submitted by the Justice Ministry to FEC for consideration.
“The third memo was for approval for the payment of professional fees to the lawyers that were engaged by the federal government relating to the case that was instituted sometime back by the MTN against the federal government in pursuance of penalty of over N1 trillion imposed by government against MTN.
“MTN as you could…