Zainab Ahmed, minister of finance, says the federal government sanctions on MTN, was damaging for Nigeria.
Speaking at the 24th Nigerian Economic Summit in Abuja on Tuesday, the minister said the Central Bank of Nigeria is working closely with MTN to resolve the issues around the latest sanctions.
Ahmed said some of the positions of the government was taken, so big businesses and investors don’t take regulators for granted.
“The MTN incident was a very damaging one for us, that was one of the reasons why we have been out trying to engage investors,” Ahmed said.
“But you see, there is a tendency for big business to take regulations and governments for granted. After that incident happened, all the information the CBN has been trying to get in two months actually came. Now, they have almost solved the problem.”
The minister assured investors that there would not be another MTN…
Read More…..The Cable News
