The review of the 700MHz spectrum license sale to MTN Nigeria by the National Broadcasting Commission (NBC) will soon be made public, the Nigerian Communications Commission (NCC) has said.
A top government official who prefer anonymity had said on Tuesday that the possible cancellation of the spectrum sale following the ongoing probe into the activities of NBC.
But NCC’s Executive Vice Chairman Prof Umar Danbatta on Friday told journalists in Abuja that the Frequency Management Council would soon wind up its review and make the outcome public.
He said: “The Frequency Management Council has indeed intervened and the sale is being revisited and very soon the Nigerian public would be informed about this very important intervention.”
He spoke shortly after playing host to the Secretary of the African Telecommunications Union AbdoulKarim Soumaila.
Prof Danbatta said the NCC would not join issue with NBC in public on the matter “but we intend to avail ourselves of existing mechanism for arbitration and mediation through the Frequency Management.”
The NBC Director General Emeka Mba was arrested on Monday by the operatives of Economic and Financial Crimes Commission (EFCC) for allegedly operating a secret account into which about N17 billion out of N34 billion paid by MTN Nigeria for the 700MHz license was kept.
