Telecom
PDP Alleges Corruption, Calls Buhari Out over MTN Mega Fine

Peoples Democratic Party (PDP) has said that President Muhammadu Buhari and his administration have questions to answer on allegations of corruption that have pervaded the recovery of the N1.03 trillion fine imposed on MTN Nigeria.
PDP also asked the President to explain how the sum was allegedly reduced to N330 billion, especially in the face of allegations that certain interests in the Presidential Villa, said to be very close to the President, “took a bribe of N500 million” before the reduction.
Abubakar Malami, minister of Justice and Attorney General of the Federation (AGF), had after the Federal Executive Council (FEC) meeting on Wednesday, disclosed that the Federal Government approved the payment of N500 million to a team of external lawyers including seven Senior Advocates of Nigeria, who facilitated the recovery of the fine slammed on the telecommunications giant.
Malami said: “The Federal Government engaged the services of lawyers to put up defence on its behalf.
As a result, the parties eventually settled the case amicably. And arising from that settlement, the lawyers were entitled to their fees.
“The Federal Government has now sanctioned the payment of N500 million for the N330 billion agreed upon for the alleged breaches in their (MTN’s) operations.
This amount is less than one per cent of the fee, instead of the internationally recognised fee, which is pegged at five per cent.”
But the PDP noted: “It is, to say the least, disgusting that while this allegation of bribery at the Villa has remained uncleared by the Presidency, President Buhari, the same African Union (AU) Anti-Corruption Champion, on Wednesday, approved the frittering of another N500 million from the same fund, under controversial claims of professional fees to unnamed persons for unspecified services.”
Kola Ologbondiyan, party’s National Publicity Secretary, in a statement , said: “The nation had long expected Mr. President to clear the air on the sordid allegation of bribery in the Presidential Villa.
Rather than progressing in that direction, President Buhari has continued to act as if the demand by Nigerians to know the truth about the alleged bribery in the Villa over the payment of the MTN fine, does not matter.”
The PDP challenged Buhari to disclose the basis for the N500million professional fee, asking: “What due process instruments did he rely upon? Who are these lawyers?
Who contracted them? Under what terms and what services did they render that… beyond the Attorney General of the Federation and the team of lawyers at the Nigeria Communications Commission (NCC) and the Ministry of Justice?”
It added: “Now that it has become clear that the Buhari Presidency is entangled in sleazes over the MTN fine saga, the PDP charges President Buhari to end his concealment of corruption in the villa and show his sincerity by allowing an open inquest into his administration’s dealings on the MTN fine payment.”
Reacting to the accusations, Mr. Bolaji Abdullahi, spokesman for the All Progressives Congress (APC), however, said the Presidency would not be distracted by spurious allegations, coming after Buhari delivered a crucial blow to the PDP, with last week’s declaration of June 12 as Democracy Day.
He insisted the government’s justice machinery, evident in the sentencing of two former governors to jail over corruption charges, would not be slowed down.
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Telecom
Surge in Fibre Cuts Hobbles Service Provisioning

Nigeria’s telecom operators recorded 155, 397 fibre-cut incidents between April and May 2026, and these they blame on why internet or calls suddenly stop working.

Data from the Nigerian Communications Commission (NCC) showed fibre-cut incidents increased from 74 276 in April to a record 79 121 in May, bringing the two-month total to the highest level recorded by the industry.
This represents a 2 428% increase from the 5 934 incidents reported during the first quarter of 2026.
Vandalism remained the leading cause of fibre cuts, accounting for more than 54 000 incidents despite telecom infrastructure being designated as Critical National Information Infrastructure, a classification intended to strengthen protection of key digital assets.
Also road construction constantly damages fiber where iggers and machines tear up buried cables during road repairs or construction.
Even with all these, some state governments make it hard for companies to fix cables quickly across different areas with all manners of fees and levies.
The NCC designation provides for penalties of up to 10 years’ imprisonment for offenders, but operators continue to face widespread infrastructure damage.
Proposed solutions, including Nigeria’s Dig-Once policy and AI-powered fibre sensing technologies, have yet to achieve widespread adoption.
The NCC is developing a cost-based framework for shared underground duct infrastructure, while operators are exploring AI-powered fibre sensing technologies that can detect cable damage in real time and improve network resilience.
Nigeria is pursuing ambitious broadband targets under its National Broadband Plan and has expanded fibre deployment to about 35 000 kilometres.
However, infrastructure protection has not kept pace with network expansion, leaving subscribers vulnerable to unreliable connectivity despite continued operator investment.
Telecom
Helios Towers Secures $29m Facility to Expand Across Africa

Standard Bank has partnered with Helios Towers to provide a $29 million Social Documentary Credit Facility. According to the financial services company, this transaction marks Standard Bank’s first Documentary Credit Facility structured in a Sustainable Finance format.

It notes that the facility will support the procurement and importation of telecommunications infrastructure and related services across Africa.
It will also provide payment certainty to suppliers, while supporting Helios Towers’ working capital requirements and infrastructure expansion programme, the bank adds.
Structured in accordance with the Loan Market Association’s Social Loan Principles, the financing is designed to promote digital connectivity and telecommunications infrastructure development in underserved markets.
This will help Helios Towers further expand its footprint and enhance mobile network coverage and connectivity across the continent.
Helios Towers operates one of Africa’s independent telecommunications tower platforms, enabling mobile network operators to extend coverage across multiple markets.
Standard Bank notes that the facility supports the expansion of tower infrastructure and services, increased network densification and improved connectivity in underserved markets and remote regions across the African continent.
It will also drive digital inclusion and tackle the digital divide while supporting economic growth and socio-economic development.
“This transaction demonstrates the power of innovation in trade finance. By combining a first-to-market Social Documentary Credit Facility with a cross-border funding solution, Standard Bank has supported Helios Towers’ growth ambitions while helping extend digital connectivity to underserved communities across Africa,” says Benoit Samouilhan, global transaction banker at Standard Bank Corporate and Investment Banking.
According to the bank, this facility enables positive social impact by increasing and improving network coverage and connectivity in some of the world’s most remote regions.
“Reliable digital infrastructure is fundamental to Africa’s future growth and development,” says Alex Carter, group finance director at Helios Towers.
“This facility provides us with the flexibility and certainty needed to support our ongoing infrastructure investments while advancing our mission of expanding connectivity across the continent. We value our longstanding relationship with Standard Bank and look forward to building on this partnership.”
Telecom
NCC Begins Stakeholder Consultation on MVNO Business Rules

Nigerian Communications Commission (NCC) will on Thursday convene a stakeholders’ consultative forum to review the draft business rules for Mobile Virtual Network Operators (MVNOs) in Nigeria.

NCC
The forum, scheduled to hold at 10 a.m. at the NCC Annex Office, Mbora, Abuja, is expected to bring together telecommunications operators, industry associations and other stakeholders to provide input on the proposed regulatory framework before its finalisation.
The commission announced the event on its official social media platforms, inviting interested stakeholders to participate in the consultation process.
The engagement is part of the NCC’s efforts to strengthen the regulatory framework for MVNO operations and promote greater competition, innovation and consumer choice in Nigeria’s telecommunications sector.
Mobile Virtual Network Operators are telecommunications service providers that offer mobile services by leasing network capacity from licensed Mobile Network Operators (MNOs), rather than owning spectrum licences or telecommunications infrastructure.
The NCC has identified the MVNO licensing framework as one of its initiatives aimed at deepening competition, expanding access to telecommunications services and driving digital inclusion across the country.
The consultative forum is expected to provide stakeholders with the opportunity to review the draft business rules, make recommendations and contribute to the development of a robust operational framework for the emerging MVNO segment.
The commission is expected to issue further details on the outcome of the consultation after the meeting.
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