Telecom Mogul, Mike Adenuga's Globacom Refuses To Pay N200Bi

Mike Adenuga, founder and owner of Globacom Limited, one of the biggest telecommunications companies in Nigeria, has refused to pay about N200 billion in spectrum license renewal fees, annual operating levies, and numbering plan fees of his company to the Nigerian government, sources told SaharaReporters. Sources within the presidency accuse the telecoms tycoon of compromising the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta with bribes and promises of presidential intervention to secure his two-year term.

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