When in July 2015, it was reported
that Shell BP had been fined a staggering amount of $18.7 Billion for
the 2010 fatal oil spill in the Gulf of Mexico, environmentalists
objected that the court was too lenient in its fine.
But when telecoms giant – MTN was recently fined
by the Nigerian Communications Commission (NCC) to the tune of $5.2
Billion for failing to deactivate a whooping 5.2 million unregistered
SIM users, economic analysts described it as an excessive penalty. Some even suggested that it was Nigeria’s way of generating