MTN eyes another 5G license as Nigerian govt earns $500m from auction

The Federal Government has generated over $500 million from the 5G spectrum licence auction.

The Minister of Communications and Digital Economy, Issa Pantami, disclosed this at a news conference on the implication of unauthorised use and sale of private mobile radio on Friday in Kano.

Pantami, who was represented at the forum by the Director of Human Resources in the ministry, Dr Famous Eseduwo, said the 5G Spectrum would contribute positively to Nigeria’s economy if well managed.