Glo Risks Disconnection Over N1 Billion Debt To FCDA

Mobile Communication giants, Globacom, risks having its operations cut off by the Federal Capital Development Authority, FCDA, over an outstanding N1 billion-naira debt.

Investigations by THE WHISTLER show that FCDA officials were concerned over Glo’s failure to pay for the use of communication duct.

Telecommunications ducts are used for fiber optic cable installations.

This newspaper gathered that the FCDA is poised for a showdown with Glo, described by officials as a major debtor.

There are concerns that the mobile company faces mass disconnection of its services in the days ahead

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Glo has over 45 million subscribers as at December 2018, making it the second largest network operator in Nigeria.

FCDA officials who spoke off-the-record said for months, the agency had groaned under severe constraints because of unpaid debts from Globacom which is said to be over N1 billion. 

The officials accused Glo of deliberate failure to pay up their bills.

Glo Risks Disconnection Over N1 Billion Debt To FCDA 1
Members of the finance and general-purpose committee lead by the chairman, Hon Hussaini Monguno on an inspection of telecom duct site

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