Telecommunication giant, Glo Mobile Limited, Nigerian Communications Commission (NCC) and an indigenous company, Megatech Engineering Limited, have been dragged before the Federal High Court in Abuja over an alleged breach of contractual agreement.
They were sued by an indigenous Company, Mosakab Nigeria Limited, and its promoter, Mashood Mustapha, who are claiming over N20 billion as damages for an unlawful contractual agreement breach.
In the suit marked FHC/ABJ/CS/1534/2024, the two plaintiffs pray the court for an order voiding or setting aside the sale of the Spectrum Licence in the 2.6 GHZ Band by Megatech to Glomobile on the ground that the purported sale was accentuated by fraud and illegality.
The suit has Megatech Engineering Limited, Glo Mobile and NCC as 1st to 3rd defendants. In the suit, filed by George Ibrahim SAN of Ogwu James Onoja SAN law firm in Abuja, the two plaintiffs asked the court to order Megatech to honour its monetary obligation of ten million US dollars due to them in their Consultancy Agreement executed on June 29, 2017.
Also, they are praying for an order compelling the NCC to revoke the Spectrum Licence in the 2.6 GHZ Band issued to Megatech in March 2020 at their facilitation as Consultants.
In their statement of claims, the plaintiffs averred that Megatech Company in 2017 consulted and retained their services as consultants to facilitate and secure the procurement of 2.5/2.6 GHZ Band for National Licence operation.
They therefore prayed the court for a declaration that they carried out their obligations as contained in the agreement and that they are entitled to be paid $9,578,947 as the outstanding balance.
Plaintiffs also asked the court to compel the defendants to pay them N50m as the cost of litigation. Meanwhile, Justice Mohammed Garba Umar has fixed March 3, 2026, for the hearing of the suit.