NewsExpress advert FCMB banner
FG budgets $550m to purchase 2 additional satellites for NigComSat

By News Express on 30/10/2016

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 837

The Minister of Communications, Mr Adebayo Shittu, says the Federal Government plans to purchase two additional satellites for Nigeria Communication Satellite (NigComSat)  at the cost of $550 million.

Shittu disclosed this on Saturday while speaking with newsmen at the end of the 4th National Council on Communication Technology meeting in Kaduna.

He said that the Federal Government was already negotiating with China EXIM Bank for the purchase of the two additional satellites for storage of Data.

According to him, efforts are being made to procure two additional communication satellites to complement the existing NigComSat as a means of reaching areas that cannot easily be covered by terrestrial fibre.

“We need just about 550 million dollars to acquire two new satellites; we are already negotiating with China EXIM Bank, who had assured us that they will deliver the money.

“We will negotiate and procure extra satellites for NigComSat,  so that there will be adequate back up for and once this done whatever data is stored in one satellite will equally be shared by the two or three satellites.

“With that, there will not be fear of any problem because there will be enough data collection centre and there will be reliability.

The minister said that once there is adequate backup, all government institutions, agencies and ministries must necessarily patronise NigComSat.

He said that a lot of the country’s money was being exported out to sustain other economy through data storage

“Once we are sure that we have three satellites then we can beat our chest that nobody would take Nigeria money outside for the purpose of storing data.”

Shittu also said that government intends to secure state-of-the-art mobile equipment that will be deployed to enforce compliance and also enable the detection, location and blocking of illegal users of spectrum.

“Effective radio spectrum monitoring would assist with intelligence gathering and support the security agencies in enhancing security and safety of citizens and the nation in general.”

The minister pointed out that government has worked assiduously on setting the proper policy and strategic environment for the development of ICT in the country.

According to him, the Federal Government will expand its investments in ICT infrastructure to extend connectivity to unserved and underserved areas.

“In this regard, attention will be paid to the issue of multiple taxation of ICT infrastructure and we are working to have ICT infrastructure designated as Critical National Infrastructure.

“We are also working to make more investments in building the capacity and harnessing the talents of our youth.

“In particular, we are increasing Accelerators and Incubator programmes as a means of building and harnessing the capacity of our increasingly ICT savvy youth population. (NAN)

•Photo shows NigComSat satellite.

Source News Express

Posted 30/10/2016 2:58:01 PM


Share on facebook Yahoo mail icon Gmail icon Share on Google+



REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...


You may also like...
We will not tolerate vandalism of power lines...

Buhari appeals for enough time to deliver promises...

Dramatic encounter as man bravely battles kidnapper in...

FCT to spend over N37m in 2017

RAPPER TURNS TERRORIST, abandons music for war front...

CISLAC, CDD mourn erudite scholar and Electoral Institute...

Murder suspect attempts to steal aircraft

Silverbird negotiates with AMCON over seized properties

CCT reschedules Saraki’s hearing to March 11

Uduaghan tasks African govts on exemplary leadership, good...

Boko Haram invades northern Cameroon •Loses 6 fighters...

Murder of Kano Trader, Bridget: Where’s the justice...


Latest News Traditional ruler, 9 others killed in fresh Kogi attack Ex-bank MD, Director remanded in prison over forgery Senator Dino Melaye charged with illegal possession of guns 9-year-old boy shoots sister dead over video game controller Orji Kalu’s trial: Abia Govt. House Accountant on the run IGP Idris orders withdrawal of policemen attached to VIPs Self-driving Uber car kills pedestrian Compensate sacked married women, Globacom told Robots to take over jobs from African workers Land Use Charge Law: Lagos lawmakers set up review committee Obiano re-appoints SSG, PS, appoints Chief Press Secretary 2019: APC chieftain joins governorship race in Ebonyi


Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (332,377 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (325,031 views) Shameless Genevieve Nnaji exposes breasts in public (260,784 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (214,332 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (197,983 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (192,378 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (167,665 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (150,390 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (143,133 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (133,211 views) Lagos plane crash: Journalist releases victims’ names (132,585 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (125,862 views)


Categories Advertorials (3) African Press Organisation (81) Art & Literature (34) Business & Economy (2,972) Business Verdict (36) Columnists (814) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (455) Features (552) Global Business Monitor (238) International (1,856) Interview (146) Live Commentary (28) Love Matters (114) News (33,731) Opinion (895) Pidgin (10) Politics (4,625) Religion (701) Sports (1,457) Stock Watch (28) AMA & Al Jazeera Global Update





Football Highlight -- BARCELONA - CHELSEA 3:0


APO Group Partner




REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera