Fidelity bank card banner Camano banner
Nigeria targets 2 new satellites to enhance connectivity, business

By News Express on 11/05/2016

Views: 1,990


The Minister of Communication, Mr Adebayo Shittu, on Tuesday said Nigeria would launch two additional satellites to space to improve local communication capacity.

Shittu said businesses in Nigeria were skeptical of linking the only satellite Nigeria has presently for fear of any crash.

The minister said at a town hall meeting in Kaduna on the one year anniversary of President Muhammadu Buhari’s administration that adequate legislation would be made to protect investment and patronage.

He said that the legislation would compel Nigerian institutions to host their information locally rather than patronising foreign companies.

Shittu said the administration would encourage e-government to cut bureaucratic bottlenecks.

He added that the government would invest N2.1 billion to re-position the Galaxy Backbone Limited, which serves as the public service connectivity clearing house.

“Already, we are making effort to get funding both locally and from foreign partners for the completion of the project.

“Once it is completed it would be possible for government to store all its information and to be able to connect within government.”

The minister announced plans to turn the Nigeria Postal Service into a conglomerate, by fully utilising its vast assets located in 2,500 towns and cities across Nigeria.

According to him, the plan includes creation of a NiPOST bank to promote financial inclusiveness in rural areas.

“To allow for rural inquisitiveness in financial services, if you have your parent in the rural area without bank you can now use the post office to send money and in real time the money is being received.

“We will also have NiPOST Insurance to take care of insurance services; and NiPOST Logistics and Transport Service.”

He said that service would be fully equipped with vehicles to enhance its services in line with global trend.

“If you look at the NIPOST facilities, they are virtually in every location.

“We think that we can now have NIPOST properties where private sectors can invest in constructing high rise residential buildings, malls and shopping complex on a Public Private Partnership basis.”

He said that this would bring in a lot of money for government and improve the nation's economy. “Soon NIPOST would become big business, a conglomerate.”

Shittu told the audience that the Digital Bridges Institute located in Abuja would be turned into an ICT University.

He said it would be dedicated to producing high level manpower for the ICT industry in Africa.

“Opportunities would b opened for our children to enlist in the university to train for top jobs in the ICT industry.” (NAN)

•Photo shows Bayo Shittu.

Source News Express

Posted 11/05/2016 04:57:58 AM

 

 

CLASSIFIED ADS

 

You may also like...
FAAN shuts Gombe, Kebbi airports over debt

Shock, gloom as tipper crushes 11 bus passengers...

WAANSA Nigeria lauds IGP on mop up of...

Death toll in Hajj stampede hits 310

PZ Cussons Chemistry Challenge 2014 invites entries •Winner...

Woman sells unborn baby for N100,000

World Cup: Rohr reveals secret of Super Eagles’...

785 witnesses to testify before Kano Governorship Election...

Insurgency: Collaboration among African states key to success,says...

Soldiers give free medical care to IDPs in...

Court grants SERAP leave to compel Fashola over...

Mixed reactions trail Lagos, Abuja airports concession plan...

 

Latest News Foursquare gets new General Overseer Hajj: Nigerian pilgrims visit Qu’ran exhibition centre in Madinah New twist in COZA Pastor’s rape saga: Police invites Timi, Busola Dakolo over alleged falsehood Banditry: Angry villagers take corpse to Zamfara Government House I am ready to lay down my life for Nigeria’s recovery — Obi American firm hoists Nigerian flag to honour exceptional employee Ruga: BNYL asks Igbo, Ijaw, Efik in North to return home as CNG’s deadline approaches Cultists wear Obas’ regalia, Ondo monarchs allege Insecurity: FG begins consultations with traditional rulers Police kill four teenage robbers in Edo Anambra community dismisses armoury rumour, threatens court action US-led war looming with Iran

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (510,557 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (431,719 views) Shameless Genevieve Nnaji exposes breasts in public (373,734 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (316,889 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (282,655 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (247,319 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (239,481 views) 10 cars more expensive than Jets (224,215 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (221,372 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (208,933 views) Lagos plane crash: Journalist releases victims’ names (188,501 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (187,106 views)

 

NLNG Job Vacancy

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (97) Business & Economy (4,358) Business Verdict (76) Columnists (1,075) Complaints & Requests (95) Enterprise & Opportunities (211) Entertainment (636) Features (780) Global Business Monitor (396) ICT Monitor (54) International (3,730) Interview (193) Live Commentary (30) Love Matters (164) Maggie's Blog (342) News (48,877) Opinion (1,293) Pidgin (17) Politics (11,173) Religion (1,052) Sports (2,106) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera