NewsExpress banner First Bank Fashion Souk Fidelity bank card banner Umm Sulaim's Thoughts Camano banner

Nigeria targets 2 new satellites to enhance connectivity, business

By News Express on 11/05/2016

Gmail icon

Views: 2,080

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





You may also like...
Biafra: Buhari lied on Ojukwu; we challenge him...

Court remands party chairman in police custody in...

GM to recall 4 million vehicles over airbag...

Maritime Security: Bayelsa demands fair share of Naval...

Northern elders give Jonathan ultimatum to produce Chibok...

Conference delegate Edwin Clark’s son kidnapped

Oil prices crash

NiMET predicts dust haze conditions, cloudiness and localised...

Obi laments Nigeria’s poor spending on education

Osinbajo, Emir Sanusi meet behind closed doors

Youth coalition charges stakeholders to ensure peaceful conduct...

Pilot grounded for sending hijack alert by mistake...


Latest News I may die in DSS custody - Sowore CONFIRMED: Nnamdi Kanu’s father is dead Angry Nigerians attack Rotimi Amaechi in Spain Sowore: SERAP condemns re-arrest, invasion of Justice Ojukwu’s court Governor arrested over corruption allegations EEDC urges customers to embrace Distribution Transformer Metering and MAP scheme Electrocution of inmates: FG suspends seven officers, personnel of Correctional Service Robbers device new method of attacking bank customers Many feared trapped as multi-storey building collapses Sowore’s rearrest: ‘This has never happened before’, Falana slams DSS Imo community to abolish ' Osu ' caste system December 27 Sex scandal: Ekiti varsity sacks randy lecturer, others


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (569,267 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (455,416 views) Shameless Genevieve Nnaji exposes breasts in public (405,226 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (339,956 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (306,738 views) 10 cars more expensive than Jets (290,440 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (260,694 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (259,495 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (240,946 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (227,473 views) Lagos plane crash: Journalist releases victims’ names (203,351 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (199,822 views)


CBN milk production

CBN banner advert

UBA Wise Savers Promo


Categories Advertorials (3) African Press Organisation (81) Art & Literature (111) Business & Economy (4,613) Business Verdict (89) Columnists (1,155) Complaints & Requests (97) Enterprise & Opportunities (220) Entertainment (715) Features (852) Global Business Monitor (497) ICT Monitor (72) International (4,300) Interview (216) Live Commentary (30) Love Matters (177) Maggie's Blog (510) News (54,902) Opinion (1,435) Pidgin (18) Politics (11,851) Religion (1,130) Sports (2,244) Stock Watch (40) AMA & Al Jazeera Global Update







APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera