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Friday, 30 January 2015

Nigeria's Satellite 'NigComSat' to be Sold by 2018- Minister

 According to Minister of Communication Technology, Dr Omobola Johnson, plans are on ground to sell the Nigerian Communications Satellite (NigComSat).

Speaking on Thursday in Lagos Johnson said NigComSat hopefully would have been privatised by 2018 and it would be done in such a way that would be viable.

According to her, the satellite service provider company is going into partnership with other satellite owners to x-ray avenues to increase the viability of NigComSat.

She also said NigComSat-1R, the country's satellite launched in 2011, had increased its commercial value through the generation of revenue for government

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