Nigerians express worry over the uselessness of NigComSat to every industry
Several Nigerians are beginning to lose confidence over the predicted volumes of merits that will come from the operations of the Nigerian Communications Satellite (NigCOmSat) Limited in the last couple of years. During the last lap of former President Olusegun…
NigComSat 2, 3, not about loans but equity participation by Nigeria, China—Minister
The Minister of Communications, Mr. Adebayo Shittu, has said that current move by the federal government to acquire two new orbiting satellites will not be funded by loans, but equity participation by the Nigerian government and Chinese investors. Already, Chinese…
NIGCOMSAT to generate N5bn in 5 years of commercialisation
After observing that Nigerian Communications Satellite known as NigComSat-1R, has failed to meet the target value of its launch by way of being beneficial, the Ministry of Communications has started working out how to redeem its image. The ministry is…
Experts describe NASRDA’s planned launch of Nano-Satellite as another drain pipe
More Nigerians and experts in Science and Technology have continued to condemn the planned launch of Africa’s first Nano-satellite, saying the platform will equally go the same of other white elephant satellites previously orbited by NigComSat. It would be recalled…