Ten years after the replacement of the country’s first communication satellite, NigComSat 1, the Federal Government has budgeted N3.1 billion for another satellite, NigComSat 2, this year. According to the approved 2021 budget, this will be the main capital project for the country’s satellite company this year.
This is coming even as stakeholders continue to lament the underutilisation of the current satellite, NigCom- Sat-1R. The replacement satellite, which was launched in 2011, has a lifespan of 15 years, meaning that it has five years left. Aside the new satellite project, the satellite company will also this year spend N500 million on the upgrade of its ground station, according to the 2021 budget.
Before his exit in 2019, the immediate past Minister of Communications, Barrister Adebayo Shittu, had insisted that Nigeria needed two new satellites to act as a backup for the current one. He had announced plans to approach China-Exim Bank to secure a loan of $550 million for the purpose…
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News Archive from before July 2018