‘Nigeria losing $50b yearly to underutilisation of space technology’
Indeed, due to the space program inaugurated in the country in 2001 by President Obasanjo, the space opportunity in Nigeria in terms of business and the ecosystem is valued about $50billion yearly.
FG targets $86m revenue from space satellite
Mr. Adebayo Shittu, Minister of Communications, said that the Federal Government has repositioned the Nigerian Communications Satellite Limited (NIGCOMSAT) for global competitiveness to enable it generate an annual revenue of $86 million into government coffers.
‘My presence at global IT forum attracted $4 billion to Nigeria’
The Minister of Communications, Adebayo Shittu, says his participation at the World Summit on the Information Society (WSIS Forum 2017) in Geneva, Switzerland has facilitated a $4 billion investment from India.
Reps’ panel demands cancellation of centenary city project
The House of Representatives Committee on the Federal Capital Territory (FCT) yesterday directed the immediate revocation of the Centenary City project due to lack of capacity of the firm that won the contract bid.
NCS calls for rechristening of ministry of communications
Nigeria Computer Society (NCS) has said that present parent ministry- Federal Ministry of Communications which houses three key agencies should be renamed Federal Ministry of Communication Technology to capture the entire ICT sector.
Reps uncover NIGCOMSAT’s illegally awarded 500m contracts
The House of Representatives yesterday unearthed how the management of Nigerian Communications Satellite (NIGCOMSAT) breached the Public Procurement Act (PPA) for three years, awarding insurance contracts ....
Government needs $500m for two new satellites
About $550 million is needed by the Federal Government to acquire two new satellites.
Communications Ministry inaugurates committee on legal advisers
The Federal Ministry of Communications has inaugurated a six-man committee of Legal Advisers for the ministry and its agencies to harmonise laws establishing the sector.