NigComSat backup satellite on hold
Nigerian Communications Satellite (NigComSat)’s plan to launch a backup satellite using a US$150m Chinese loan has been put on hold.
The backup satellite was one of the projects brought before the Federal Executive Council (FEC) for consideration by the former minister of communications, Adebayo Shittu, but negotiations over the loan arrangements could not be concluded before the FEC was dissolved.
However, NigComSat is moving ahead with other projects to support its infrastructure and bolster its commercial operations.
According to its 2020 budget announcement, around N112.1m will be used for improving its teleport security solutions, N105m will be used to upgrade its satellite control centre, N369m will be used to overhaul radio frequency and hub infrastructures and N92.4m will be used by its public satellite TV channel.
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